Iowa farmland values fell about three-and-a-half percent over the past six months and are down nearly nine percent in the past year.
Thats according to the latest survey of land values conducted by the Iowa Chapter of Realtors Land Institute. The groups chairman, Kyle Hansen with Hertz Farm Management, says the drop is not surprising given the dramatic decrease in commodity prices.
The latest information in planting cover crops is now available. Purdue University released its second edition of the Midwest Cover Crops Field Guide today. Eileen Kladivko, Purdue professor of agronomy says the updated field guide will provide information to help farmers better choose appropriate cover crops for their farms and better manage the cover crops they grow.
Updated from the first edition released in 2012, the guide features seven new topics: Getting started in cover crops; rationale for fitting cover crops into different cropping systems; suggested cover crops for common rotations; cover crop effects on cash crop yields; climate considerations including winter hardiness and water use; adapting seeding rates and spring management based on weather; and up and coming” cover crops. In addition there is also more information about herbicide carryover, manure and biosolids applications, and crop insurance issues.
The guides second edition is available at Purdue Extensions The Education Store. Click HERE and then search by the name of the publication or product code ID-433.
USDA reports red meat supplies at the end of August were down 7% on the year at 933.681 million pounds.
Beef came out at 343.664 million pounds, a 20% year to year drop, which was larger than expected due to the tight supply of market ready animals. Pork was pegged at 546.305 million pound, a little bit smaller than last year, but statistically unchanged. Analysts had been expecting a decrease.
Poultry supplies totaled 1.111 billion pounds, 14% less than last year, with chicken at 616.028 million pounds, down 13%, and turkey at 492.769 million pounds, a 15% decline.
USDA’s red meat and poultry production numbers for August are out Thursday.
Indiana soybean farmer Matt Chapman is participating in the American Soybean Associations Leadership at its Best development program. The program is designed to hone the leadership skills of emerging soybean farmer-leaders. Chapman, who farms in Springport, Ind. decided to participate in the program because of the opportunities it offers him to develop as a leader and be actively involved in the agriculture industry into the future. I saw this as a great way to gain skills to help me be in a leadership position someday on whatever board I am part of. This program can only make me a better representative for agriculture at all levels.
Part one of the program took place in Greensboro, N.C. where participants developed their communication skills and learned more about the national attitude towards agriculture. The program concludes in March when the group will travel to Washington, D.C. during the ASA board meeting. The focus of the program is on legislative issues and agricultural concerns and participants will receive training on communications with Congress and ASA policy briefings designed to prepare state leaders to make Capitol Hill visits.
The main item of business in feedlot country on Monday is the distribution of this weeks showlists. Bids and asking prices are not fully established. Significant business was delayed until Friday last week, and cattle buying was limited. Packers will no doubt be starting the week short-bought once again. Live southern deals were marked at 159.00, generally 2.00 to 3.00 lower than the previous week. Northern dressed business ranged from 244.00 to 245.00, about 3.00 to 4.00 lower than the previous Weekss weighted average basis Nebraska.
Boxed beef cutout values are firm to higher with choice up .66 at 114.99, select 230.52 up .91.
Feeder cattle receipts at the Joplin Regional Stockyards totaled 4,000 head on Monday. Compared to last week, steer and heifer calves opened steady. Yearlings were not tested early, demand was good and the supply was moderate. Feeder steers, medium and large 1 weighing 500 to 600 pounds traded from 257.50 to 275.00 per hundredweight. 5 to 6 weight heifers brought 237.00 to 242.50.
Barrows and gilts in the Iowa/Minnesota direct trade are not reported due to confidentiality. Western hogs ae down .57 at 104.95 weighted average on a carcass basis, the East is .15 lower at 99.62. Nationally the market is 3.88 lower at 100.37. Missouri direct base carcass meat piece is steady to 2.00 higher from 90.00 to 99.00. Midwest hogs are steady with an instance of 2.00 to 4.00 higher from 65.00 to 78.00 live.
Pork carcass cutout value is up 1.35 FOB plant 114.99. Bellies and loins are over 5.00 higher but hams are lower.
Seasonal realities are rough to bet against. Barring a shocking surprise, the weekly hog slaughter is now set to increase by 200,000 head or so over the next 30-60 days.
A global crop protection company says it is driven by the strong demand for innovative solutions for sustainable agriculture. The company held its annual news conference in Monheim, Germany, last Wednesday and Brownfield Ag News was there along with about 100 other agriculture journalists from all over the world.
Bayer CropScience says it is expanding its investments in research and development and in production facilities. Liam Condon, Bayer CropScience CEO, says farmers throughout the world continue to face challenges from severe weather effects and his company is responding with new innovations.
The company continues its work to develop new wheat varieties, working toward greater transparency in its explanations of its products, and, continuing its research and education in bee health.
Condon lauds U.S. regulatory agencies for using science and risk-based analysis, something he says European regulators are unfortunately moving away from.
USDA reports corn and soybean export inspections for the week ending September 18 were above what’s needed weekly to meet USDA projections for the 2014/15 marketing year, but wheat fell short of its mark.
Wheat came out at 506,612 tons, down 158,206 from the week ending September 11 and 664,974 lower than the week ending September 19, 2013. For the 2014/15 marketing year to date, wheat inspections are 8,272,962 tons, compared to 12,645,427 in 2013/14.
Corn was reported at 1,018,858 tons, up 258,634 from the previous week and 562,090 higher than this time last year. So far this marketing year, corn inspections are 2,504,634 tons, compared to 1,176,887 a year ago.
