Friday, October 19, 2012

Friday October 19 Cattle on Feed + Ag News

NEBRASKA CATTLE ON FEED UP 5 PERCENT

Nebraska feedlots, with capacities of 1,000 or more head, contained 2.33 million cattle on feed on October 1, according to USDA’s National Agricultural Statistics Service, Nebraska Field Office.  This inventory was up 5 percent from last year and is the highest October inventory since the data series began in 1994.    Placements in feedlots during September totaled 470,000 head, down 16 percent from 2011.    Marketings of fed cattle during September totaled 370,000 head, up 6 percent from last year.  Other disappearance during September totaled 10,000 head, equal to a year ago.



United States Cattle on Feed Down 3 Percent


Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.0 million head on October 1, 2012. The inventory was 3 percent below October 1, 2011. The inventory included 6.96 million steers and steer calves, up slightly from the previous year. This group accounted for 63 percent of the total inventory. Heifers and heifer calves accounted for 3.97 million head, down 8 percent from 2011.

Placements in feedlots during September totaled 2.00 million, 19 percent below 2011. This is the lowest cattle placements for the month of September since the series began in 1996. Net placements were 1.94 million head. During September, placements of cattle and calves weighing less than 600 pounds were 515,000, 600-699 pounds were 355,000, 700-799 pounds were 444,000, and 800 pounds and greater were 690,000.

Marketings of fed cattle during September totaled 1.60 million, 12 percent below 2011. This is the second lowest cattle marketings for the month of September since the series began in 1996.  Other disappearance totaled 64,000 during September, 14 percent below 2011.

State..............: On Feed (1,000)  %LY    %LM   - Placed (1,000)  %LY    %LM   -  Marketed (1,000)    %LY     %LM
Arizona ..........:        272              97          100     -       20               105         111       -         18             86             90     
California ........:        475              97           99     -       50               71             79       -         52            106             95     
Colorado ........:        1,000            93         108     -       225             82            118       -       150            81             77     
Idaho .............:         230             105          112    -       61               91            115      -         35             85             95     
Iowa ..............:         590              107         100    -       89                77            117      -        87             95            104     
Kansas ..........:         2,230             96         102    -      375              75             86        -       310            83             77     
Nebraska .......:         2,330            105        104    -      470              84            100       -       370           106            83     
Oklahoma ......:        335              91            103    -       57               65             85       -        45             57             75     
South Dakota .:       195              95            105    -       50               98            147      -        39            111            103     
Texas ............:          2,680            91            102    -      480             86             97       -        400            82             78     
Washington....:        213            102            102   -       46               85             98       -        40             105             83     




Your Invited to the 2012 NBIS Beef  Summit


The Nebraska Beef  Industry Scholars and the Nebraska Cattlemen cordially invite you to the 6th Annual Nebraska Beef Industry Scholars Summit at the University of  Nebraska in Lincoln. 

As in the past, experts in the feld have been recognized and carefully selected to bring you the most recent information on current landmark issues in the beef  industry. The following guest speakers are dedicated to making this year’s beef  summit a success:
-  2012 Election – What it Means for Beef  Producers
  Mr. Collin Woodall, NCBA Vice President for Government Affairs
- United States Exports – Challenges and Opportunities
  Mr. Paul Clayton, USMEF Vice President Export Services
- Consumer and Industry Panel
  Mr. Glyn Lacy, Owner of  Skeeter Barnes Restaurant
  Dr. Chris Ashworth, Technical Consultant Elanco Animal Health
  Mrs. Taryn Vanderford, News Anchor and Reporter 10/11
- Drought and Impact on Cow/Calf  Herd
  Dr. Nevil Speer, Western Kentucky University Professor of  Animal Science

The summit will be presented Tuesday, November 20th in the East Campus Animal Science Complex at the University of  Nebraska - Lincoln.  Registration begins at 8:30 a.m. and is scheduled to conclude around 4:00 p.m. Skeeter Barnes will be catering lunch on site to all registered guests.

Space is limited. To secure your seat, please register by contacting the Nebraska Cattlemen offce by November 13th. Registration costs are $50 and cover registration, parking, lunch and all other necessary expenses for the event. Guests are encouraged to register early, however late registration is also accepted at the door for $65. Parking permits are needed for lots on campus, and they will be provided at the event. Additional information concerning the event will be provided after your registration is received. We look forward to seeing you on November 20th!



Soybean Association Selects 2013 Young Leader


Shane and Nicole Greving of Chapman, NE have been selected as the Nebraska Soybean Association’s (NSA) 2013 Young Leader.  The Greving’s were chosen from a group of applicants by the NSA Young Leader committee.

The Young Leader Program is sponsored by the American Soybean Association and Pioneer Hi-Bred a DuPont business.  It is designed to recognize and strengthen leadership in the agricultural community as well as cultivate producer leaders who are shaping the U.S. soybean industry.

