Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Good morning, Valley, This is Aglife. My name is Bob Quinn,
with you for the next hour talking about agricultural production
here in the valley and all across the country. Well friends.
Now available to crop insurance policyholders various enhancements and premium
supports connected to some of their coverages. Rod bain starts
us off this morning.
Speaker 2 (00:21):
Expanded coverage options and had support for beginning farmers and
ranchers increased premium supports part of announced USDA improvements in
the federal crop insurance system.
Speaker 3 (00:33):
Not only that we are actually making these changes effective
on July first of twenty twenty five, because in the
crop insurance world, that is our fiscal year, that's our
reinsurance here, and it was important for US as we
were implementing this to make sure that we did not
cross over two different crop years.
Speaker 2 (00:50):
Risk Management Agency Administrator Pat Swanson also notes for the
typing of an ACTI, the enhancements and improvements for both
producers ag crop insurance.
Speaker 3 (01:00):
When they're looking at their fall policies for maybe wheat
or some of the margin coverage option some of those products,
that we are able to get these changes announced so
that the companies can make those changes in their system
so that they can get the accurate quotes they need
to make good informed decisions on what they are looking
at for the fall.
Speaker 2 (01:19):
Breaking down the announced enhancements for beginning farmers and ranchers.
Speaker 3 (01:24):
In the past, for beginning farmers and ranchers with crop insurance,
they would be defined as the first five years of
being a farmer. We would provide them ten percent premium
support for the first five years. We are now able
to extend those benefits for ten years instead of five,
and the first four years we're going to give them
(01:45):
even a higher premium support.
Speaker 2 (01:47):
Improvements are also noted for crop insurance coverages.
Speaker 3 (01:51):
Every policies with the underlying revenue protection policy, they will
get an additional three to five percent of premium support.
And then we are also expanding the whole farm coverage
from eighty five percent to ninety percent now of coverage.
And then on one of our area plans called supplemental
coverage option that also has been increased from eighty six
(02:12):
percent coverage now up to a ninety percent coverage. The
area plans will also have an additional fifteen percent of
premium support on the premium itself.
Speaker 2 (02:22):
As well as adjustments to enterprise ad whole unit coverage.
Speaker 3 (02:26):
We have additional premium support on optional units and basic units,
which is when you keep each field separate when it
comes time to calculate the claims. And enterprise units as
well will also get an additional premium support.
Speaker 2 (02:40):
I'm broad Bane reporting for the US Department of Agriculture
in Washington, d C.
Speaker 1 (02:47):
Friends, Coming up, farm income is projected to increase this year.
Will have a report also concerns over China and their
lack of soybean purchase. That story and more farm use
is coming up on today's edition of Aglife. Bob Quinn,
here were some farm use this morning, friends.
Speaker 4 (03:06):
Well.
Speaker 1 (03:06):
New data from the Department of Agriculture predicts farm income
to increase in twenty twenty five. Mike Davis has a
closer look.
Speaker 5 (03:16):
The latest net farm income forecast from USDA's Economic Research
Service predicts farm income to increase in twenty twenty five. However,
Barrett Nelson, an economist for the American Farm Bureau Federation,
says it's important to look at the data beyond just
the top line numbers.
Speaker 6 (03:34):
Net farm income.
Speaker 7 (03:35):
Is forecast at one hundred and seventy nine point eight
billion dollars for this year. This is an increase fifty
two billion, or about forty one percent, from last year.
Most of this increase comes from government payments, which are
forecasts to be forty and a half billion dollars of
that total of one hundred and seventy nine billion. This
is an increase of about three hundred percent from where
(03:56):
it was last year.
Speaker 5 (03:58):
Nelson says the report paint so picture of two very
different farm economies.
Speaker 7 (04:03):
Cash receipts from crop sales are forecast to fall by
two and a half percent to two hundred and thirty
six point six billion, in addition to USDA adjusting February's
earlier estimate for crop receipts down by seventeen billion, so
if this were realized, this would be the lowest since
two thousand and seven. On the other side of this,
(04:24):
receipts for animals and animal products are forecast to increase
by eleven percent to just shy at three hundred billion dollars.
Most of this is from higher prices for cattle and eggs.
This would be record high for this category.
Speaker 5 (04:37):
One of the highlights of the report, to Nelson was
farm debt and the interest paid on that debt.
