Pro Farmer Crop Tour newsletter now available
Jan 18, 2013
Pro Farmer Extra
- From the Editors of Pro Farmer newsletter -
Jan. 18, 2013
The January issue of Pro Farmer's Crop Tour newsletter (sponsored by DuPont Pioneer) is available at the Pro Farmer website and you've got free access to the update. It includes the latest on South American crop production, but includes the latest on crops in Europe, the former Soviet Union and Australia. We also give you an update on the conflicting signals from the Pacific Ocean that have weather watchers trying to figure out if we're headed back to La Nina or forward to El Nino. You can access the Crop Tour newsletter here.
We wrapped up the Pioneer-sponsored Profit Briefing Seminars this week with meetings in Lafayette and Peoria. The amount of water on the ground in Indiana was very surprising. We knew it had been raining in the eastern Corn Belt, but rivers are running bank-full and water is standing in low areas of fields. Fields dried out as we made our was back west to Peoria and growers in central Illinois are very concerned about soil moisture levels for the 2013 growing season.
Not surprisingly, drought is the number one concern among all seminar attendees this winter. The drought is what's keeping farmers from (1) finalizing their crop mix for the year ahead and (2) from selling any of their expected 2013 corn and soybean production. The unwillingness to sell expected new-crop production is a bit concerning. Selling opportunities are "fair" right now, but we're advising Pro Farmer Members to hold off on establishing coverage on new-crop until we're confident the weather pattern is shifting to bring more precip into more of the Corn Belt.
On the farm policy front, House Ag Committee Chairman Frank Lucas (R-Ok) made it clear this week that the extension of the 2008 Farm Bill is just that... an extension of the policy. That means direct payments will be made for those that enroll for the 2013 farm program. And if you've been in the ACRE program for the past few years, you've got the opportunity to opt out of ACRE for 2013 program participation. The biggest change is the ending of the SURE program.
Follow Pro Farmer Editor Chip Flory on Twitter: @ChipFlory
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