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Logan
Hawkes
01/18/06
Crop News Weekly
Time is running out to register for the Corn &
Soybean Digest/Farm Industry News Conservation Tillage Conference & Expo
to be staged Feb. 1-2 in Sioux Falls. This is your best chance to get
the details on the complex Conservation Security Program (CSP). Get the
details on how to register in this issue and save yourself a seat.
In the top of the news this week, the recent USDA Crop Supply and Demand
Report gives another indication of just how big the U.S. corn and
soybean crop was in 2005, and how large the carry-over grain stocks are
as we head into 2006. What are the implications for the new year?
Elsewhere in the news, with rising interest rates on long-term money,
many producers are looking for an opportunity to lock in interest rates.
Dave Kohl points the way in his column this week. Also in the news, did
someone say last year was a warm year? In fact, the last nine years are
some of the worst in recent history. Whether it's a break in the weather
or a new way of farming, is it time for a change? Elsewhere this week,
the Sunbelt Agricultural Exposition, "North America's Premier Farm Show"
has announced that starting in 2006, the "Official Show Guide" will be
published by Farm Press. And finally, American Farm Bureau Federation
delegates are asking Congress to extend the provisions of the 2002 farm
bill until a new World Trade Organization agreement is reached that
"increases foreign market access for U.S. farmers and ranchers."
You'll find these stories and more in this issue of Crop News
Weekly. Happy reading.
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Crop
Report Summary
01/17/06
The latest USDA Crop Supply and Demand Report,
released Jan. 12, gives another indication of just how big the U.S. corn
and soybean crop was in 2005, and how large the carry-over grain stocks
are as we head into 2006. According to the USDA Report, there was an
estimated 75.1 million acres of corn harvested in 2005 with a total
production of 11.1 billion bushels of corn. Total U.S. soybean
production in 2005 was estimated to be the second largest on record,
only slightly behind the U.S. soybean production totals in 2004. MORE.
- Kent Thiesse, The Corn & Soybean Digest
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Conservation & Tillage
Conference
01/18/06
The Corn & Soybean Digest
The Conservation Security Program (CSP) offers farmers
financial rewards for implementing conservation measures. Unfortunately,
nothing from the government is ever simple and easy to understand. This
is true of the CSP.
The Conservation Tillage Conference & Expo promises to help you find
your way through the CSP program and its paperwork maze. You will learn
from people who have gone through the qualification process about what's
needed at application time and the potential rewards available if your
application is accepted.
The Conservation Tillage Conference & Expo is being held February 1-2,
2006 at t he Ramkota Hotel & Conference Center in Sioux Falls, SD. It is
being presented by Corn & Soybean Digest and Farm Industry News
magazines. Experts from Iowa State University, the Universities of
Minnesota and Nebraska and South Dakota State University organized the
program. To register to attend, you can go to http://www.tillageconference.com,
or call 1-800-722-5334. If you call, ask for the "Conservation Tillage
Conference & Expo."
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Cruiser Extreme Pak allows corn to get off to a fast, vigorous start,
resulting in enhanced yield potential.
Visit http://www.cruisercorn.com to
learn more.
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News from the Top of the
Hill
01/13/06
National Hog Farmer
Korea to Reopen Market to US Beef - Korea and
the United States announced an agreement on an initial import protocol
that will reopen Korea's market for U.S. beef. The initial agreement
will allow U.S. boneless beef from cattle less than 30 months of age. A
key issue during the discussions was trying to get approval for bone-in
products. USTR Ambassador Rob Portman said, "Although we appreciate this
step toward normalized beef trade with Korea, we are extremely
disappointed that Korea did not fully open its market to all U.S. beef
products. We will continue to urge Korea in the strongest terms to open
its market without delay to U.S. bone-in beef, variety meats, and offal.
Together these products historically accounted for approximately 50
percent of U.S. beef exports to Korea." In 2003, the U.S. exported $610
million of beef and beef products to Korea.
Peru FTA - President Bush notified Congress last Friday that he
plans to sign the bilateral trade agreement with Peru. The signing will
take place in April with Congress considering the trade agreement later
this year. According to USTR key components of the agreement for
agriculture include:
Two-thirds of current U.S. agricultural exports will become
duty-free immediately. These exports will include high quality beef,
cotton, wheat, soybeans, soybean meal and crude soybean oil; key fruits
and vegetables including apples, pears, peaches, and cherries; almonds;
and many processed food products including frozen French fries, cookies,
and snack foods.
Tariffs on most remaining U.S. agricultural products will be phased
out within 15 years. All tariffs will be eliminated in 18 years.
Products that will benefit from improve market access will include pork,
beef, corn, poultry, rice, fruits and vegetables, processed products and
dairy products.
Peru and the U.S. have worked to resolve sanitary and phytosanitary
issues, especially food inspection procedures for beef, pork, and
poultry.
Currently the United States exports are over $2 billion per year to
Peru.
