Monday, August 16, 2010
Hidey-Ho from the Co-op!
It’s been a very hectic couple of weeks around here. Harvesting of wheat was priority in our area. As I write the ramble, I would estimate we are 90% done with our wheat harvest. Up to this point, it’s been the smoothest harvest I can remember.
This year’s wheat crop is very good. The yields are averaging 70-75 bph and our protein levels are a full point higher than last year.
The late season crops are looking good. The heat & humidity that we endured for the last 3 weeks may have reduced the yields on the edible beans & soybeans but anticipated yields look to still be above average. Our agronomy “experts” say that a lot of our corn will reach “Black-Layer” maturity in early September. From this point on the corn will dry down and gain test weight.
On Friday the sugarbeet industry was dealt a blow when a San Francisco judge ruled that farmers would not be allowed to plant Roundup Ready beets. After a series of rulings & appeals, it was widely thought that Roundup Ready beets would gain permanent approval. It’s not over yet, industry officials remain optimistic that UDSA will grant permanent approval. In the meantime, the sugarbeet industry has some serious concerns over seed supplies if the farmers need to plant conventional seed in 2011.
This week cooler temperatures are prevailing and one can feel a “touch” of fall in the air. Nothing is better than sleeping with the window open rather than closed tight with the air conditioner running.
The main event in the world of agriculture this past week was the USDA crop production report released Thursday morning. In corn, the USDA raised corn production estimates from 13.245 billion bushels (in the July report) up to 13.365 billion. Actual production in 2009 was 13.110 billion bushels. They raised their national average yield estimate from 163.5 up to 165.0. This compares to a national average yield in 2009 of 164.7 bushels per acre. For soybeans, the USDA is estimating the crop at 3.433 billion bushels. This is up from a 3.345 billion bushel estimate in July, and compares to a 3.359 billion bushel crop last year. They are predicting the national average yield at 44.0. This compares to a July estimate of 42.9, and an actual yield of last year of 44.0.
Not everyone agrees with the USDA estimates however. University of Illinois analyst, Darrel Good, issued an estimate for the national corn yield to come in at 158.1 bushels per acre and soybeans at 43.7 bushels per acre. He said the expected shortfall is due to excessive June precipitation and above average temperatures.
Vikings are 1-0 and #4 will be back!
The US corn harvest is moving north as corn shelling can be seen in western Tennessee and western Kentucky. Moistures in those areas are running from 17% to 25%. Some early reports from dry land areas of Texas are reporting aflatoxin.
The other big story for the week continued to be Russia and the Ukraine. Drought, heat, and fires remain in parts of Russia, continuing to decline the prospects for the 2010 crop. The Russian government announced a suspension of grain exports until at least December 31, making sure that shortages do not occur in their homeland. The next concern is that winter wheat plantings will be delayed due to the dry conditions, causing next year’s crop to be lower as well. Normally wheat planting begins in mid to late August in Russia, with 40% of the Russian grain crop being fall planted.
In Brazil, the consulting firm Agroconsult pegged the 2010-11 Soybean plantings to be a record 24 million hectares, up from 23.4 million this past year. The private analyst sees soybean planting increases coming at the expense of corn in the country’s southern areas, and from more frontier expansion in the center – western areas.
A report from Argentina predicts that rising global wheat prices (due to the Russian situation) will drive winter wheat plantings to higher levels than expected.
All the talk has been centered on Russia and their weather problems which is leading to greatly reduced wheat crop. It’s made for a very volatile market. Since August 1st wheat has gone down $.15 to $5.73, but $1.10 off its high. Corn is @ up $.09 from August 1st. Soybeans are @ $9.42, up $.12.
Last Tuesday, an EF-3 tornado went thru the Steve & Linda Walen farm west of Reynolds. While the farmstead suffered severe damage, the house was spared(thankfully). Steve, Linda or Brent were not at home. On Thursday, a group of neighbors & friends converged on the Walen farm to help clean up the mess left by the twister. By mid-afternoon the farmstead looked a lot better.
Here’s the note I received from Linda on Friday.
“What a wonderful community we live in! Thank you to everyone who came out to help us clean up after we were hit by the tornado(s). We never dreamed that it would all get done so fast. You hear about places where disaster happens and they are still working to get things done years later. Obviously, they don't have friends and neighbors like we do in Reynolds, ND. Thanks again!”
Steve, Linda and Brent Walen
I’m closing with a few quotes from Albert Einstein, enjoy..
- "I am convinced that He (God) does not play dice."
- "Sometimes one pays most for the things one gets for nothing."
- "Peace cannot be kept by force. It can only be achieved by understanding."
- “A man should look for what is, and not for what he thinks should be.”
- “The difference between stupidity and genius is that genius has its limits.”
- “Before God we are all equally wise - and equally foolish.”
- “Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.”
- “The value of a man should be seen in what he gives and not in what he is able to receive.”
If God brings you to it he'll bring you through it.............