Speaker 7 (04:43):
Total farm sector debt is forecast to increase by twenty
eight point three billion to five hundred and ninety one
point eight billion dollars in twenty twenty five. This is
an increase of almost twenty percent since twenty twenty two,
in the FED started raising their interest rates to combat inflation.
Paid to service that debt is forecast to rise by
one point six billion dollars this year. Now, this lays
(05:06):
out just how fragile the farm financial situation really is.
Speaker 5 (05:10):
Right now, Mike Davis, Washington, Well friends.
Speaker 1 (05:13):
The soybean market is feeling the pressure as a new
marketing year began on September first. ARLN. Suderman, chief come
out of these economists for stone X, says the market
has noticed the new year began with no sales to
China on the books.
Speaker 8 (05:30):
Their lead negotiator was in the United States to negotiate
last week and went home without anything substantial to show for.
At both sides, US and Chinese negotiators release statements that
were very vanilla in nature. Both their statements said things
aren't complicated, that's not worring. That gives us a lot
(05:51):
of hope or encouragement.
Speaker 1 (05:53):
While US soy growers are urgently waiting for a resolution
to reopen their biggest market. China isn't sitting still.
Speaker 8 (06:01):
And meanwhile, what do we see. We see President Jing,
King of China, meeting with President Putin of Russia, meeting
with Prime Minister Motive of India, meeting with Brazil saying
that they're going to gather together to fight against Trump
and his tariffs. We see a court that rules, an
appeals court that rules against the Trump tariffs. That increases
(06:25):
the uncertainty, that emboldens those countries that are trying to
fight against us, and may unwind some of the trade
deals we have that we're good for agriculture.
Speaker 1 (06:34):
If the tariff case goes to the Supreme Court, Suderman
said that it doesn't necessarily mean tariffs will be gone.
Speaker 8 (06:41):
There are still a couple of other avenues that the
Trump administration can try for keeping the tariffs in place.
But it does put them on a little bit shake
your footing, And that's exactly what some of these countries
are holding out for in hoping is that the Trump
administration loses on this and that they won't have to
give up anything. The whole purpose of this was to
(07:02):
get these countries to lower their teriffs in the non
TERRAF restrictions, and so all of that may be out
the window.
Speaker 1 (07:09):
Arlen Suderman with stone Cks with US. The Renewable Fuels
Association applauded the California sentence passing of a bill that
would allow the sale of E fifteen, saying the state
is much closer to cleaner fuel use. The association said
the bill moves onto the governor's desk now for approval.
Last year, Governor Newsom said ethanol blends have massive potential
(07:33):
and will lower gas prices while keeping the air clean.
Researchers at the University of California, Berkeley and the US
Naval Academy said in a report that California consumers may
see up to two point seven billion dollars in savings
every year by having E fifteen available. Farm news this morning,
you're listening to ag Life.
Speaker 9 (07:55):
It's another agnews update Foreign ownership of domestic farmland. More
after this.
Speaker 10 (08:05):
This is Shaquille O'Neill reminding you that anytime is a
good time for the cooling, drying freshmen of gold bond
pot of spread like after the gym.
Speaker 2 (08:13):
Grab elevator right golf, working with farm animals.
Speaker 10 (08:18):
Or a hard day's work. Stay cool with gold Bond.
Pott of spreads, Stay with gold Bond. Uh huh.
Speaker 9 (08:25):
Arkansas Governors Sarah Huckabee Sanders on prohibiting foreign ownership of
farm land.
Speaker 11 (08:32):
The last couple of months.
Speaker 12 (08:33):
We've passed new legislation just this year allowing us to
prohibit them from now not only owning farmland in our state,
but from building or buying land around our military bases
and critical infrastructure. It is something that has to happen
and something that states have been leading the way on,
(08:53):
but unfortunately, our states can't do it alone. That's why
events like today matter so much. That's why a leadership
from people like Secretary Rollins matter so much. The fact
that we now have a president who understands who our
real enemies are and is willing to take them on
(09:14):
is making a huge difference, not just in our country
but around the world. You know, we've talked a lot
about today a country's ability to feed itself, but that's
not the only place, and that's not the only role
agriculture place. A country has to be able to feed itself,
fuel itself, and fight for itself to truly be free.
(09:37):
And that's why what this group represents is every component
of that, and we now have a president who understands
it and is willing to do everything within his power
to make sure the United States continues to be the
greatest country on the face of the planet.
Speaker 9 (09:52):
It's another Agnews update.
