Ag Notes

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.

Categories: Agriculture
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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.

Categories: Agriculture
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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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WILL - Ag Notes - February 28, 2013

Illinois County Yields & GRIP-HR Payments

Gary Schnitkey & Todd Gleason

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(Duration: 5:35)

Shows the potential 2012 GRIP-HR Crop Insurance Payments to be made at 90% Coverage / 100% Protection levels.

The National Agricultural Statistical Service (NASS) recently released county yields for corn and soybeans for 2012. These yields confirm drought significantly lowered 2012 production, with extremely low corn yields in southern Illinois.

GRIP-HR payments can be estimated now that yields have been released. The graphic shows potential 2012 GRIP-HR Crop Insurance Payments to be made at  the 90% Coverage / 100% Protection levels.

Most Illinois counties will be elgible for GRIP-HR payments on corn. Fewer counties will have GRIP-HR payments for soybeans. Todd Gleason spoke with University of Illinois Farm Management Specialist Gary Schnitkey. You may listen to the interview, or read detailed information using the links below.

Categories: Agriculture


WILL - Ag Notes - February 23, 2013

U.S. Supreme Court Hears Oral Argument

Bryan Endres & Todd Gleason

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(Duration: 10:01)

The U.S. Supreme Court building

Ag Biotech Patent Case

Tuesday February 19, 2013 , the U.S. Supreme Court heard oral arguments in what could be a landmark intellectual property law case involving patented seeds—Bowman v. Monsanto. It may be several months until the Supreme Court issues its decision. Groups filing briefs in advance of oral argument in support of Bowman included: the Center for Food Safety, National Farmers Union, American Antitrust Institute, and the Public Patent Foundation, among others.  Groups filing briefs in support of Monsanto included: among others, the American Soybean Association, Illinois Soybean Association, the Software Alliance, and Pioneer Hi-Bred Int’l, Inc. University of Illinois Agricultural Law Specialist Bryan Endres discussed the case with Todd Gleason.

Categories: Agriculture, Law, Technology

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