El Niño is the term used to describe a large-scale warming of the equatorial Pacific waters, along with an atmospheric circulation which results in sustained west-to-east low-latitude jet stream winds. The current El Niño was first identified in March of this year.
The initial results were good, but his sandy soils couldn’t sustain fertility and erosion started to take hold. Unperturbed, and armed with initial recommendations from Brazil’s state crop research institute (Embrapa), Mathias started to experiment with alternating beans and cattle.
Fed cattle prices declined more than $20 per cwt. from late August to early October, and early estimates of September losses are as high as $350 per head, according to Purdue University Ag Economics Professor Michael Langemeier. If the trend continues, October losses could soar to $550 per head.
The economy hit the skids about the time we formed the partnership, and for most years the Schedule K-1 allocations were insignificant. There really was not any profit until 2015. This year the company made a large sale, and my share of the profit is in excess of $300,000.
Forty-one years ago this summer, Gerald Ford stared into the barrel of constitutional chaos and recited the shredded remains of the presidential oath. With pardon in pocket, Tricky Dick (Nixon) tearfully waved from his helicopter and the threatening sluices of Watergate began shutting down.
base corn acre, while those in a county next door will collect nothing. In Nebraska, some checks will run $20 an acre, others closer to $80 an acre. Similar situations are cropping up in Kansas, Iowa and Illinois, in large part because of the local variation in 2014 yields, policy experts report.
Grain farmers approaching retirement face an ugly reality: a lot of grain to sell but no cropping expenses to provide a tax offset. If that carryover grain is in the $500,000-$1 million territory, spreading the sales over several years doesn’t avoid high tax rates.
Finishing steers can be made a little more economical without sacrificing performance, according to a recent University of Nebraska feeding trial that examined the effects of replacing corn in finishing beef diets with a newly developed, treated corn stover/distillers grain pelleted product.
Among the provisions in the Grain Standards Act is language that would ensure grain inspections at export facilities will continue in the event of a disruption, such as the battle over inspections last year during a labor lockout at a grain terminal in the Pacific Northwest.
But with unrelated parties, there’s the expectation that each is protecting his or her economic interests by dealing at arm’s length. When you transact with family members, however, the IRS may question the bona fides of the deal.
Cash cattle trade was quiet today with no prices to report. Corn closed
up 5 1/2 cents in the September and up 5 1/4 cents in the December. The
Dow Jones Industrial Average rose 390 points or 2.4% on the close.
Corn is rapidly moving through dent stage (R5). Excess rain early in the summer, shallow roots, shortages of nitrogen and a dry August have contributed to corn moving through grain fill more rapidly than expected. Any stress, including a shortened grain-fill period would reduce kernel weight by hindering dry matter accumulation.