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Showing posts from January, 2017

Iowa Court Ruling Favors Drainage Districts

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Iowa Court Ruling Favors Drainage Districts
Jonathan Coppess, Agricultural Policy Specialist - University of Illinois

The Iowa Supreme Court has ruled drainage districts in the state cannot be sued for the cleanup of nitrates in drinking water. Todd Gleason has more…

Justice Thomas Waterman authored the majority…
1:04 radio
1:13 radio self contained



Justice Thomas Waterman authored the majority opinion, writing that policy deciding who pays for nitrate removal is the jurisdiction of Iowa lawmakers. This was a win for the drainage districts says University of Illinois Agricultural Policy Specialist Jonathan Coppess. However, he says the Clean Water Act implications of the suit, about whether or not field tiles are point sources that can be regulated, remains to be addressed.

Coppess :22 …the pipes it becomes a point source.
Quote Summary - So the big question under the Clean Water Act, as I understand it, is the Des Moines Water Works is claiming that the agricultural stormw…

Is it Time to Sell Some 2017 Soybeans

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Is it Time to Sell Some 2017 Soybeans
Todd Hubbs, Agricultural Economist - University of Illinois
source article



by Todd Hubbs

January 23, 2017 - Soybean prices increased dramatically over the week ending January 20 on reduced production estimates for the U.S. and increased uncertainty in the prospects for South American soybean production. Old crop soybean cash bid prices in central Illinois ended the week at approximately $10.40. New crop cash bid prices for harvest in central Illinois range between $9.90 and $9.94. The 2016–17 marketing year for soybeans, as it is currently shaping up, has a striking resemblance to 2015–16 marketing year expectations at this time last year. Despite the positive price outcome in 2016, a prudent soybean marketing plan for this year may possess some selling of 2017 soybeans in this price rally.

Currently, soybean production estimates for the United States in 2016 of 4.307 billion bushels is down one percent from the November forecast of 4.…

Calling All Soybean Growers

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Calling All Soybean Growers
Emerson Nafziger, Extension Agronomist - University of Illinoisby Emerson NafzigerJanuary 16, 2017 - A year ago I asked Illinois soybean growers and those who work with growers to help on a large project, funded by soybean checkoff funds by the North Central Soybean Research, designed to gather a small set of information on more than 500 soybean fields in Illinois for each crop year from 2014 through 2017. We appreciate that some of you provided information, but we ended up with less than a quarter of the fields we needed for the 2014 and 2015 seasons. This is a request for help in getting many more fields in the database.The most useful way I’ve heard this project described is as a “search to find what we should work on next” with regard to soybean research. The goal is to have thousands of fields in a large database, then to see how soil, weather, and management interact to produce yield.To help make it easy for people to provide this informa…

USDA January Reports | an interview with Todd Hubbs

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USDA January Reports | an interview with Todd Hubbs
Todd Hubbs, Agricultural Commodity Markets - University of Illinois

University of Illinois commodity grains analysts Todd Hubbs discusses the January 12th USDA reports including Crop Production, Grain Stocks, and WASDE.








New FarmDoc Tool Assesses Performance of Crop Insurance

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New FarmDoc Tool Assesses Performance of Crop Insurance
Gary Schnitkey, Agricultural Economist - University of Illinois



by Gary Schnitkey
original source FarmDocDaily

A new “Product Performance” section has been added to the 2017 Crop Insurance Decision Tool. By using this section, users can examine per acre premiums and payments from alternative crop insurance products from 1995 to 2015, thereby allowing users to gain a feel for the historical performance of crop insurance products. For corn, users will notice that the 2012 drought had large impacts on crop insurance performance.

User Selections

From the 2017 Crop Insurance Decision Tool, users will select “product performance” from the menu and make the following selections (see Figure 1):
State. Any state in the nation can be selected.County. Any county can be selected.Crop. Information is available for corn, soybeans, and wheat.Product. Data are available for Revenue Protection (RP), Yield Protection (YP), RP with the h…

Revenue Protection (RP) Use on Corn in the Midwest

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Revenue Protection (RP) Use on Corn in the Midwest
Gary Schnitkey, Agricultural Economist - University of Illinois
FarmDocDaily Source Article



by Gary Schnitkey

Revenue Protection (RP) is the most used crop insurance plan for corn. Over time, RP use has grown to over 90% of corn acres insured in many counties in the corn belt (farmdoc daily, December 13, 2016). As illustrated by maps in this article, farmers in the corn belt typically select 80 and 85% coverage levels when using RP. Detailed statistics on a county basis are available from the “product use” section of the 2017 Crop Insurance Decision Tool). Overall, use suggests farmers prefer revenue insurances that allow guarantees to increase if harvest prices are above projected prices. Use of high coverage levels suggests farmers value protection offered by crop insurance.

RP Use

According to 2016 Summary of Business statistics from the Risk Management Agency (RMA), RP use on corn acres is over 95% in most counties aro…

Prospects for 2017 Ethanol Usage

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Prospects for 2017 Ethanol Usage
Todd Hubbs, Agricultural Economist - University of Illinois Ethanol production in the United States ended the year on a record-setting note. And, as Todd Gleason reports, it could mean an even bigger number for the corn-based fuel in 2017.Ethanol production for the last week of the year…
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2:25 radio self-contained Ethanol production for the last week of the year, ending December 30, set a new record averaging 1.043 million barrels per day. This, says University of Illinois Agricultural Economist Todd Hubbs, was a really good week in a very good month and an even better year.Hubbs :37 …exceeded this marketing year.Quote Summary - It was. The whole month of December the U.S. industry produced a lot of ethanol, exceeding a million barrels per day twice. And I think the overall average for the month is going to be above a million barrels per day. When we look back through the first part of the marketing year ethanol exports and crush…

Tropical Bird Populations to Change | an interview with Jeff Brawn

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Tropical Bird Populations to Change | an interview with Jeff Brawn
Jeff Brawn, Animal Biology - University of Illinois College of ACES NRESThe future of the red-capped manakin and other tropical birds in Panama looks bleak. A University of Illinois research project spanning more than three decades and simulating another five decades analyzes how changes in rainfall will affect bird populations. The results show that for 19 of the 20 species included in the study, there may be significantly fewer birds if conditions become dryer.

Two Percent More Pork & Higher Prices

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Two Percent More Pork & Higher Prices
Chris Hurt, Extension Agricultural Economist - Purdue UniversityThe last USDA Hogs and Pigs report issued in December estimated this year’s supply of pork will be larger than most analysts expect. Todd Gleason has more on how that will happen.U.S. pork producers, in the last quarter…
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3:06 radio self containedU.S. pork producers, in the last quarter of 2016 set a pigs per litter record,10.63. For the whole of the year, the new annual record is 10.5 pigs per litter. Every sow is having more pigs. Given these numbers, the industry will increase pork output by about three percent this year says Purdue University Extension Agricultural Economist Chris Hurt. Hurt :12 …and by about four percent in the last-half.Quote Summary - And that will be to 25.7 billion pounds. This represents a 12 percent increase since 2014 when PED reduced production and contributed to record high hog prices. Pork production will rise by two percent i…