Pete,
Planning on being there for the evening activities for sure, hoping to attend the tour portion as well.
Larry
Saturday, August 4, 2012
Friday, August 3, 2012
Corn Test Weight
Early test on corn in southern Iowa...32%, 45 test weight...yikes! -- Bob Quinn (@quinnwho)
From Jared Kane- Fairbank, IA
Just like everyone else.... lots of tip back and quite a bit of difference in the fields
Newton, IA Speedway
iowa bound! looking to get the bright green @godaddy machine a good finish this weekend! -- Danica Patrick (@DanicaPatrick)
Agricultural Commodities and The Farm Economy
Takeaways from Conference Call with Dr. Michael Swanson
- The market price for corn may not adequately incorporate any potential demand destruction from reduced ethanol usage or flagging export demand. According to Dr. Swanson, ethanol consumption could decline about 300 million bushels from the current WASDE estimate due to lower gasoline usage, and high dollar price corn along with a strong dollar could dampen export demand.
- In 2011, corn prices peaked at roughly $7.80 per bushel in September, then moderated through the balance of 2011 and ended the year at $6.50 per bushel, or down almost 20% from peak levels. According to Dr. Swanson, peak pricing levels arrived earlier this year due to earlier corn plantings and an earlier, weather-related deterioration in the crop conditions. Dr. Swanson added that once the extent of the damage to the corn crop is known, prices are “certainly going to retreat.”
- There is plenty of land outside the United States that could be used for agricultural purposes. The USDA forecasts that, in the 2012 season, farmers in the United States will harvest 55.5 million hectares of land and yield 6.8 metric tons per hectare, while farmers outside the United States will harvest 443.3 million hectares of land and yield just 3.2 metric tons per hectare. According to Dr. Swanson, an intense push is under way in other parts of the world to use better genetics, better crop chemicals and better equipment to maximize yield. If these initiatives raise the global yield to 4.5 metric tons per hectare, the incremental output would nearly equal twice the annual production of the United States.
- Population growth and GDP growth in and of themselves are not sufficient to drive up commodity prices. From 1950 to 1988, the global population doubled, yet corn prices moved sideways throughout this period. In addition, even though global GDP doubles roughly every two decades, until recently, corn prices have remained relatively stable (1973–2007).
- Companies with agricultural commodity exposure are exiting the hedging business, to limit commodity price risk and to focus more on core businesses (i.e., manufacturing or processing). According to Dr. Swanson, these companies are simply passing through the volatility to end-users, rather than trying to predict or profit from it.
New Crop Tour '12 Grower Host Added
Thank you Randy Ratchford- Independence, IA for hosting a stop on Crop Tour '12!
Thursday, August 2, 2012
Full Tip Back Mode- Buchanan County, IA
This 1/1000 of/ac.yield est.146 BPA Lost 16 BPA in last 10 days due to "tipping back on the ear" Looks great from road! http://t.co/7XgJMuV7 -- Chris Barron (@chrisbarron24)
Losing Ground Fast
Lost 10 BPA in ten day period to #HEAT. 5 yield estimates repeated- same areas-154 to 144 BPA on avg.This #corn looks great from the road!! -- Chris Barron (@chrisbarron24)
Washington County, IA
Washington County, IA corn all planted 4/11/12 to 4/13/12, two ears from three separate fields.
From Dustin Snakenburg- Ainsworth, IA
New Crop Tour '12 Grower Host Added
Thank you Craig & Jordy Albert- Brandon, IA for hosting a stop on Crop Tour '12!
National Crop Yield Estimates
FC Stone puts corn yield at 124.3 and soybeans at 36.2. Both numbers require more rationing. Forecast not looking good. Corn small disaster. -- Jason Britt (@jasonlbritt)
New Crop Tour 2012 Sponsor Added
Thank you US Bank and the entire crew at the Vinton, IA branch for your interest and support of Crop Tour '12!
Crop Tour '12 RSVP- Andy White
Count me in that night for sure, I'll try to make it during the day. I'll let Bill Kester know about it as well.
Andy
Reply: Thanks Andy. Be sure to invite and RSVP anyone you think has an interest in this crops yield potential or would like to interact with other Crop Tour attendees.
Andy
Reply: Thanks Andy. Be sure to invite and RSVP anyone you think has an interest in this crops yield potential or would like to interact with other Crop Tour attendees.
Wednesday, August 1, 2012
New Crop Tour '12 Grower Host Added
Thank you Jon Kremer- Quasqueton, IA for hosting a stop on Crop Tour '12!
Federal Crop Insurance Resources
Hi Pete,
A promising growing season with nearly ideal planting conditions has turned into a potentially devastating drought. Growers Edge provides the resources to help with your decisions that affect your profitability.