Speaker 13 (09:56):
I'm Russ Kohler, a dairyman from Utah. Safety limits. Heat
stroke is life threatening. Know the symptoms confusion, loss of consciousness, seizures,
high body temperature, hot dry skin, and profuse sweating. Reduce
your risk during the heat of the day by working
earlier or later. Allow time for water and rest breaks
by drinking two to four cups of water each hour.
Speaker 14 (10:18):
This public service message is brought to you by Farm
Bureau and the US AGG Centers.
Speaker 9 (10:25):
American Cattle News reopening the southern border with Mexico for
live feeder cattle. Good or bad. More after this.
Speaker 13 (10:36):
I'm Russ Kohler, a dairyman from Utah. Safety Know your limits.
Heat stroke is life threatening. Know the symptoms confusion, loss
of consciousness, seizures, high body temperature, hot dry skin, and
profuse sweating. Reduce your risk during the heat of the
day by working earlier, or later allow time for water
and rest breaks by drinking two to four cups of
(10:57):
water each hour.
Speaker 14 (10:59):
This public service message is brought to you by Farm
Bureau and the US AGG Centers.
Speaker 9 (11:05):
The threat of New World screw worm has caused the
US to close the border with Mexico for feeder cattle
that's recently reopened. Justin Douglass, Arizona. Robbie Kirkland is a
family feeder from Vega, Texas.
Speaker 15 (11:24):
Those cattle are used by you know farmers, backgrounders, uh,
and then feed lots, so all different sectors of the
of the you know, of the market of the of
the beach chain. So this cattle will come across and
then like I said, a lot of them will be fed,
(11:44):
you know, particularly in our region. I'm in the Texas
cattle feeder region Texas, Oklahoma, and New Mexico, and then
probably some up into maybe southern part of Kansas. But uh,
you know the majority of them would be fed in
in our region. And so those cattle would come in,
a lot of them will get We'll be put on
pasture could be gone wheat pasture, could be summer grass pasture,
(12:06):
and then like I said, would go on into the
to the to the feed lot sector, and and that's
kind of how they're used.
Speaker 9 (12:12):
And why is this important to continue.
Speaker 15 (12:16):
Take a million head roughly out of the supply for
you know, shutting off the ports in and between Mexico
and the US. So that's put a really strain on
the numbers in the you know, in the feed lots,
on our grass, on our wheat pasture because of just
you know, just sheer numbers. So that's made a huge impact.
(12:40):
And so in our region we would say that there
would be around fifteen percent of the cattle on feed
or in our possession would be cattle historically from.
Speaker 9 (12:51):
Mexico American cattle Mews.
Speaker 1 (12:59):
This is Dairy Radio now Belkie Monday, Lucas.
Speaker 16 (13:03):
Es Rabble Bank, Senior dairy analyst in Chicago, Lucas. The
relationship between dairy farmers and dairy processors has to be
mutually advantageous. They need each other. And today you have
highlights from Rabble Bank's Global Dairy Top twenty Companies. Tell
us about it, that's right, Lee.
Speaker 4 (13:22):
Each year Rubble Bank posts this highly anticipated report where
we rank the largest dairy companies in the world by revenue.
We also take into account merger and acquisition activity as
that heats up, that has some impacts on the standing
of some of these companies. This year, in no surprise, though,
(13:42):
in the lead number one was lack Talis, based in France,
in the lead by a wide margin, and in the
future we expect that they could increase their revenue lead
by almost ten billion dollars per year. This company has
been on a roll over the past several years, but
most recently their acquisition of General Mills's US yogurt business,
(14:04):
completed earlier this year, adds even additional revenue to their
turnover in the US. Focus, though, number three on our
global dairy list and number one in the US is
of course Dairy Farmers of America DFA, well known as
the largest co op in the US, with that wide
processing footprint and numerous brands across the country. Number three
(14:29):
on our list for the second year in a row.
Also on rebel Banks Global Top twenty list from the
US is Shreiber Foods. Maybe unknown to some dairy farmers,
but a really large presence in both the US and
around the world, processing a significant amount of milk, even
if not everything or a few products maybe I should
(14:50):
say are under their own brand name. Other big things
though to look forward to. We do expect some significant
changes in this list into twenty twenty six due to
MNAC activity, especially among European cooperatives. On the horizon is
the Freeslom campaign a Milk a Bell merger and also
the Arla Foods DMK merger. Will watch Yoplay's integration into
(15:13):
lactealis in soda y'all, and also Unilever divesting its ice
cream business I think is really big news. Unilever looked
at its ice cream business, saw that sales were not
climbing as much as some of their other portfolio, and
also it was the only product line that did need
that frozen shipping, so Unilever deciding to divest that, probably
(15:35):
into its own company called Magnum next year. But always
an excited report to write watching how these companies move
and shake. As you mentioned, processors need the milk from
farmers just as farmers need these processors to be healthy.
