Ag News, February 12, 2013

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Cash Will be King

From LandOwner Newsletter: Cash will be king is the key advice for farmers and landowners from Dr. David Kohl, professor emeritus, ag economics, Virginia Tech University, Blacksburg, Virginia. Speaking at the recent Iowa Land Expo, Kohl said the new world of global economics means “there is more opportunity in the next seven years than there has been in the last 30. But, there is more opportunity to fail, too.” Key to his view is the likelihood the economy will see greater “volatility in the extremes” over the next few years. Login to Member Resources to download the latest issue:

Understanding the historical probability of drought American Society of Agronomy

Droughts can severely limit crop growth, causing yearly losses of around $8 billion in the United States. But it may be possible to minimize those losses if farmers can synchronize the growth of crops with periods of time when drought is less likely to occur.

Researchers from Oklahoma State University are working to create a reliable “calendar” of seasonal drought patterns that could help farmers optimize crop production by avoiding days prone to drought. Read more on the Western Farm Press website:

Nine factors that could impact commodity markets this decade Elton Robinson – Southeast Farm Press Daily

The ability of U.S. producers to feed a burgeoning global population depends on nine crucial factors, according to Jim Wiesemeyer, senior vice-president, Informa Economics, speaking at the National Alliance of Independent Crop Consultants, in Jacksonville, Fla.

Global growth and the rise of the middle class in developing countries.

The shining example — China. Over the last 10 years, real income in China is up 175 percent and dairy consumption is up 212 percent. Read the entire article on the Souhteast Farm Press Daily website:

Ag-Related Regs From The Kiplinger Agriculture Letter

Topping the list of ag-related regs this year…ones that’ll most affect farm and food operations: Two big food safety rules, both offshoots of the Food Safety Modernization Act of ’11.

One will set new standards for farms… on worker hygiene, clean irrigation water, etc., aimed at minimizing contamination of fresh produce. The other covers all food-handling facilities, requiring operators, including some farms, to write and execute safety plans for processing, shipping and storage. Foreign suppliers will be covered, too. Copyright 2013. The Washington Kiplinger Editors, Inc. Login to Member Resources to read more.

Super Bowl’s Best Commercial (From the Ag perspective)

The “Farmer” commercial at the 2013 Super Bowl was undeniably one that stood out. (Other than the blackout!) This great video narrated by none other than Paul Harvey shows what it really takes to be a farmer putting food on the table of millions. Listen to the video:

California grape crush a record 4.3 million tons in 2012

California’s 2012 crush totaled a record high 4,383,100 tons, up 13 percent from the 2011 crush of 3,874,158 tons, and 1 percent larger than the previous record high 2005 crush. Red wine varieties accounted for the largest share of all grapes crushed, at 2,289,783 tons, up 19 percent from 2011. The 2012 white wine variety crush totaled 1,724,121 tons, up 21 percent from 2011. Tons crushed of raisin type varieties totaled 270,085, down 28 percent from 2011, and tons crushed of table type varieties totaled 99,111, down 36 percent from 2011.
Read more:

Vermeer Retires, New Vice President of Real Estate Operations Announced

OMAHA, Neb. – Farmers National Company has announced that Lee Vermeer, vice president of real estate operations, has retired after leading the company’s real estate and appraisal business lines for the past 11 years.

Vermeer first joined Farmers National Company in 1982 as a farm manager and real estate agent in Sioux City, Iowa. He was quickly promoted to regional vice president, based in Columbus, Ohio, then moved up to the position of area vice president/area sales manager for Ohio, Indiana, and Illinois. Download the Press Release to read more.

In Memory – Jake Atkinson, PhD

Julian Hutchinson Atkinson, Ph.D. – Jake – originally joined the ASFMRA in 1985. He previously served on the Editorial Committee.
Read the obituary on the Purdue website:  UPLOAD Photo
Read the entire obituary:

Illinois Land Values Conference

March 13-14, 2013
Parke Hotel & Conference Center
Bloomington, IL

Download the Conference Agenda..