2023 NEBRASKA ACREAGE
Nebraska producers planted 9.50 million acres of corn for all purposes, according to the USDA's National Agricultural Statistics Service. This is down 1% from last year. Of the total acres, 94% were planted with biotechnology varieties, down 1 percentage point from 2022. Area to be harvested for grain is estimated at 9.16 million acres, up 4% from a year ago.
Soybean planted acreage is estimated at 5.50 million acres, down 4% from last year. Of these, 93% were planted with genetically modified, herbicide resistant seed, down 3 percentage point from 2022. Producers expect to harvest 5.45 million acres, down 4% from a year ago.
Winter wheat planted in the fall of 2022 is estimated at 1.15 million acres, up 17% from last year. Harvested area is expected to total 850,000 acres, up 4% from a year ago.
Alfalfa acreage to be harvested for dry hay is estimated at 760,000 acres, down 4% from last year. Other hay acreage to be cut for dry hay is estimated at 1.60 million acres, up 19% from a year ago.
Sorghum planted for all purposes is estimated at 340,000 acres, up 6% from the previous year. Area to be harvested for grain is estimated at 220,000 acres, up 76% from last year.
Oats planted for all purposes is estimated at 145,000 acres, up 16% from last year. Area to be harvested for grain is estimated at 25,000 acres up 39% from last year.
Dry edible bean planted acreage is estimated at 98,000 acres, down 15% from last year. Harvested acres are estimated at 92,000 acres, down 15% from the previous year.
Proso millet planted, at 220,000 acres is up 52% from a year ago.
Sugarbeet planted acres, at 47,000 acres, are up slightly from last year. Harvested area is forecast at 46,000 acres, up 16% from a year ago.
Oil sunflower planted area is estimated at 30,000 acres, down 40% from last year. Harvested area is estimated at 28,000 acres, down 39% from a year ago. Non-oil sunflower planted area is estimated at 13,000 acres, up 86% from the previous year. Harvested area is estimated at 11,500 acres, up 109% from the previous year.
Dry edible pea planted acres are estimated at 32,000 acres, down 3% from last year. Harvested acres are estimated at 30,000 acres, up 43% from the previous year.
Potato planted acreage is estimated at 21,000 acres, up 5% from last year. Harvested acreage is forecasted at 20,800 acres, up 5% from a year ago. Percent planted by type of potato is: 46% white, 52% russet, 1% red and 1% yellow.
The estimates of planted and harvested acreages in this news release are based primarily on surveys conducted during the first two weeks of June.
2023 Iowa Acreage
Corn planted in 2023 for all purposes by Iowa producers is estimated at 13.4 million acres according to the USDA, National Agricultural Statistics Service – Acreage report. This is up 500,000 acres from 2022 and 300,000 acres above the March intentions. Harvested acres for grain is forecast at 12.9 million acres. Producers reported planting biotechnology varieties on 95 percent of their 2023 corn acres. The percent of corn acreage planted to insect resistant (Bt) varieties is estimated at 3 percent, herbicide resistant only varieties were planted on 11 percent of the acres, and stacked gene varieties were planted on 81 percent of the acres.
Soybean planted acreage is estimated at 9.70 million acres, down 400,000 acres from both the acres planted in 2022 and the March intentions. An expected 9.62 million acres of soybeans will be harvested. Producers reported using herbicide resistant varieties to plant 97 percent of their 2023 soybean acres.
Oats planted acreage is estimated at 185,000 acres, up 55,000 acres from last year but down 15,000 acres from the March intentions. Harvested acres for grain is forecast at 45,000 acres.
Total dry hay expected to be harvested for 2023 is estimated at 1.05 million acres, down 150,000 acres from last year and down 20,000 acres from the March intentions. Alfalfa harvested acreage is estimated at 730,000 acres and other hay harvested acreage is estimated at 320,000 acres.
USDA Acreage Report June 2023
Corn planted area for all purposes in 2023 is estimated at 94.1 million acres, up 6 percent or 5.52 million acres from lastyear. This represents the third highest planted acreage in the United States since 1944. Compared with last year, planted acreage is expected to be up or unchanged in 43 of the 48 estimating States. Area harvested for grain, at 86.3 million acres, is up 9 percent from last year.
