Providing a historical perspective on corn and soybean prevent plant acres, this article shoes those acres are expected to be large, if not record large, in 2019; in part because corn and soybeans are large acreage crops in areas expected to have sizeable prevent plant acres....
DTN's National Corn Index settled at $4.20 on Thursday, the highest level in five years. It may not have peaked, either, said DTN Lead Analyst Todd Hultman. There are a lot of doubts about whether USDA went low enough with its estimate for 1.675 billion bushels of ending stocks for the 2019-20 corn crop....
Oregon State University's new Global Hemp Innovation Center announced Thursday, coupled with a nascent national review board for hemp varieties and a handful of seed certification programs nationwide, are creating accountability by standardizing U.S. hemp for a global market....
According to the Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, the economic advisability of planting soybeans depends on receiving Market Facilitation Payments and no additional Federal aid for prevent planting acres. Their current projections indicate that returns from either prevent planting or planting soybeans will not cover costs and working capital will be eroded. At the end of this article, links to YouTube videos provide the latest information on cover crops and the Market Facilitation Program as well as a general background on preventing planting.
Source: Schnitkey, G., K. Swanson, C. Zulauf, R. Batts and J. Coppess. "Soybean Prevent Planting Decisions in Middle June, Cover Crops, and MFP Payments." farmdoc daily (9):114, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, June 20, 2019.
Farmers who planted cover crops on prevented plant acres will be permitted to hay, graze or chop those fields earlier than November this year, the U.S. Department of Agriculture (USDA) announced today. USDA’s Risk Management Agency (RMA) adjusted the 2019 final haying and grazing date from November 1 to September 1 to help farmers who were prevented from planting because of flooding and excess rainfall this spring.
Contact your trusted ProAg #cropinsurance agent for more information on how prevented plant works with your specific policy coverage.
Well worth a listen to help you understand the USDA Weekly Crop Progress Report.
The planting percentages in the Crop Progress Report (such as the numbers posted Monday below) represent the portion of the crop that's planted relative to the intentions as of that week, not what farmers had intended to plant at the beginning of #noplant19 http://ow.ly/U0J250uI8FI
This article, from the Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, provides historical perspective on corn and soybean prevent plant acres. These acres are expected to be large, if not record large, in 2019; in part because corn and soybeans are large acreage crops in areas expected to have sizeable prevent plant acres. Prevent plant acres for corn and soybeans are compared to other crops. Average and highest shares are computed by state. Given widespread late planting of both crops in 2019, the highest share by state is applied to the March 30, 2019 Prospective Planting acres.
#noplant19 #cropinsurance #preventedplant #LetUsProtectYou
Zulauf, C., G. Schnitkey, K. Swanson, J. Coppess and R. Batts. "Prevent Plant for Corn and Soybeans, 2007-2018." farmdoc daily (9):112, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, June 18, 2019.
National Pollinator Week (June 13-23) is a time to celebrate pollinators and spread the word about what you can do to protect them. Birds, bats, bees, butterflies, beetles, and other small mammals that pollinate plants are responsible for bringing us one out of every three bites of food. They also sustain our ecosystems and produce our natural resources by helping plants reproduce.
Crop insurance can provide a safety net to protect the income of beekeepers who raise and care for honey bees for the purpose of, but not limited to, the collection of pollen, honey, and wax production, and breeding stock.
Contact your trusted ProAg crop insurance agent for assistance in comparing the risk management options available to you and your unique apiculture operation. Come experience the ProAg difference today.
#apiculture #cropinsurance #LetUsProtectYou
Happy Father’s Day to all those special Dad's out there. "I inherited that calm from my father, who was a farmer. You sow, you wait for good or bad weather, you harvest, but working is something you always need to do." Miguel Indurain #HappyFathersDay