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Farmers plant record high soybean acreage in 2016

corn, farmThe June Acreage report released Thursday found U.S. farmers planted a record high 83.7 million acres of soybeans this spring and the third most corn acres in 83 years. The Department of Agriculture’s National Agricultural Statistics Service released the report that shows U.S. growers, aided by favorable weather conditions, increased or maintained their 2015 soybean acreage in 18 out of the 31 major producing states. Growers expect to harvest 83.0 million acres of soybeans nationally this year, which, if reached, will be a new record high. Corn growers also benefited from the excellent field conditions this year, increasing their acreage from last year by seven percent to 94.1 million acres, projected to reach the third highest harvested acres since 1933. NASS also released the quarterly Grain Stocks report to provide estimates of grain in storage. According to the report, there are 4.72 billion bushels of corn stored in the United States, up six percent from last year. There are also 870 million bushels of soybeans in storage across the United States, up 39 percent from the same time last year.

Report: Kansas farmers planted more corn, soybeans

corn, farmWICHITA, Kan. (AP) — A new government report shows Kansas growers planted this spring more of their fields into corn and soybeans, and put in fewer acres of sorghum.

The National Agricultural Statistics Service said Thursday that Kansas farmers planted 4.8 million acres in corn, an increase of 16 percent compared to a year ago. About 95 percent were biotechnology varieties.

Also up in the state are soybean acres. The agency said Kansas had 4.15 million acres seeded in soybeans, an increase of 6 percent compared to last year.

Plantings this spring of sorghum are down 7 percent to 3.15 million acres.

Sunflower plantings plummeted 35 percent, down to 55,000 acres.

Kansas farmers are now harvesting the 8.5 million acres of winter wheat seeded last fall.

Monday’s closing grain bids

June 27th, 2016

St Joseph

 

Yellow Corn

3.55 – 3.65

White Corn

no bid

Soybeans

11.00 – 11.10

LifeLine Foods

3.67

 

 

Atchison

 

Yellow Corn

3.63

Soybeans

10.83

Hard Wheat

 3.57

Soft Wheat

3.86

 

 

Kansas City Truck Bids

 

Yellow Corn

 3.73 – 3.76

White Corn

 4.13 – 4.22

Soybeans

 11.18

Hard Wheat

 3.88

Soft Wheat

 4.17 – 4.22

Sorghum

 5.90

For more information, contact the 680KFEQ Farm Department.
816-233-8881.

 

Getting accustomed to summer heat on the farm

heat-834468_1280The most common problem identified in heat-related deaths and illness of workers is the lack of a heat prevention and acclimatization programs, according to federal safety investigators from the Occupational Safety and Health Administration. OSHA says agricultural and construction workers are particularly vulnerable to heat illness because working in full sunlight can increase heat index values by 15 degrees Fahrenheit. OSHA’s Acting Regional Administrator in Kansas City, Missouri, Bonita Winingham, says a review of heat-related deaths found “frequently it was their first day on the job and the workers were not acclimated to the constant exposure to the heat and sun.” To reduce heat-related illnesses, OSHA recommends drinking water every 15 minutes, even if you are not thirsty, rest in the shade to cool down and to wear a hat and light-colored clothing.

Data coalition forms farmer advisory board

photo courtesy of AgAmerica
photo courtesy of AgAmerica

Last week, the Agriculture Data Coalition formed a farmer advisory board aimed at helping guide the coalition as it develops a data management repository to house agricultural information. The ten member board features members from seven states who raise crops ranging from corn and soybeans to cotton, sorghum, wheat and potatoes. One of the coalition’s founder members, Keith Coble of Mississippi State, says the members will “provide invaluable insight into the unique needs of these different regions and their various crops.” ADC is entering a pilot phase, and many advisory board members will be among the first to work with ADC to drive short and long-term user needs, according to the Coalition. ADC’s mission is to create a neutral, independent warehouse where farmers can securely store and control the data generated by their tractors, harvesters, aerial imaging and other devices.