Soybean planted area for 2023 is estimated at 83.5 million acres, down 5 percent from last year. Compared with last year, planted acreage is down or unchanged in 21 of the 29 estimating States.
All wheat planted area for 2023 is estimated at 49.6 million acres, up 9 percent from 2022. The 2023 winter wheat planted area, at 37.0 million acres, is up 11 percent from last year but down 1 percent from the previous estimate. Of this total, about 25.7 million acres are Hard Red Winter, 7.66 million acres are Soft Red Winter, and 3.68 million acres are White Winter. Area expected to be planted to other spring wheat for 2023 is estimated at 11.1 million acres, up 3 percent from 2022. Of this total, about 10.5 million acres are Hard Red Spring wheat. Durum planted area for 2023 is expected to total 1.48 million acres, down 9 percent from the previous year.
All cotton planted area for 2023 is estimated at 11.1 million acres, down 19 percent from last year. Upland area is estimated at 11.0 million acres, down 19 percent from 2022. American Pima area is estimated at 109,000 acres, down 40 percent from 2022.
NEBRASKA JUNE 1, 2023 GRAIN STOCKS
Nebraska corn stocks in all positions on June 1, 2023 totaled 412 million bushels, down 21% from 2022, according to the USDA's National Agricultural Statistics Service. Of the total, 230 million bushels are stored on farms, down 6% from a year ago. Off-farm stocks, at 182 million bushels, are down 34% from last year.
Soybeans stored in all positions totaled 55.3 million bushels, down 37% from last year. On-farm stocks of 18.5 million bushels are down 16% from a year ago, and off-farm stocks, at 36.8 million bushels, are down 45% from 2022.
Wheat stored in all positions totaled 8.63 million bushels, down 61% from a year ago. On-farm stocks of 480,000 bushels are down 40% from 2022, and off-farm stocks of 8.15 million bushels are down 61% from last year.
Sorghum stored in all positions totaled 1.68 million bushels, down 43% from 2022. On-farm stocks of 125,000 bushels are up 14% from a year ago but off-farm holdings of 1.55 million bushels are down 45% from last year.
On-farm oat stocks totaled 180,000 bushels, up 64% from 2022.
IOWA JUNE 1, 2023 GRAIN STOCKS
Corn stored in all positions in Iowa on June 1, 2023, totaled 786 million bushels, down 3 percent from June 1, 2022, according to the latest USDA, National Agricultural Statistics Service – Grain Stocks report. Of the total stocks, 53 percent were stored on-farm. The March-May 2023 indicated disappearance totaled 530 million bushels, 16 percent below the 632 million bushels from the same quarter the previous year.
Soybeans stored in all positions in Iowa on June 1, 2023, totaled 140 million bushels, down 33 percent from June 1, 2022. Of the total stocks, 37 percent were stored on-farm. Indicated disappearance for March-May 2023 was 162 million bushels, 5 percent below the 170 million bushels from the same quarter the previous year.
June 1 USDA Grain Stocks Report
Corn stocks in all positions on June 1, 2023 totaled 4.11 billion bushels, down 6 percent from June 1, 2022. Of the total stocks, 2.22 billion bushels are stored on farms, up 5 percent from a year earlier. Off-farm stocks, at 1.89 billion bushels, are down 15 percent from a year ago. The March - May 2023 indicated disappearance is 3.29 billion bushels, compared with 3.41 billion bushels during the same period last year.
Soybeans stored in all positions on June 1, 2023 totaled 796 million bushels, down 18 percent from June 1, 2022. On-farm stocks totaled 323 million bushels, down 3 percent from a year ago. Off-farm stocks, at 473 million bushels, are down 26 percent from a year ago. Indicated disappearance for the
March - May 2023 quarter totaled 891 million bushels, down 8 percent from the same period a year earlier.
Old crop all wheat stored in all positions on June 1, 2023 totaled 580 million bushels, down 17 percent from a year ago. On-farm stocks are estimated at 124 million bushels, up 34 percent from last year. Off-farm stocks, at 456 million bushels, are down 25 percent from a year ago. The March - May 2023 indicated disappearance is 366 million bushels, up 11 percent from the same period a year earlier.