Speaker 16 (15:50):
Amen Lucas Fees, Rabble Bank, senior dairy analyst in Chicago.
For more details, logged on to the rabble Bank website.
Speaker 17 (16:00):
This is dairy farmer Hank Wagner and his daughter Laura
with another simple miracle moment.
Speaker 18 (16:05):
Neighborhoods are not homes, streets, or addresses. They are made
up of people, families, and businesses. If someone asked you
what your neighborhood was like, what would you say.
Speaker 19 (16:16):
Not all neighborhoods are the same.
Speaker 20 (16:18):
Some are filled with violence and fear, while others glow
with warmth and hospitality.
Speaker 18 (16:23):
The single biggest factor that determines what a neighborhood is
like is the people that live in them. Individual people
who choose to be kind, considerate, and caring will help
create a neighborhood filled with the same.
Speaker 7 (16:35):
What is your neighborhood like?
Speaker 20 (16:37):
More importantly, what is one thing that you could do
to bring some miracles into your neighborhood.
Speaker 17 (16:43):
That's Hank Wagner and Laura Rodd's, author of the book
Simple Miracles for More Go to Become Better Leaders dot com.
Speaker 2 (16:50):
A traveler associated case of New World screwworm detected in
the US the last week of August.
Speaker 21 (16:58):
Believe it or not, we have had humans cases in
the past, including in the past five years. Unfortunately, this
happens at times where people go to regions of the
Western hemisphere where the fly is endemic. It's bad for
that particular human, although it's easily treatable with modern medicine.
Speaker 2 (17:14):
That from Agriculture Department Deputy Secretary Stephen Vaden, the threat
of this evasive pest all the nation's livestock, particularly the
beef cattle industry, continues to loose. To date, no detections
of edws have occurred to US livestock yet, the Deputy
Secretary pointed out the fly.
Speaker 21 (17:33):
Is currently about four hundred miles at its closest point
from the United States border.
Speaker 2 (17:39):
Add joint prevention and eradication efforts by the US and
Mexico continued to protect the US cattle supply from this
evasive pest. Rodbane reporting for the US Department of Agriculture
in Washington, d C.
Speaker 22 (17:56):
It's a good time to be thinking about planting cover
crop and tree nut orchards. I'm Patrick Cavanaugh with the
California Tree Nut Report, part of the Vast Information Network.
Jamie ot is a UC Orchard System Advisor for Tahema, Shasta,
Glen and Buke Counties.
Speaker 13 (18:16):
Yeah.
Speaker 23 (18:16):
Absolutely, And I think for some people cover crops fit
into their orchard plants, and some people they don't. But
there are some well documented benefits of cover crops, not
the least of which is orchard access during the winter.
You know that cover crop makes the orchard easier to
get around in when the soil is wet.
Speaker 22 (18:33):
Yeah, of course, it prevents muddy conditions.
Speaker 23 (18:36):
And yeah, this time of year is a great time
of year to plant cover crops. You want to either
seed before the fall rains come so that you can
get the benefit of that irrigation water or if you're
in an area or if we're if it's a fall
that we don't get a lot of rain, if you
seed now and do a little bit of irrigation to
kind of coax that cover crop along, this really is
the ideal time to plant it so that you get
(18:58):
a good stand by the spring, which is that's what
you want. You're growing your cover crop for biomass. Any
of the values that cover crops can provide, like improved
organic matter, improving water infiltration, soil water holding capacity, providing
forage for bees, all of that requires a good stand
of cover crop, so you really want to get it
off to the best start you can.
Speaker 22 (19:18):
That's Jamie on a you See Orchard System Advisor in
northern California.
Speaker 11 (19:23):
Farm work is tough, and so is staying safe on
a road.
Speaker 24 (19:26):
Every year, accidents happen when tractors and traffic share the
same space, whether you're behind the wheel of a tractor
or a car.
Speaker 11 (19:33):
Here's what you need to remember.
Speaker 24 (19:35):
Tractors move slower, be patient, don't pass on hills or curves.