The Grevings are involved in the family farming operation in Merrick county where they raise irrigated soybeans, seed corn , commercial corn,  winter wheat and operate a custom seed corn harvester. Shane holds a degree in Agronomy from Northeast Community College. The Greving’s  are involved in the Merrick  county Farm Bureau and Relay for Life of Merrick County. Shane says” the top issues to address are agricultural regulation, world hunger and public awareness of the agricultural industry.  Consumers need to understand where their food comes from and it is up to us to share our story. We also need to  stay connected with our government officials so our voice can be heard on issues that affect agriculture.”  

The Greving’s will join the 2013 class of Young Leaders, which is made up of selected leaders from each soybean producing state,  to participate in a challenging and educational leadership experience November 27 – 30, 2012 at Pioneer headquarters in Johnston IA,. They will complete the second part of  training February 26-March 2, 2013 in Kissimmee, FL in conjunction with the annual Commodity Classic.  This seminar offers the opportunity for participants to enhance their leadership skills, as well as meet and learn from other Young Leaders from around the United States.

Young Leader committee chairman, Jason Lavene of Bertrand says “this program has been instrumental in helping to identify and develop some of the top soybean industry leaders in the state.  Several past winners have gone on to serve in leadership positions with our state and national organizations.”



USDA Rural Development Awards Funding to 17 Nebraska Recipients to Assist With Energy Needs


Seventeen Nebraska recipients have been selected to receive $224,591 in grants.  Funds will be used to install renewable energy systems and make energy efficiency improvements that will promote energy conservation.

“These energy dollars will help make needed energy conservation improvements and install new renewable energy systems,” said Nebraska State Director Maxine Moul, USDA Rural Development.  “Through these projects, energy consumption will be reduced, thereby making more dollars available to be kept within rural Nebraska there by assisting the state’s rural economy.”

The funding was made available through the Rural Energy for America Program (REAP).  This program provides opportunities for farmers and rural small business owners to install renewable energy systems and make energy efficiency improvements, as well explore the feasibility of implementing renewable energy projects.  Additional information on the Rural Energy for America Program may be found at www.rurdev.usda.gov/ne/Energy_energy_home.htm.

Detailed below by county are the energy projects selected from the National Office reserve allocation of funding. Funding is contingent upon the recipient meeting the conditions of the grant agreements.

Antelope:
Filkins, Lerwyn–Creighton- $3,997 grant-Diesel irrigation engine conversion.
Hoke, Clayton-Ewing-$11,048 grant-Diesel irrigation engine conversion with well re-bowl.
Kester Bros, Inc.-Clearwater-$6,595 grant-Diesel engine conversion with variable frequency drive.
Knuth, Claus-Royal-$4,118 grant-Diesel irrigation engine conversion.

Dakota:
Jackson Express, Inc.-Jackson-$89,747 grant-Installation of four flexible fuel pumps and tanks.

Harlan:
Dunse, Brent-Alma-$2,626 grant-Diesel irrigation to electric motor conversion and associated underground wiring.

Keith:
McBride, Jeffrey-Ogallala-$4,423 grant-Diesel irrigation engine to electric motor conversion.
McBride, Joe-Brule-$4,652 grant-Diesel irrigation engine to electric motor conversion.

Lincoln:
Friesen Farms, Inc-Wallace-$9,350 grant-Two diesel irrigation engines to electric motor conversions.
Sheets, Clint-Wallace-$12,400 grant-Two diesel irrigation engines to electric motor conversions.

Logan:
Halstead Land & Cattle, Inc.-Arnold-$13,464 grant-Installation of a small wind turbine.

Madison:
Unkel, Orand-Madison-$4,625 grant-Diesel irrigation engine conversion.

Merrick:
Retzlaff, Douglas-Palmer-$4,250 grant-Diesel irrigation engine conversion.

Perkins:
Lee, Russell-Madrid-$6,877 grant-Diesel irrigation engine to electric motor conversion.

Polk:
MCGFF, LLC-Osceola-$19,750 grant-Installation of a small wind turbine.

Saunders:
Benes Service, Inc.–Valparaiso-$19,750 grant-Installation of a small wind turbine.

Sherman:
Schultz, Marion-Litchfield-$6,919 grant-Towline to pivot irrigation system and associated underground pipe.

For additional information on the USDA Rural Development Rural Energy for America Program, contact Deb Yocum, debra.yocum@ne.usda.gov; (402) 437-5554.  Visit www.rurdev.usda.gov/ne/.



Iowa Farm Bureau Webinar Addresses Tax Planning


Farmers can learn more about tax planning, farm tax changes, bonus depreciation and more during the Iowa Farm Bureau Federation's (IFBF) 2012 Iowa Farm Income Tax webinar held Nov. 9 from 1-3 p.m. The webinar is free to the public.

The seminar features Roger McEowen, director of the Center for Agricultural Law and Taxation at Iowa State University (ISU), and Charles Brown, president of AgriFinancial Services, LLC. During the webinar, participants will have the opportunity to ask questions.