Biotech Acres Increase - Acres planted to genetically modified
crops worldwide increased by 11 percent last year to 222 million acres.
The top five countries are United States (123 million acres), Argentina
(42 million acres), Brazil (23 million acres), Canada (14 million
acres), and China (8 million acres). The information comes from a report
by the International Service for the Acquisition of Agri-biotech
Applications that discusses trends and issues regarding biotech crops
worldwide.
House Leadership Changes - The House Republican leadership
announced that the House Republican Conference will hold elections later
this month for House Majority Leader. This is the result of Congressman
Tom DeLay (R-TX) announcing he would not seek to regain his position as
Majority Leader. The race at this time is between House Majority Whip
Roy Blunt (R-MO) and Congressman John Boehner (R-OH). The fallout from
the Jack Abramoff scandal continues as Speaker Dennis Hastert (R-IL)
announced that the House will consider major lobbying reforms when the
House of Representatives returns the end of January. The Senate is
expected to consider reforms later this spring. - Scott
Shearer
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The Road
Warrior of Agriculture
Dave Kohl
01/11/06
Road Warrior Dave Kohl writes: "With rising
interest rates on long-term money, many producers are looking for an
opportunity to lock in interest rates. I had the pleasure of moderating
a panel of agricultural bankers and Farmer Mac staff at the North
American Ag Lending Conference recently. Farmer Mac is the secondary
finance market for agricultural mortgage loans. The American Bankers
Association and Farmer Mac unveiled a new product at the conference. It
is available to all ABA members and Farmer Mac participants." - The
Corn & Soybean Digest
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Scrooge
lives: Lumps of coal from Congress
01/13/06
Random musings as we sprint eagerly into 2006: While
we're turning the thermostat low and bundling up to conserve energy, we
can mentally toast ourselves with the knowledge that 2005 was the
warmest year on record in the northern hemisphere. The average global
temperature was the second highest ever recorded -- a measly one-tenth
of a degree behind the record set in 1998. Further, the World
Meteorological Organization and the National Climatic Data Center say
the years 1997-2005 were the nine warmest since records started being
kept in 1861. - Hembree Brandon, Farm Press Editorial Staff
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Study
shows ag ammonia emissions less than thought
01/12/05
Ammonia emissions from fertilizer applications in
California's Central Valley can be measured and are less than estimated
by air quality regulators, according to a researcher at California State
University, Fresno. Charles Krauter, coordinator of air quality programs
at the Center for Irrigation Technology, says his observations show
ammonia emissions from farming to be about 2.5 percent of the total, not
the 5 to 10 percent previously estimated by the State Air Resources
Board. - Dan Bryant, Farm Press Editorial Staff
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Farm
Press to publish Sunbelt Expo official show guide
01/11/06
The Sunbelt Agricultural Exposition, "North America's
Premier Farm Show" has announced that starting in 2006, the "Official
Show Guide" will be published by Farm Press. "We've had a great working
relationship with Farm Press for many years, and we're looking forward
to the opportunity to expand on that relationship. They do a great job
of providing folks in the agriculture industry with timely, educational
information on American agriculture," says Chip Blalock, executive
director of Sunbelt. - Paul Hollis, Farm Press Editorial Staff
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Farm Bureau
delegates support extension of farm bill
01/11/06
American Farm Bureau Federation delegates are asking
Congress to extend the provisions of the 2002 farm bill until a new
World Trade Organization agreement is reached that "increases foreign
market access for U.S. farmers and ranchers." Delegates attending the
AFBF's annual meeting in Nashville, Tenn., today said they do not want
to change U.S. farm programs until the current Doha Round of WTO
negotiations is completed. And they said they wanted that agreement to
provide greater market access to U.S. farm products. - Forrest Laws,
Farm Press Editorial Staff
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COLUMN:
Self-improvement tied to others' resolve
01/11/06
I sometimes devote space in the first column of the
year to making unreasonable and unreachable resolutions that I have no
intention of sticking to even at the time I make them. In the past I've
resolved to lose weight, quit beating my wife, get some exercise and
generally become a better person. Needless to say, I have pretty much
struck out on all those lofty notions except the one about beating my
wife and, as those of you who know my wife understand, that never
happened in the first place. Proof of that is I'm still alive. - Ron
Smith, Farm Press Editorial
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Illinois
farm income down
01/11/06
Average Illinois net farm income is expected to drop
by 50 percent in 2005 compared to 2004, according to a recent University
of Illinois (U of I) Extension study. "Farm incomes are projected to be
over $47,100/farm lower in 2005 compared to actual farm incomes in
2004," said Dale Lattz, U of I Extension farm financial management
specialist, who co-authored the study with colleagues Gary Schnitkey and
Paul Ellinger. "The 2005 average income will be lower than the previous
five-year average income. "Lower corn yields, lower grain prices and
higher input costs are the primary reasons for the lower incomes." -
The Corn & Soybean Digest
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