Speaker 11 (19:38):
Farmers, make sure you're slow moving vehicles. Signs and lights
are visible, and everyone's sailer, especially on rule roads. One
moment of caution can save a life. Let's work together
to keep our roads and our farms safe. This message
was brought to you by the AG Information Network.
Speaker 25 (19:54):
The best place to reach a farmer with a farming
solution message is when they're well fre It's easy to
find them during the day, as most farmers are behind
the wheel of the pickup truck or farm equipment with
the radio on listening to this station for the AG
Information Network of the West News. So reach real farmers
right here, right now as they listen to what's important
(20:16):
to their farm operation. Give us a call and we'll
connect you with our local farming community. They trust us,
so they'll trust you with the AG Information Network. I'm
Patrick Cavanaugh.
Speaker 2 (20:27):
A traveler associated case of New World screwworb detected in
the US the last week of August.
Speaker 21 (20:34):
Believe it or not, we have had human cases in
the past, including in the past five years. Unfortunately, this
happens at times where people go to regions of the
Western hemisphere where the fly is endemic. It's bad for
that particular human, although it's easily treatable with modern medicine.
Speaker 2 (20:50):
That from Agriculture Department Deputy Secretary Stephen Vaden at the
recent fire Progress show in Decatur, Illinois. So how do
USDA participate in response efforts to this case? There was
an initial surveillance within a twenty mile radius of the
affected area covering Maryland, Virginia, and the District of Columbia.
(21:11):
Trap results for New World screw worm kay back negative.
The threat of this evasive pest on the nation's livestock,
particularly the beef cattle industry, continues to loose. To date,
no detections of NWS have occurred to US livestock yet.
The Deputy Secretary pointed out the fly.
Speaker 21 (21:30):
Is currently about four hundred miles at its closest point
from the United States border.
Speaker 2 (21:36):
Add joint prevention and eradication efforts by the US and
Mexico continued to protect the US cattle supply from this
evasive pest. That includes USDA Animal and Plant Health Inspection
Service personnel at Mexican counterparts conducting daily testing.
Speaker 21 (21:53):
Right now, items including baiting are being done in Mexico.
We're trying to ensure that we can keep this pass
located where it is and no further. We're doing this
a few points north of a polygon where we know
where it is to detect any movement.
Speaker 2 (22:09):
Early further collaborative efforts to combat New World screw warm
included early to mid September.
Speaker 21 (22:15):
USDA's Animal and Plant Health Inspection Service will be sending
a team to Mexico in about two weeks time in
order to review whether Mexico is following the protocols that
we have agreed on and get an in depth on
the ground, look at the situation in Mexico and report
back to the Secretary and meet where will decide on
(22:36):
next steps.
Speaker 2 (22:37):
And regarding a timeline of consideration of those next steps.
What's aphis personnel on site to report their findings.
Speaker 21 (22:44):
We should have some indication as to what the situation
on the ground is Mexico now that some of these
emulative efforts have taken place.
Speaker 2 (22:53):
State's promoting agriculture is common. Among the vessels used are
state Departments of Agriculture and stay far Bureaus, and in
the case of the Jayhawks, state It's State Far Bureau
offers an avenue for producers to promote and sell their
goods at value added products. For as Kylie Stout explades,
when we.
Speaker 20 (23:13):
Speak with farmers that we work with, their number one
challenge is marketing. How can we reach more consumers? How
can we do that with minimal effort when they have
been working all day providing labor to create the products
or work the cattle.
Speaker 2 (23:26):
That led to Kansas Far Bureau developing an odd lied
store shop Kansas farms.
Speaker 20 (23:32):
A lot of times they work with us just to
outsource that because we can do it and we can
provide a bigger outreach that they're not able to do
on their own, and we put on direct to marketing
workshops for them. We try to bring all the resources
and partner with other organizations to make sure they have
every tool available to them in their toolkit.
Speaker 2 (23:49):
The convenias factor of sales avenues like shop kants as
farms are not lost on Kylie are those producers who
utilize their oddlined presence.
Speaker 20 (23:58):
A lot of the farmers that we work with don't
want to commit to a weekly farmers market. They want
to be home with their family. Makes sense, and so
we provide a digital platform for farmers to be able
to sell their products twenty four to seven to consumers.
Speaker 2 (24:12):
Nor the irony that Kansas farm goods and value added
products the day we visited with Kylie were being sold
not just out a farmer's market, but the Great American
Farmers Market in Washington, d C. Earlier this summer. Yet,
she says, many producers are aware they.
