Ag Notes

WILL - Ag Notes - April 12, 2013

2013 Cash Rents on Professionally Managed Farmland in Illinois

Gary Schnitkey & Todd Gleason

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(Duration: 6:35)

The Illinois Society of Professional Farm Managers and Rural Appraisers conducts an annual study of farmland prices and cash rents. As part of this process, the Society asks its membership what cash rents will be for the upcoming production year. Society members indicate that the 2013 cash rents for farmland with expected corn yields over 190 bushels per acre will be $396 per acre, up $17 from the 2012 rent of $379 per acre. 

University of Illinois Farm Management Specialist Gary Schnitkey studies the survey. You can read more from him on the FarmDocDaily website, or listen to his discussion with Todd Gleason using the links below.

Categories: Agriculture

WILL - Ag Notes - April 11, 2013

Congestion holds up export of record soybean crop from Brazil

BBC NEWS - Latin America and Caribbean

Screen capture of the BBC web page showing the video player and the headline.
The BBC has posted an interesting video story on the slow process of exporting soybeans from Brazil. 
 
Brazil's prospects of surpassing the United States for the first time as the world's top soybean exporter are being frustrated. Severe congestion at the country's ports in the past month has exposed chronic infrastructure problems. From the port of Santos, Julia Carneiro reports.
 
Click on the link below to watch the story.
Categories: Agriculture

WILL - Ag Notes - April 10, 2013

Darrel Good April WASDE ReAct

Todd Gleason

Darrel Good discusses the April 10, 2013 USDA WASDE report with Farm Broadcaster Todd Gleason

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WILL - Ag Notes - April 09, 2013

Hog Profits May Return with Lower Feed Prices

Debra Larson

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(Duration: 7:19)

URBANA - The prospects for a rally in hog production profitability this spring dimmed in February and March with the reality that pork exports were headed down.  According to Purdue University Extension economist Chris Hurt, the prospects for a return to profitability have brightened once again, but due to an entirely different reason: much lower feed prices.

“The favorable surprise for the animal industries came in the USDA Grain Stocks report at the end of March,” Hurt said. “Inventories of both corn and soybeans were much larger than anticipated, seemingly indicating that greater supplies of both corn and soybean meal would be available for the rest of this marketing year. A dramatic downward movement in feed prices had not been expected until mid to late summer.”

According to Hurt, these lower feed prices have sharply reduced anticipated feed costs for this spring and summer. Corn prices have dropped about $1.00 per bushel and soybean meal prices about $30 per ton. Estimated costs for farrow-to-finish production were near $70 per live hundredweight in the first quarter of this year. “Now my cost estimates have fallen 

Categories: Agriculture



WILL - Ag Notes - March 16, 2013

Costa Rica Study Abroad with Parkland College

Todd E. Gleason

This is the worst soil I have ever seen, at least at this pineapple field. They tilled them with track hoes. Really I am not kidding. Here's some more videos of what we've been up to this week.

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WILL - Ag Notes - March 07, 2013

Watch the 2013 All Day Ag Outlook

Dave Dickey and Todd Gleason

Here you'll find video from the March 5, 2013 All Day Ag Outlook.

Please hit the "VIDEO" link below to watch the panel discussions.

Also, on the WILLAg home page you'll see a blue box that says "More WILLAg Notes" (just below this entry on the homepage / but not other pages). Use it to see previous posts - things that were here before, but have now moved further back into the website. Again click "VIDEO" to watch the All Day Ag Outlook and use the "More WILLAg Notes" link to see previous posts.

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WILL - Ag Notes - March 05, 2013

Up Coming WILLAg Panels

March 7, 2013 @ 6:00 p.m. (dinner)

Hamilton’s
110 N. East Street
Jacksonville, Illinois

Gary Schnitkey, University of Illinois
Matt Bennett, TGM
Jacquie Voeks, Stewart Peterson
Mike Zuzolo, Global Commodity Analytics & Consulting

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March 11, 2013 @ 7:00 p.m.

Champaign County Farm Bureau, Champaign, Illinois

Jacquie Voeks, Stewart Peterson Group, Champaign, Illinois
Bill Mayer, Strategic Farm Marketing, Champaign, Illinois
Curt Kimmel, Bates Commodities, Normal, Illinois

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March 13, 2013 @ 6:00 p.m.

Celebrations, LaSalle, IL

Jacquie Voeks, Stewart Peterson Group, Champaign, Illinois
Mike Zuzolo, Global Commodity Analytics, Lafayette, Indiana
Curt Kimmel, Bates Commodities, Normal, IL

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