Retail fertilizers tracked by DTN for the second week of July 2019 show more of the same with prices once again mixed. As has been the trend in recent weeks, no fertilizer price moved significantly in either direction....
Retail fertilizers tracked by DTN for the second week of July 2019 show more of the same with prices once again mixed. As has been the trend in recent weeks, no fertilizer price moved significantly in either direction.
A lot of eyes have been on the 2019 commercial corn and soybean crop and the harried farmers who endured continuous delays while planting it. Seed companies and their contract growers to plant corn and soybeans for seed production have struggled, too, enduring a historically late and challenging planting season....
U.S. tart cherry producers welcome the opportunity to compete against farmers across the world, but they can’t compete against huge government subsidies that make the imported product much cheaper, says Phil Korson, executive director of the Cherry Marketing Institute....
As summer temperatures rise, dairy animals need to stay cool in order to remain productive. The University of Missouri says farmers should look at ways to reduce the heat during the dog days of summer. Here are five heat reduction systems that are economically beneficial for dairy operations in hot, humid climates....
Maryland farmers are seeing a record winter wheat yield this year even though acreage is down significantly from last year. The winter wheat yield in the state is 75 bushels per acre, up 8 bushels from the previous report and up 12 bushels from the 2018 average of 63 bushels per acre....
ProAg's training and underwriting teams are attending the 2020 NCIS Train the Trainer Fall Conference preparing for the 2020 reinsurance year. ProAg agents can sign up for 2020 Fall Agent Training today on the ProAgPortal system or by contacting their account representative. #readyforwhatcomesnext #cropinsurance
In May, USDA’s Risk Management Agency announced that producers of small grains in a limited number of states will be able to insure their small grain crops using Annual Forage coverage , a rainfall index product , for the grazing season and also use traditional multiple peril crop insurance like Revenue Protection or Yield Protection to insure their grain production. In prior years, producers could use the forage insurance or the traditional RP/YP policy for grain production, but not both.
This “dual use” (both grazing and grain) option is available for the 2020 crop in Kansas, Nebraska, Oklahoma, Colorado, Texas, and New Mexico, areas where grazing winter wheat has long been practiced, and where RMA considers this to be a good farming practice.
Contact your trusted ProAg agent today for more information.
For those in the path of this storm, our thoughts for your safety are with you, your farm and your livestock. Our world-class adjusting staff is preparing for this event and will be ready to service any claims that may occur with our industry-leading service. When you are able to safely assess any possible damage, please contact your trusted ProAg agent to start the claim process. Be safe out there!
BREAKING NEWS - Additional Time for Acreage Reporting in Certain Areas Impacted by Flooding and Excessive Precipitation
The U.S. Department of Agriculture (USDA) is extending the deadline for agricultural producers in states impacted by flooding and heavy moisture. The new July 22 deadline applies to producers in Arkansas, Illinois, Indiana, Iowa, Kentucky, Michigan, Missouri, Minnesota, North Dakota, Ohio, Tennessee and Wisconsin for reporting spring-seeded crops to USDA’s Farm Service Agency (FSA) county offices and crop insurance agents.
Although companies may provide additional time to submit acreage reports, policyholders are encouraged to report acreage at their earliest opportunity as claims cannot be completed until acreage reports have been filed and liability established. Additionally, the additional time to submit acreage reports does not extend other due dates that are tied to the Acreage Reporting Date, such as when Written Agreement and Added Land requests must be made and received.
Farm loan delinquencies provide an important measure into the overall well-being of the farm economy. This measure has trended higher over the last five years. While the upward trend is unfavorable, historical data provides context. Most notably, current levels remain below the long-run averages and levels frequently observed during the 1990s and early 2000s.
Looking ahead, delinquencies will be important to monitor if net farm income remains low.
#ageconomy #farming #agriculture
With some of the severe weather West Texas has experienced over the last few months, farmers are feeling a bit of a sting. With 40 years of experience, Walt Hagood said he continues to harvest cotton crops. However, this year his crops are putting up with all sorts of severe weather damage, he said.
So, Hagood said he turns to crop insurance to help protect what he works hard to grow. “Without crop insurance, there’s not any way to cover [the costs] if anything happens to your crop,” Hagood said.
Joey Brown, a crop insurance agent at Joe Brown Crop Insurance, said a multi-peril policy will cover a lot of different losses from hail damage to drought. He said the insurance allows farmers to feel secure if they lose a crop after natural disasters.