Speaker 20 (24:28):
Need to use all access points available to them to
be able to market their products. So this is one
avenue being at a farmers market. The online availability is another.
Shipping nationwide is another. Wholesale models and grocery stores is one.
Speaker 2 (24:42):
Way to diversify revenue streams as well as make connections
with customers, even if virtually In part, it's education not
just about the source of food, but Kansas agriculture. While
a state perhaps best known for wheat, at small grains
and beef.
Speaker 20 (25:00):
The sandtail, plum jelly, the sandtail plum is the Kansas
state fruit, thanks to a group of fifth graders who
wrote to the governor and said this should be our
state fruit. So it grows wild out in the western
fields of Kansas, and we're proud to be promoting it
in our nation's capital. It is, I think, a little
bit sweeter than a regular plum, but of course in
the jelly context, it's going to be sweeter because of
(25:22):
the added sugars that make it so great on a
piece of toast in the morning for your breakfast.
Speaker 26 (25:28):
An agricultural acquisition in the Golden State. It's done for
California AGG today on the ag Information Network. I am
Haley's ship. John Deere has acquired Gus Automation, a Kingsburg
based company making autonomous sprayers for orchards and vineyards. The
deal builds on a twenty twenty two joint venture and
(25:50):
targets growers' pain points labor, input costs, and crop protection.
Fully integrating Gus into the Jaunder portfolio is a continuation
of our dedication to serving high value crop customers with
advanced scalable technologies to help them do more with less,
said Julian Lavelli. According to a release from the company.
(26:14):
GUS sprayers use GPS, lidar and proprietary software, so one
operator can supervise up to eight machines, reducing errors, labor costs,
and waste. To date, more than two hundred and fifty
machines have sprayed two point six million acres over five
hundred thousand autonomous hours. GUS will keep its name, brand
(26:35):
and manufacturing facility, and sprayers will continue to be sold
and serviced exclusively through John Deere Dealers. John Deere says
it will expand Gus's reach and integrate tools like smart Apply,
enabling targeted spraying with the opportunity for up to fifty
percent savings on chemicals and water.
Speaker 11 (26:54):
Farm work is tough, and so is staying safe on road.
Speaker 24 (26:57):
Every year, accidents happen when tractors in traffic share the
same space, whether you're behind the wheel of a tractor
or a car.
Speaker 11 (27:04):
Here's what you need to remember.
Speaker 24 (27:05):
Tractors move slower, be patient, don't pass on hills or curves. Farmers,
make sure your slow moving vehicles, signs and lights are
visible and everyone's sailor, especially on rule roads, one moment
a caution can save alife. Let's work together to keep
our roads and our farms safe. This message was brought
to you by the AG Information Network.
Speaker 25 (27:25):
For the last forty years, the AGG Information Network has
been the source of news for farmers and ranchers. Yet
we have never seen such an assault on farming and
our food supply as we do today, from fuel to fertilizer.
Farmers are facing unprecedented economic challenges. This is why agriculture
news that farmers receive comes from the AGG Information Network,
(27:45):
reaching coast to coast, deep roots and farming. In decades
of reporting, the AGG Information Network trusted and transparent journalism
for generations.
Speaker 26 (27:55):
On THEAG Information Network. I am Hateley's ship.
Speaker 1 (27:58):
Bob Quinn. Here are some farm used this morning, friends. Well,
the Allendale brokerage firm has released yield results collected from
farmer surveys held over the last two weeks. Todd Gleeson
is talking with Rich Nelson of allen Dale and they
start out with a little background on the survey.
Speaker 27 (28:15):
Can you give me a quick history of this survey?
How old is it and how accurate might it be?
Speaker 28 (28:21):
Certainly so, we've completed the results of a thirty six
annual Allendale nationwide yield survey. This one, in general is
a two week survey of producers. It's covered in the
last two weeks of August with an attempt and a
general idea here to see what we can do as
far as matching up with usd's own September release of
(28:43):
yield numbers. Now, as far as the accuracy here goes
over on the corn side, in the past fifteen years,
we've generally been within about two bushels I want to
say about twelve here. It is eleven of those past
fifteen years we've been within two bushels of USDA's September
yield number. So overall for the survey and certainly for
a survey in September, very very close to what USCMA
(29:06):
show numbers on the soybeans. In terms of the past
fifteen years, we've been within one point five bushels an
acre of USDA's number ten of those years. And really
interesting to point out last year was extremely accurate. We
were only one point one bushel off USDA for coorn
and zero point one for soybeans.