Trees planted at Northeast Community College’s new urban ag farm
Things are falling into place at the new Urban Agriculture farm at Northeast Community College. Prior to the end of the spring semester, several students in various ag programs spent time planting over 100 trees and shrubs on the 10-acre site located on the east side of North Victory Road, across from the college’s main campus in Norfolk.
The site, designed by Agriculture-Horticulture Instructor Trentee Bush, is considered a Community Food Forest. The trees and shrubs come from a Community Forestry Assistance program grant through the Lower Elkhorn Natural Resources District. The program provides both technical assistance and cost-share assistance for tree planting projects to improve or renovate community green spaces on public lands.
“Because trees take a long time to establish, we wanted to get those started on the urban farm first,” Bush said. “And this is just a great opportunity for the students to learn how to plant trees and shrubs properly and manage organizing the inventory of each tree as we go so we have history to keep track of them.”
Horticulture and Golf Course Management students performed most of the planting, under Bush’s guidance, as well as Sarah Sellin, a former Natural Resources Conservation Service employee, who is Northeast’s Natural Resources instructor. Northeast’s Precision Ag Trainer Courtney Nelson and Adam Wachter, a Precision Ag Technology instructor, worked with students who used an auto-steer tractor with GIS (geographic information system) tracking to line up the rows and a precision ag software to label each tree with a geo tag.
“So now we have all the data on when the trees and shrubs were planted, their varieties and their exact locations so that over time we can get pictures and see how they grow,” said Jill Heemstra, director of agriculture programs at Northeast. “We've also had our precision ag trainer and students out there mapping the boundaries to make sure our rows are straight and equally spaced.”
The intent of the site is to establish it so continual changes may be made over time like someone’s backyard. That may include changing it from year to year to make it a living-learning space. Eventually, the urban farm will be an educational and interactive site to be used by more than just the college community.
“This site where the trees have been planted feature edible fruits and nuts that will be open to the public when they start producing,” Bush said. “This will allow people to come out and not only learn a little bit about each tree, but they can also use it for food security.”
Now with the trees planted, additional work will take place this summer on the urban farm. A buffalo grass demonstration area will be established that will include a cost compact analysis to demonstrate the effectiveness of using seeds or plugs when establishing a more native lawn. Additionally, approximately 10 tons of manure and wood chips will be delivered to begin composting and to create some raised beds. This fall, Northeast’s irrigation instructor will be installing an irrigation system which will allow Horticulture and Golf Course Management students to install low flow irrigation. Permeable pavers will also be installed for a parking area on the site.
Grants from the National Science Foundation and the USDA Natural Resources Conservation Service have assisted with startup costs of the Urban Agriculture degree program at Northeast. The urban ag concentration is intended for students who live in urban and suburban environments to increase their skills in food productivity and storage as well as general knowledge and care of the living world around them. There is a focus on growing in small spaces, using regenerative practices, and exploring the connections in a biodiverse world. Electives may include classes in landscape design or other areas in which the student has a special interest.
Students in the program will continue to join others in utilizing the urban farm. Heemstra said having different ag programs work on the project is critical to developing it into a sustainable project.
“It takes a whole lot of different kinds of expertise to really plan and implement this kind of project,” she said. “It just speaks to how well our faculty work together, how they respect each other's knowledge and expertise as they seek each other out and work together.”
“There will always be something new to learn on this site among our instructors as well,” Bush added.
Nebraska ag land values, cash rental rates trending up according to farm real estate report
The average value of agricultural land in Nebraska increased for the fourth consecutive year, to $3,385 per acre, according to the final 2022-2023 Nebraska Farm Real Estate Market Highlights report, published by the Center for Agricultural Profitability at the University of Nebraska-Lincoln. This represents an increase of about 14% ($475 per acre) from the previous year's value of $3,360 per acre.
The northeast, east, and southeast districts led the state, with rates of increase from about 15% to 17%. Western regions of Nebraska reported smaller increases, ranging from approximately 10% to 13%.
The report highlights various economic forces affecting land values across the state. Major contributors to the higher value of land include current crop prices, farm expansion and non-farmer investor interest in land purchases. However, some economic forces were reported to negatively impact farm real estate values, such as current interest rate levels, property tax levels, farm input expenses and future property tax policies.