Bayer shareholder approval not needed for potential Monsanto acquisition

MonsantoBayer AG says the company does not need the approval of shareholders to acquire Monsanto. In a legal filing, an executive from Bayer wrote “a shareholder vote is not required by German law.” The statement comes after Bayer had spent more than a month trying to warm shareholders to the idea that buying Monsanto is good for business, according to the St Louis Business Journal. The St Louis, Missouri Based Monsanto has rejected an offer by German-owned Bayer. Bayer reportedly has secured $63 billion in financing but has not publicly stated if it’s presented another offer to acquire Monsanto. Monsanto rejected the initial offer and also rejected a request for information to justify Bayer increasing its bid. Monsanto said it would only release more details if Bayer boosted its offer, stalling the efforts.

Vermont governor concerned with U.S. Senate GMO bill

GMO logoVermont’s Governor says a national GMO labeling standard makes sense, but Peter Shumlin says he has deep concerns regarding the Senate’s bill. Vermont Public Radio reported Shumlin is concerned because the Senate compromise would delay labeling “for several years,” and allows the food manufacturer to choose how to disclose the information. Shumlin signed the Vermont mandatory labeling law in 2014. The Senate bill would supersede Vermont’s law and prohibit states from setting their own labeling requirements. It would also give the U.S. Department of Agriculture two years to finalize the national regulations. Many agriculture groups applauded the compromise announced by the Senate Agriculture Committee last week, recognizing the need for a national standard, rather than a patchwork of state laws. The legislation does not come in time to completely block the Vermont law, as the House is on recess until July 5th. It is also still unclear if the Senate has enough votes to pass the legislation. A voluntary GMO labeling bill failed on a procedural vote in the Senate earlier this year.

Brexit impact on agriculture, markets, immediate

Britain flagBritain’s exit from the European Union is projected to take years, but the impact on U.S. agriculture is immediate. Britain voted to leave the EU on Thursday, and many British farmers seemed to prefer the exit because they were upset over EU regulations. However, those same farmers will lose massive amounts of farm subsidies, according to the Hagstrom Report. British farmers have often complained about the European Common Agricultural Policy but also have opposed measures restricting subsidies. For the UK will no longer be included in the Trans-Atlantic Trade and Investment Partnership negotiations. Britain will have to negotiate trade deals of its own. The United States is currently the single largest investor in Britain. The U.S. sells near $2 billion of agriculture and food products to Britain each year.

Friday’s cash grain bids

June 24th, 2016

St Joseph

 

Yellow Corn

3.55 – 3.64

White Corn

no bid

Soybeans

10.71 – 10.86

LifeLine Foods

3.67

 

 

Atchison

 

Yellow Corn

3.62 – 3.63

Soybeans

10.48

Hard Wheat

 3.67

Soft Wheat

3.94

 

 

Kansas City Truck Bids

 

Yellow Corn

 3.72 – 3.75

White Corn

 4.03 – 4.20

Soybeans

 10.83 – 10.87

Hard Wheat

 3.98

Soft Wheat

 4.25 – 4.30

Sorghum

 5.88

For more information, contact the 680KFEQ Farm Department.
816-233-8881.

 

Monsanto, Argentina, agree to royalties collection pact

MonsantoMonsanto and Argentina have announced an agreement regarding the collection of royalties of genetically modified soybeans in Argentina. The agreement ends years of dispute between the world’s largest seed company and the third-largest grower of soybeans, according to Bloomberg News. Under the agreement, Argentina will have full control of seed commercialization to ensure private companies like Monsanto will be able to collect royalties’ payments. The agreement represents a cultural shift for Argentine farmers, who have generally avoided paying royalties to seed companies by using GMO seeds saved from previous harvests or purchased from non-registered suppliers. The agreement should help secure revenue for Monsanto from its third-largest market, after the U.S. and Brazil.

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