Speaker 27 (29:27):
What did the survey results show for this year?
Speaker 28 (29:30):
So us gave a trade a bit of a surprise
here with their August numbers. They put yields at one
eighty eight point eight or out of the US for coorn,
and they suggested a fifty three point six number here
for soybeans. And the core number was the bigger surprise
of those two. Our survey actually suggested we may not
see that much of a break on this coming report
(29:52):
for corn one point eighty seven point five and for
soybeans fifty three point three. For nationwide numbers, you.
Speaker 27 (29:58):
Do break these out by state. I may note that Iowa, Nebraska, Minnesota,
the two Dakotas were all higher than the USDA August figures.
Speaker 28 (30:09):
There is right, And we really found a pattern which
did kind of match up with that August August rainfall discussion.
Eastern corn belt did see very light declines in yield
as well as Missouri due to that dryingest situation. But
keep in mind from most of the West they did
have some good rainfall overall, and so we did see
(30:29):
those numbers.
Speaker 2 (30:30):
Like the boosted.
Speaker 27 (30:31):
So were you surprised that the Iowa number, which was
really big from USDA two hundred and twenty two bushels
to the acre, was bigger in your survey by a
full bushel at two twenty three.
Speaker 28 (30:41):
I was a little bit and one thing I will say,
and people may may want to criticize the survey and say, well,
does this include the rest issue, the disease issues we
heard so much about, And the issue which we probably
will see is those may not really play into USDA's
own numbers or our survey numbers, maybe until October, maybe
(31:02):
until we see November for instance. So overall on the
Isowa side, yes, we did push numbers on the corn
one bushel over USDA, soybeans two bushels over USDA.
Speaker 27 (31:14):
In Illinois, you have a break from two twenty one
from USDA down to two sixteen. That seems like that's
probably in line where were the places that were really
good in the state and those that were not so much.
Speaker 28 (31:29):
You know, of course we're going to have a discussion
about some of the drier areas on the east central side.
That's probably where we sell the larger.
Speaker 2 (31:36):
Of the hits.
Speaker 28 (31:37):
And the people on the north west side who did
participate in that generally very good July rainfall, that that
certainly was our distinction right there. So certainly for the
eastern third and specifically the east and south and in
southern proportions. That's where we did see the problem show
up here.
Speaker 27 (31:55):
Anything else out of the survey that we should talk about,
or can we discuss what you're thinking as it's related
to marketing for just a moment.
Speaker 28 (32:02):
Let's discuss one additional thing which we do include with
our survey, and we do ask producers questions regarding their marketing,
how much they have marketed for old crop and new crop.
I will point out here new crop corn sales only
fifteen percent complete over the prior five years. Those numbers
(32:23):
range from twenty one to thirty five, so this is
not a surprise to anybody, certainly. The point is we've
got some very low new crop marketings. For soybeans, sixteen
percent of new crop has been sold. The prior five
years were from twenty to thirty four percent, So not
a big surprise to anyone, but certainly those numbers do
give us a bit of concern.
Speaker 27 (32:44):
Here for us at this point, I think most are
suggesting that particularly for corn, but for corn soybeans and wait,
if you've not marketed enough that trying to capture the
carry in the marketplace is something you should do, would
you agree?
Speaker 28 (32:57):
Certainly?
Speaker 11 (32:57):
Right?
Speaker 28 (32:57):
So, of course, in big crop years. With large crops,
the market does put in additional premiums in those back
month futures. So even though we may not like this
near term price, perhaps we can capture the carry by selling,
for instance, the March or the May contracts and accepting
that higher level of a premium there.
Speaker 27 (33:16):
That's Rich Nelson with Allen Dale. It just completed its
annual yield survey done with farmers across the nation. I'm
Todd Clason farm News.
Speaker 1 (33:25):
You're listening to aag life.
Speaker 29 (33:29):
Funly and information network. This is your agribusiness update.
Speaker 11 (33:33):
Well.
Speaker 29 (33:33):
Farm labor scarcity is a growing challenge for farmers, particularly
in light of the mass deportations. A new report from
the University of California Gianni Foundation of agg Economics suggests
labor shortages may prompt some California farmers to alter their
production practices. The report says if immigration enforcement does wind
up targeting undocumented farm workers, California farmers might have to
(33:56):
raise wages, change cultivation practices, implement labor saving technologies, and
use farm labor contractors. LAG Secretary Brook Rawlins announced a
commitment to increase the number of rural food animal veterinarians
across the US. This includes recruiting new veterinarians to join
the USDA in their rule to protect American ranchers, animals,
and food supply. Rawlin says, as the number of rural
(34:19):
food animal vets continues to decline, USDA is putting farmers
first to ensure we'd build back our first line of
defense in our animal food production system.