“Rising interest rates were implemented to combat inflation but concerns about rising expenses saw many operations acquiring tangible assets to hedge their purchasing power,” said Jim Jansen, an agricultural economist and co-author of the report.
“Operators and investors use land purchases to hedge against inflation and grow farms or ranches,” Jansen said. “Higher interest rates may impact agricultural real estate markets without additional profitability to offset the rising financing expense.”
In terms of overall value, Nebraska's total value of agricultural land and buildings rose to approximately $191.8 billion, a significant increase of about $23.8 billion from 2022 to 2023.
The report details average values and changes in specific types of land by region. Statewide gravity- and center-pivot-irrigated cropland averaged $7,905 and $8,760 per acre, respectively, showing annual increases of 12% and 13%. The market value for hayland, the highest earner out of the eight land classes, saw an increase of 17% in the statewide average.
Higher grain and livestock prices have improved many operations' financial positions across Nebraska, even as the state grapples with drought conditions. The report indicates that rising interest rates have led to future uncertainty regarding the market value of land, with rising financing expenses on long-term debt.
In addition to land values, the report published average cash rental rates by region and land class. Overall, rental rates were steady to slightly higher across Nebraska in 2023, with dryland and irrigated cropland rates trending upward. Cow-calf and stocker monthly rental rates also trended steady to higher across the state.
According to Jansen, the productivity of rented cropland, including the type of soil, expected rainfall, and local market competitiveness, all contribute to regional cash rental rates.
“Uncertainty in drought and commodity prices creates additional risk in land leases,” he said. “Flex lease arrangements, where the base cash rental rate can flex based upon actual crop yields, prices, or a combination of the two, may allow for better risk mitigation with cash rents in 2023.”
Overall, the report documents rising agricultural land across Nebraska in 2023, but economic forces such as current interest rates, property tax levels, farm input costs and future property tax policies could potentially impact farm real estate in the future.
The Nebraska Farm Real Estate Market Highlights report is the final product of an annual survey of land professionals, including appraisers, farm and ranch managers and agricultural bankers. Land values and rental rates presented in the report are averages of survey participants’ responses by district and reflect point-in-time estimates as of Feb. 1, 2023. Actual land values and rental rates may vary depending on the quality of the parcel and local market for an area.
The full report is available on the Center for Agricultural Profitability’s website, https://cap.unl.edu/realeaste.
CAP Webinar: Land Values and Cash Rents: 2023 Nebraska Farm Real Estate Update
July 13, 2023 - 12:00 PM
Jim Jansen, Extension Agricultural Economist, UNL; and Shannon Sand, Extension Agricultural Economist, UNL.
The market value of agricultural land in Nebraska increased by 14% over the prior year, to an average of $3,835 per acre, according to the University of Nebraska-Lincoln’s 2023 Nebraska Farm Real Estate Market Survey final report. This marks the second-largest increase in the market value of agricultural land in Nebraska since 2014 and the highest non-inflation-adjusted statewide land value in the 45-year history of the survey.
This webinar will cover findings from the newly published final edition of the 2023 Nebraska Farm Real Estate Market Survey report, including average reported land values and cash rental rates for different classes and types of agricultural land across the state. It will cover the factors influencing current trends and offer the attendees the chance to have their questions answered.
Find more information and register at https://cap.unl.edu/webinars.
USDA Opens Fuel Retailer Incentive Program on July 1, 2023
This week, the U.S. Department of Agriculture (USDA) announced plans to accept $450 million in grant applications for the Higher Blends Infrastructure Incentive Program (HBIIP). The funding, which comes from designation within the Inflation Reduction Act, will have application windows that run quarterly from July 1, 2023, through Sept. 30, 2024. Approximately $90 million will be made available each quarter to fueling stations, stores and facilities who implement higher ethanol blends such as E15 and higher, and biodiesel blends greater than 5 percent, such as B20.
According to USDA, awards to successful applicants will be in the form of cost-share grants for up to 75 percent of total eligible project costs, but not to exceed $5 million, whichever is less. Full program instructions and details, including changes made to improve HBIIP, can be found at: https://www.rd.usda.gov/programs-services/energy-programs/higher-blends-infrastructure-incentive-program.