Stay informed, view the federal crop claims checklist to help you stay on track during this difficult season.
Be prepared, review information on how to prepare for a federal crop insurance APH review, which is required for claims over $200,000.
Contact your local crop insurance agent with questions specific to your crop insurance policy.
Your Growers Edge Team
A promising growing season with nearly ideal planting conditions has turned into a potentially devastating drought. Growers Edge provides the resources to help with your decisions that affect your profitability.
Stay informed, view the federal crop claims checklist to help you stay on track during this difficult season.
Be prepared, review information on how to prepare for a federal crop insurance APH review, which is required for claims over $200,000.
Contact your local crop insurance agent with questions specific to your crop insurance policy.
Your Growers Edge Team
Photo Clarification
The difference between sheep and goats: http://t.co/Sm3lUhq9 -- Living Country Life (@SmallFarming)
Flat Corn in Western Iowa
Corn flattened by 65 mph winds in west-central Iowa last week #drought12 http://t.co/4iFEHDqc -- Tom Block (@ruralroots)
Nebraska Crop Report
Distinct difference in irrigated crops & non-irrigated crops in eastern Nebraska. #drought12 -- Jennifer Carrico (@JennCattleGal)
Blog Growth- 2012
Reply: Thanks for reading & sending in great timely information.
We're having a blast and hope you are too.
HR 6228 Insight
House yanked1-year ext of farm bill from HR 6228 and will vote Thursday on the ag disaster (livestock focus) package only. -- Chip Flory (@ChipFlory)
Tuesday, July 31, 2012
New Crop Tour '12 Grower Host Added
Thank you Steve & Lance Fleming- Lamont, IA for hosting a stop on Crop Tour '12!
Drought Meeting Advice
I WOULD ENCOURAGE ALL FARMERS TO ATTEND THE DROUGHT MEETING.WENT TO ONE YESTERDAY,GOOD INFO. EVEN IF YOU DO NOT HAVE LIVESTOCK.
SCOTT HINGTGEN- JACKSON COUNTY, IA
Drought Meeting Planned
August 2, 2012 – 1:00 – 3:00 p.m.
There is no charge for this meeting
Join Iowa State University Field Specialists as they discuss options available to crop and livestock producers dealing with drought conditions. This meeting is being sponsored by Benton, Black Hawk, Buchanan and Tama County Extension.
There will be time for questions and answers following the presentations
Location: Pioneer Plant Conference Room
3239 Hwy 8 West, Dysart Iowa
Speakers: Jim Fawcett, ISU Crop Specialist
Denise Schwab, ISU Beef Specialist
Jim Jensen, ISU Farm Management
Specialist
Sent in by:
Greg Walston
501 1st Ave.
Vinton IA 52349
Phone 319-472-4739
Fax 319-472-5601
gwalston@iastate.edu
Benton County Program Director
Iowa State University Extension
Iowa State University Extension
Quality Locker Beef For Sale
Call Pete 319-327-0806 to claim
Monday, July 30, 2012
New Crop Tour '12 Grower Host Added
Thank you Pat Maloney- Ryan, IA for hosting a stop on Crop Tour '12!
Sunday, July 29, 2012
Crop Tour Invites- From Jessica Schmitz
Pete,
I dropped off some flyers to marcus yesterday as well as bank iowa, dunlaps, and Napa. Today I got them to Krobs in rowley and walker, adam white, and fairchilds. I have dropped off more, I will get my list and let you know where tomorrow. I am getting them to Bret and Elliot tomorrow and contacted jake yesterday about meeting up with him when he was in the indee area to get them too him.
I dropped off some flyers to marcus yesterday as well as bank iowa, dunlaps, and Napa. Today I got them to Krobs in rowley and walker, adam white, and fairchilds. I have dropped off more, I will get my list and let you know where tomorrow. I am getting them to Bret and Elliot tomorrow and contacted jake yesterday about meeting up with him when he was in the indee area to get them too him.
From Scott Hingtgen- Jackson County, IA
I had to laugh when I seen this. Not sure how the volunteer bean got going by the bin, but I think the corn and bean plant are looking better than what is out in my fields. Missed rain Tuesday a.m. and Wednesday night. No real rain since June 29,2012.
From Bryan Bayness- Fairbank, IA
These ears look like 75% of my other fields. 10xmaybe16. NO RAIN since 20th of june....start chopping saturday. I've had insurance adjuster say many fields on our farm wont do 50 bpa:-( thats tough to swallow.
New Crop Tour '12 Grower Host Added
Thank you Ron & Russ Crawford- Independence, IA for hosting a stop on
Crop Tour '12!
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