Speaker 10 (34:28):
And the Trump.
Speaker 29 (34:29):
Administration will soon propose a new Clean Water Act rule
that could eliminate federal protections for many wetlands, according to
Politico's E and E News, Under the proposal, the federal
government would regulate wetlands only if they meet a two
part test. They would need to contain surface water throughout
the wet season, and they would need to be abutting
a river, stream or other water body that flows throughout
(34:51):
the wet season.
Speaker 11 (34:52):
Farm work is tough, and so is staying safe on
the road.
Speaker 24 (34:55):
Every year, accidents happen when tractors and traffic share the
same space. Whether you're behind the wa wheel of a
tractor or a car, here's what you need to remember.
Tractors move slower, be patient, don't pass on hills or curves. Farmers,
make sure you're slow moving vehicles, signs and lights are visible,
and everyone's silert, especially on rule roads. One moment of
(35:15):
caution can save a life. Let's work together to keep
our roads and our farms safe. This message was brought
to you by the AG Information Network. Farm work is tough,
and so is staying safe on a road. Every year,
accidents happen when tractors and traffic share the same space,
whether you're behind the wheel of a tractor or a car.
Here's what you need to remember. Tractors move slower, be patient,
(35:36):
don't pass on hills or curves. Farmers, make sure you're
slow moving vehicles, signs and lights are visible, and everyone silert,
especially on rule roads. One moment of caution can save
a life. Let's work together to keep our roads and
our farms safe. This message was brought to you by
the AG Information Network.
Speaker 29 (35:53):
Get the equipment you need at Richie Brothers next to
Larry Auction on September eleventh, bit on close to two
thousand items in including a wide selection of farming equipment.
This absolute unreserved action is open to the public and
free to register. For more details, visit rbauction dot com.
Speaker 1 (36:08):
Bob Quinn back to wrap up aaglie for today friends. Well,
we talked about it a little earlier in the program. Today,
it appears farmers and ranchers will bring home more income
this year. According to the latest figures from USDA's Economic
Research Service. Mike Davis has a report.
Speaker 6 (36:26):
Farm cash income is projected to be higher in twenty
twenty five as compared to twenty four. Carrie Litkowski, a
senior economist with the Economic Research Service.
Speaker 19 (36:36):
For net cash farm income. After reaching a record high
in twenty twenty two, it fell twenty eight percent in
twenty twenty three and then fell another twelve percent in
twenty twenty four. In twenty twenty five, that cash farm
income is forecast to increase twenty five percent for almost
thirty seven billion dollars inflation of justint.
Speaker 6 (36:59):
Caw says the boost is twofold.
Speaker 19 (37:02):
We forecast farm income from the bottom up, meaning that
we forecasts component parts first, and this allows us to
identify what is driving the change in income from twenty
twenty four, and most of the forecast increase in net
farm income is being driven by government payments and receipts
for animal and animal products.
Speaker 6 (37:23):
The biggest driver in rising farm income is Uncle SAYAP.
Speaker 19 (37:27):
Government payments to farm operators are forecast to increase by
thirty billion dollars in twenty twenty five. All other sources
of income are forecasts to increase just zero point three
billion dollars, and the result is that net farm income
is forecast to increase fifty two billion dollars, or forty
(37:49):
one percent nominally from twenty twenty four.
Speaker 6 (37:52):
Litkowski says those payments will primarily be for disaster assistance.
I'm Mike Davis.
Speaker 1 (37:58):
The Renewable Fuels Is Asociation applauded the California Senate's passing
of a bill that would allow the sale of E fifteen,
saying the state is much closer to cleaner fuel use.
The association said the bill moves onto the Governor's desk
now for approval. Last year, Governor Newsom said ethanol blends
have massive potential and will lower gas prices while keeping
(38:21):
the air clean. Researchers at the University of California, Berkeley
and the US Naval Academy said in a report that
California consumers may see up to two point seven billion
dollars in savings every year by having E fifteen available
and friends with that runt of time for today. Thanks
for joining us back tomorrow morning with another edition of
(38:41):
Baglife