“Investing in infrastructure just makes sense for a retailer to keep their equipment up-to-date,” said Reid Wagner, executive director for the Nebraska Ethanol Board (NEB). “Grant assistance, especially in conjunction with modified tax credits from the recently passed E15 Access Standard in Nebraska (LB562), makes these investments economical. These funds are a great opportunity for all retailers to invest in higher blends of ethanol like E15 and E30 to provide a healthier fuel choice to all our Nebraska communities. We appreciate the USDA re-opening this program and helping support our mission of making ethanol more widely available.”
The purpose of the HBIIP is to significantly increase the sales and use of higher blends of ethanol and biodiesel by expanding the infrastructure for renewable fuels derived from U.S. agricultural products. The program is also intended to encourage a more comprehensive approach to market higher blends by sharing the costs related to building out biofuel-related infrastructure.
NEB compiled resources to make the application process easier, including a brief titled Infrastructure Compatibility with Higher Blends of Ethanol. Access this tool on the Nebraska Ethanol Board website at https://ethanol.nebraska.gov/resources/incentive-programs/hbiip-101/. Reach out to the NEB office with any questions at 402-471-2941.
Senate Appropriations Committee Approves Ag Funding
By a unanimous vote, the Senate Appropriations Committee recently passed the fiscal 2024 funding bill for Agriculture, Rural Development, Food and Drug Administration and Related Agencies. One of 12 appropriations bills, the nearly $26 billion measure now goes to the full Senate for approval.
The bill includes more than $3.8 billion for agricultural research programs; nearly $1.2 billion for the United States Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS), which helps protect the nation’s animal and plant resources from pests and diseases such as African swine fever (ASF); and more than $1.2 billion for USDA’s Food Safety and Inspection Service, including funds for the agency’s 8,000 meat inspectors. It also has more than $1.2 billion for USDA’s Farm Service Agency (FSA), which administers farm loan programs and almost $1 billion for conservation programs. The most significant piece of the bill, $6.3 billion, goes to the Special Supplemental Nutrition Program for Women, Infants and Children.
The Senate agriculture appropriations bill is about $1 billion more than the funding legislation approved by the House in mid-June. The full House is expected to vote on its bill in July.
The annual agriculture appropriations law funds federal programs that support farmers, including farm loans, agricultural research and foreign animal disease (FAD) prevention.
ASA, NCGA Share Concerns with EPA’s ESA Draft Guidance
The American Soybean Association and the National Corn Growers Association submitted comments June 16 to the Environmental Protection Agency on activities to improve the efficiency of Endangered Species Act considerations for new active ingredient registrations and registration review. While EPA’s draft guidance is primarily directed toward registrants and how they might best prepare for conducting ESA assessments with the agencies, there are several elements to the guidance that are concerning for growers.
The guidance advises registrants to identify in advance of submitting a pesticide application if they think mitigations will be necessary and come to EPA with ideas. In the comments, ASA and NCGA feel “mitigation first” is a flawed, precautionary mindset that is at odds with Congress’ risk-based direction under the Federal Insecticide, Fungicide, and Rodenticide Act.
While the guidance welcomes registrants to submit alternative mitigation ideas, it does not clarify how and what data might be needed to make these submissions. The organizations request EPA provide clarification so that growers have as many options to comply as possible. They also urge the agency to develop better processes for consulting with growers and other affected stakeholders prior to the publication of proposals so that drafts are closer to the mark and require less work to fix prior to finalization.
These comments come as the administration announced it is looking to reverse changes made to ESA implementation that were advanced under the Trump administration.
Three separate regulations proposed last week by the United States Fish and Wildlife Service and the National Oceanic and Atmospheric Administration’s fisheries service would make it harder to remove a species from the endangered list and restore a provision that strengthens protections for threatened species, the classification one step below endangered. The proposed rule would list species as threatened or endangered “without reference to possible economic or other impacts of such determination” and be made only based on the scientific evidence.”
EPA Aims to Update WOTUS by Sept. 1
The Biden administration has announced its plans to directly issue a final rule on the definition of “Waters of the United States” by Sept. 1, consistent with the U.S. Supreme Court’s May 25 decision in the case of Sackett v. Environmental Protection Agency.
The Supreme Court ruled last month that the “significant nexus” test—heavily used in the new WOTUS rule—shall not be used to determine which streams and wetlands fall under the scope of Clean Water Act protections. ASA’s Sackett v. EPA recap is available here.
