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Showing posts from October, 2017

How Many U.S. Soybean Acres Needed in 2018

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How Many U.S. Soybean Acres Needed in 2018
Todd Hubbs, Commodity Markets Specialist - University of Illinois Farmers in the United States have been planting more and more acres to soybeans. Todd Gleason explores if this trend should continue next year. 1:29 radio
1:37 radio self-containedThere is a simple reason behind this increase. Soybeans have been more profitable than other crops over the last several years. The question now is how many acres will they plant next year. University of Illinois Commodity Markets Specialist Todd Hubbs has been thinking about that one and he decided to determine how many acres are needed if the stocks-to-use ratio was to stay at about 7%. Hubbs says that number should provide a $9.50 season’s average cash price. Hubbs :39 …based on a seven-percent stocks-to-use.Quote Summary - If we assume seven-percent stocks-to-use in 2018/2019 would give us $9.50, which would cover the cost of production in Illinois based on current projections, how ma…

Farmers Desires for Enterprise Units Use Across County Lines

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Farmers Desires for Enterprise Units Use Across County Lines
Gary Schnitkey, Agricultural Economist - University of IllinoisIn a survey conducted by the Illinois Corn Growers Association, farmers with land in different counties indicated a willingness to combine insurance units across counties. Todd Gleason has more on the results with University of Illinois Agricultural Economist Gary Schnitkey.

Soybean Acreage in 2018 | an interview with Todd Hubbs

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Soybean Acreage in 2018 | an interview with Todd Hubbs
Todd Hubbs, Commodity Markets Specialist - University of IllinoisThe market is currently sending a signal of maintaining the record high soybean acreage of 2017, but the necessity for that level of soybean acreage in 2018 could deteriorate quickly under evolving market conditions. Todd Gleason has more with University of Illinois Commodity Markets Specialist Todd Hubbs.

Comparison of 2016 ARC-CO and PLC Payments

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Comparison of 2016 ARC-CO and PLC Payments
link to full farmdocDaily article

The United States Department of Agriculture will issue farm safety net payments this month. Todd Gleason has more on the payments for this year, and projections for next year with University of Illinois Agricultural Economist Gary Schnitkey. You may listen to that conversation.



Schnitkey, his University of Illinois colleagues Nick Paulson & Jonathan Coppess, and Ohio State’s Carl Zulauf also explored how the 2016 ARC County payments would compare to those from its counterpart USDA safety net program, PLC. This exploration is a head to head look at how each program performed.

Check the farmdocDaily website for full details at www.farmdocdaily.illinois.edu.

The four academics compared PLC and ARC-CO payment levels per base acre in 2016. They looked at corn and wheat and then did a simple calculation for each to illustrate which USDA farm safety net program made the largest payments for 2016. The…

ARC Payments for 2016 & 2017 | an interview with Gary Schnitkey

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ARC Payments for 2016 & 2017 | an interview with Gary Schnitkey
Gary Schnitkey, Agricultural Economist - University of IllinoisThe United States Department of Agriculture will issue farm safety net payments this month. Todd Gleason has more on the payments for this year, and projections for next year.6:04
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Calculating N-Rates for Corn | with Emerson Nafziger

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Calculating N-Rates for Corn | with Emerson Nafziger
Emerson Nafziger, Extension Agronomist - University of IllinoisUniversity of Illinois Agronomist Emerson Nafziger says deep prairie soils can provide up to one-hundred-pounds of N annually. This makes nitrogen fertilizer applications less limiting than once thought. Todd Gleason talks with Nafziger about how farmers should calculate anhydrous ammonia rates this fall.17:32 soq

Exploring Corn & Soybean Stocks

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Exploring Corn & Soybean Stocks
Todd Hubbs, Commodity Grain Markets - University of IllinoisLast week’s Grain Stocks report should reduce the ending stocks for both corn and soybeans this month. Todd Gleason has more on how that might play out.1:42 radio
1:50 radio self-contained USDA’s quarterly grain stocks estimate suggests there are fewer bushels of corn and soybeans leftover from last year than have been reported so far. University of Illinois Commodity Grain Markets Specialist Todd Hubbs says corn is off by 56 million bushels and soybeans are down 44 million.Hubbs :23 …isn’t a shocker, but it did change the balance sheet.Quote Summary - I’d say one thing out of the stocks report is the idea that corn and soybean consumption is starting to get stronger as we move through the year. This is especially the case in some areas we didn’t see before like feed. For the soybean ending stocks, USDA adjusted 2016 production. This isn’t a shocker, but it did change the balan…

Exploring Corn & Soybean Stocks | an interview with Todd Hubbs

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Exploring Corn & Soybean Stocks | an interview with Todd Hubbs
Todd Hubbs, Commodity Grain Markets - University of Illinois

Last week’s Grain Stocks report should reduce the ending stocks for both corn and soybeans this month. Todd Gleason has more on how that might play out.

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Avoiding Field & Combine Fires

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Avoiding Field & Combine Fires
Duane Friend, University of Illinois ExtensionWe’ve been hearing about range and brush fires out west all year long. Now, the threat has come to the corn belt. Todd Gleason has more on how farmers can work to avoid combine and field fires this harvest season. 2:15 radio
2:24 radio self-contained Dry conditions from the Dakota’s to Illinois should keep farmers wary of accidentally starting a fire. It’s not something that aren’t used to thinking about each harvest, but one to take special note of this season says Duane Friend from the University of Illinois.Friend :37 …and you can end up with a field fire.Quote Summary - And it is one of those things where you may have a combine or a truck out in the field and field fires don’t always just start immediately. Sometimes they can start from plant materials which have been smoldering for 15 to 30 minutes. So, if somebody is driving a vehicle with a hot exhaust pipe through a field and it comes…

Dealing with Fall Drought in the Home Landscape

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Dealing with Fall Drought in the Home Landscape
Chris Enroth, Extension Horticulture - University of IllinoisIt appears the dry weather is going to last through the fall. Todd Gleason has more from the University of Illinois on how to care for your yard and landscape.