Soybeans were pegged at 467,684 tons, 212,542 more than the prior week and 10,607 above last year. At this point in the marketing year, soybean inspections are 802,711 tons, compared to 588,226 a year ago.
Sorghum inspections totaled 126,907 tons. That’s a decrease of 22,364 tons on the week, but an increase 63,742 on the year. 2014/15 sorghum inspections are 339,047 tons, compared to 310,468 in 2013/14.
Across the Corn Belt, dry weather continues to promote corn and soybean development, as well as early-season winter wheat planting. Conditions are especially favorable across the upper Midwest, where above-normal temperatures are helping to push late-developing summer crops toward maturity.
On the Plains, mostly dry weather favors summer crop maturation and winter wheat planting. In addition, near-record to record-setting warmth is developing across the northern High Plains, helping with the late stages of the delayed spring wheat harvest.
In the South, isolated showers are occurring in the vicinity of a cold front from the Carolinas to Alabama. Showers also dot Floridas peninsula. Elsewhere, dry weather favors fieldwork and summer crop maturation.
In the West, a late-season surge of moisture is producing isolated showers in several areas, including the southern and central Rockies and the northern Intermountain region. In many parts of the West, however, dry weather accompanies late-season heat.
Unusual, late-season warmth from the Pacific Coast to the northern Plains and upper Midwest will build eastward, gradually displacing previously cool conditions in the eastern Corn Belt. Cool conditions will linger, however, along the Atlantic Seaboard. By weeks end, cooler air will begin to spread inland across the West, while record-setting warmth will persist across the northern Plains and environs. Scattered showers will accompany the late-week push of cooler air into the West, but significant precipitation (locally 1 to 3 inches) will be confined to the Pacific Northwest. Farther east, a late-season surge of moisture associated with the monsoon circulation could result in 1- to 2-inch rainfall totals from the Southwest to the central Plains, while heavy rain will develop along and near the southern Atlantic Coast. Elsewhere, mostly dry weather will prevail through weeks end from the Mid-South into the Midwest and Northeast.
Looking ahead, the 6- to 10-day outlook calls for warmer-than-normal weather from the Plains to the East Coast, while near- to below-normal temperatures will cover much of the West. Meanwhile, near- to above-normal precipitation across the majority of the U.S. will contrast with drier-than-normal conditions from the middle and upper Mississippi Valley into the Northeast.
For the second year Becks Hybrids showcased some of the Practical Farm Research being conducted at the London, Ohio site, located adjacent to the Farm Science Review. Scott Beck talked with Dave Russell about how Practical Farm Research benefits farmers and about the building construction underway on the site and what it will mean to Central Ohio farmers.
Lonnie Smith, Sr. Marketing Manager for Agro-Culture Liquid Fertilizers says farmers stopping by their exhibit at the 2014 Farm Science Review were talking about sustainability. Lonnie talked with Brownfields Dave Russell about that and about ways the fertilizer industry and farmers are addressing nutrient management.
Larry Gibson, southern territory representative for Superior Manufacturing says farmers at the 2014 Farm Science Review wanted to know what kind of options in grain handling systems are available. Gibson talked with Brownfields Dave Russell about the options and the products Superior Manufacturing has available.
Jim Strause, Regional Vice President at Fastline says farmers like having both the print and the digital options. Strause says by adding the digital component its changed the dynamics of selling equipment. Jim also talked about the Hot List.
Farm Science Review provides companies like Seed Consultants an opportunity to talk with folks not only about this years crop, but for Daniel Call, operations manager at Seed Consultants says its also an opportunity to talk about whats coming. Daniel talked with Dave Russell about the seed corn crop and changes coming in soybeans.
Jake Follrod, Regional Director at Equipment Technologies talks with Brownfields Dave Russell about Apache Sprayers and what they offer. Jake says in many instances the technology youll find on an Apache Sprayer is the result of talking to their customers.
For K-Buildings, the work really begins after Farm Science Review ends. Doug Hemm, director of marketing and domestic dealer development for Elgin Service Center talked with Brownfields Dave Russell about everything from set-up, to customer follow-up, to what sets K-Building apart from others.
Walking into the exhibit at Farm Science Review you get just a sample of the equipment available at H.G. Violet Equipment located in Delphos. Brownfields Dave Russell talked with Howard Violet about one product line in particular they carry, Agri-Cover. Its a roll tarp system that Howard says theyve been selling for a long time, and for good reason.
Farmland values have softened a little, but there is no crash expected in the price of farmland. Dale Aupperle tracks Illinois farmland values and tells Brownfield that farmland is what it earns, and while commodity prices have fallen, the volume of the crop will make up part of the earnings shortfall.
Since President Franklin D. Roosevelt signed the first National Farm Safety Week proclamation in 1944, National Farm Safety and Health Week has been recognized by Presidential proclamation from every President since then.
On Friday, September 19, President Obama issued the proclamation, proclaiming September 21-27, 2014 as National Farm Safety and Health Week.
And this years theme is Safety Counts Protect What Matters, said Dee Jepsen, Agricultural Safety and Health Specialist for Ohio State University Extension. Theres no excuse anymore for us to just accept some of the injuries that happen, we really can make a difference and I think some of our young managers coming out in the workplace understand that and theyre willing to change that culture that we dont accept that bad things can happen to our workforce.
While some are looking for immediate grain storage solutions for this falls harvest, others are looking ahead to 2015. Dave Dell, Global Marketing and Sales Director for Brock Grain Systems talked with Brownfields Dave Russell at Farm Science Review about storage systems and what farmers are looking for today in a grain system.