Assistant Secretary of the Army for Civil Works Michael Connor told the House Transportation and Infrastructure Committee that EPA and the U.S. Army Corps of Engineers plan to use expedited authorities to finalize a new regulation on the issue. Connor explained that the agencies are looking at “surgically removing” the significant nexus elements from the recent rule. While farm groups are pleased with this quick move to execute the court’s opinion, this approach is still likely to raise concerns with agricultural stakeholders, who are looking at options to provide comments on the revisions.
Infrastructure Impacts: Connor also explained that until the rule is finalized, the Corps has halted approval of jurisdictional determinations (which infrastructure developers request from the Corps to understand which waterbodies are subject to Clean Water Act jurisdiction and therefore require a federal permit). This is likely to slow down the Biden administration’s rollout of the ASA-supported Bipartisan Infrastructure Law.
USDA Agricultural Prices
May Prices Received Index Down 2.8 Percent
The May Prices Received Index 2011 Base (Agricultural Production), at 127.1, decreased 2.8 percent from April and 5.6 percent from May 2022. At 120.4, the Crop Production Index was down 4.1 percent from last month and 2.4 percent from the previous year. The Livestock Production Index, at 133.7, decreased 1.5 percent from April and 8.2 percent from May last year. Producers received lower prices during May for strawberries, lettuce, market eggs, and milk but higher prices for oranges, celery, cattle, and broilers. In addition to prices, the volume change of commodities marketed also influences the indexes. In May, there was decreased marketing of soybeans, apples, calves, and hogs and increased monthly movement for cattle, hay, broilers, and corn.
May Prices Received by Farmers
Crop production: The May index, at 120.4, is 4.1 percent lower than April and 2.4 percent lower than May 2022. The grain & oilseed, fruit & tree nut, and vegetable & melon index decreases more than offset the other crop index increase.
Grain and oilseed: The May index, at 111.6, is down 2.9 percent from April and 11 percent from May 2022.
Feed grain: The May index, at 108.9, decreased 2.4 percent from last month and 9.9 percent from a year ago. The corn price, at $6.54 per bushel, is down 16 cents from last month and 72 cents from May 2022.
Food grain: At 117.8, the index for May decreased 1.1 percent from the previous month and 15 percent from a year ago. The May price for all wheat, at $8.07 per bushel, is 24 cents lower than April and $2.83 lower than May 2022. The May price for rice, at $18.90 per cwt, is 10 cents higher than April and $2.00 higher than May 2022.
Oilseed: At 114.6, the index for May decreased 3.2 percent from April and 10 percent from May 2022. The soybean price, at $14.40 per bushel, is 50 cents lower than April and $1.70 lower than May a year earlier.
Livestock production: The index for May, at 133.7, decreased 1.5 percent from the previous month and 8.2 percent from May a year earlier. Dairy and poultry & egg index decreases more than offset the higher meat animal index.
Meat animal: At 135.0, the May index increased 2.4 percent from the previous month and 12 percent from a year earlier. The May beef cattle price of $173.00 per cwt is $2.00 higher than the previous month and $32.00 higher than May 2022. At $58.80 per cwt, the May hog price is $1.80 higher than April but $17.10 lower than a year earlier.
Dairy: The index for May, at 96.0, is down 6.8 percent from the previous month and 29 percent from May a year ago. The May all milk price of $19.30 per cwt is $1.40 lower than April and $7.90 lower than May 2022.
Poultry and egg: At 168.4, the May index decreased 5.4 percent from April and 21 percent from May 2022. The May market egg price, at 74.3 cents per dozen, is 50.7 cents lower than April and $1.14 lower than May 2022. At $1.06 per pound, the May turkey price is 10.0 cents lower than the previous month but 7.4 cents higher than May 2022. The May broiler price, at 86.3 cents per pound, is 1.7 cents higher than April but 20.6 cents lower than a year ago.
May Prices Paid Index Down 0.6 Percent
The May Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 138.9, is down 0.6 percent from April 2023 but up 0.9 percent from May 2022. Lower prices in May for nitrogen, feeder pigs, complete feeds, LP gas more than offset higher prices for feeder cattle, other machinery, repairs, and supplies.
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