Farmers can access the webinar via their home/farm computers or at local sites where people can gather to participate. Those sites include: Polk County ISU Extension office, Altoona; Carroll County ISU Extension office, Carroll; Howard County Farm Bureau, Cresco; Dubuque County ISU Extension Office, Dubuque; Adair County ISU Extension Office, Greenfield; Hardin County ISU Extension Office, Iowa Falls; O'Brien County Farm Bureau, Primghar; Keokuk County ISU Extension Office, Sigourney; and Bremer County ISU Extension Office, Tripoli. More information and instructions on how to connect to the webinar can be found at www.iowafarmbureau.com.

If you have questions on the webinar, contact Ed Kordick at ekordick@ifbf.org or 515-225-5433. The webinar will be recorded and available at the IFBF website, www.iowafarmbureau.com, for members only to view the information on their farm/home computer.



NFU and Hastings Mutual Announce Partnership


NFU and Hastings Mutual Insurance Company (HMIC) announced their marketing partnership last week. HMIC is an award-winning, regional Property/Casualty insurance carrier serving the Midwest since 1885.

Through this new partnership, Hastings Mutual will serve as an endorsed insurance carrier of Farmers Union and will offer a premium discount on its farmowners insurance policies to Farmers Union members in the states of Illinois, Indiana, Iowa, Michigan and Wisconsin.

"Hastings Mutual is an outstanding insurance company that can offer top farm insurance products to our members, in addition to other great coverages including home, auto, and commercial insurance," said NFU President Roger Johnson. "We look forward to the added resources and benefits available to our members through this strong marketing partnership."

In addition to offering insurance expertise and a farm policy discount, the partnership between Hastings Mutual and Farmers Union will support rural communities through farm safety training courses and materials, membership networking and educational events, community co-ops, and additional farm industry resources for mutual members of the partner organizations.

"We are thrilled to partner with National Farmers Union and the individual state organizations in our territory to offer increased benefits for our mutual members," said Dan Hill, vice president of Marketing at Hastings Mutual.

"This partnership will also create a unique marketing opportunity for our independent insurance agents to service new farm insurance accounts."

The partnership will also seek to increase growth for Farmers Union's association membership in the Midwest as well as continue to expand Hastings Mutual Insurance Company's presence in the region's farm insurance market.



September Milk Production down 0.5 Percent

                       
Milk production in the 23 major States during September totaled 14.7 billion pounds, down 0.5 percent from September 2011. August revised production at 15.3 billion pounds, was down slightly from August 2011. The August revision represented an increase of 26 million pounds or 0.2 percent from last month's preliminary production estimate.  Production per cow in the 23 major States averaged 1,732 pounds for September, 10 pounds below September 2011.  The number of milk cows on farms in the 23 major States was 8.47 million head, 5,000 head more than September 2011, but 25,000 head less than August 2012.

July - September Milk Production up 0.1 Percent

Milk production in the United States during the July - September quarter totaled 48.7 billion pounds, up 0.1 percent from the July - September quarter last year. The average number of milk cows in the United States during the quarter was 9.22 million head, 15,000 head more than the same period last year.

Q3 Milk Production

Nebraska ...:       56,000 cows, 291,000,000 pounds, +1%  
Iowa ..........:       202,000 cows, 1,058,000,000 pounds,  +1.2%



Informa: 97.5 MA Corn, 80 MA Soy in '13


U.S. farmers are likely to plant 80 million acres of soybeans and 97.5 million acres of corn next year, closely watched crop forecaster Informa Economics Inc. said Friday, according to traders.  Informa said the corn figure was about the same as its previous projection, while the projected soybean acreage rose 115,000 acres from its last forecast, according to traders.  Informa also forecast U.S. planted acreage of all wheat for 2013 at 56.8 million acres, down 315,000 acres from its last estimate, traders said.

Informa said the forecasts, combined with assumed normal conditions for crops, imply record production of corn and soybeans next year, at 14.6 billion bushels and 3.5 billion bushels respectively, traders said.

U.S. farmers this year planted 96.9 million acres of corn, 77.2 million acres of soybeans and 55.7 million acres of wheat, according to the U.S. Department of Agriculture.



Brazil Corn Output to Hit New High


Brazil's corn production is expected to rise slightly to a record 74 million metric tons in 2012-2013, according to the U.S. Department of Agriculture's Brasilia attache, even as farmers shift to grow more soybeans because of high prices, transport logistics and better liquidity.

The USDA attache forecasts corn production will rise 1.7% on the year in 2012-2013, predicated on availability of improved seed varieties, an increase in the planted area and average rainfall, after drought afflicted 2011-12's first crop in some regions.

The attache expects the planted area to increase slightly to 15.3 million hectares, from 15 million hectares in 2011-12. That marks a downward revision from the USDA's official forecast of 16 million hectares as farmers shift to soybean production.

Corn exports are forecast at 17 million tons in 2012-13, the USDA attache said, as Brazil gains new customers, but levels will be tempered by logistics issues such as port congestion and increased transportation costs. A new law limits the number of hours truckers can work and increases mandated breaks.

The USDA attache said Brazilian trucks also experience more wear and difficulty hauling corn, as opposed to soybeans, given its different characteristics such as weight and uniformity. It added that many producers in logistically-challenged locations like Mato Grosso may evaluate second crop corn production with more scrutiny as logistical and transportation costs "eat away their bottom line."



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