Tag Archives: corn

IF YOU GROW CORN OR TOMATOES…..!!

If you grow CORN or TOMATOES and have crop insurance ! one final REMINDER! JUNE 10TH is the final planting date for corn and tomato crop insurance policies. If you have corn or tomato crop insurance policies be sure to get your crops in the ground before the June 10th deadline or you may be subjected to late planting production guarantee reductions!

 

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June 10th Crop Insurance Final Planting Deadline!

JUNE 10TH is the final planting date for corn and tomato crop insurance policies. If you have corn or tomato crop insurance policies be sure to get your crops in the ground before the June 10th deadline or you may be subjected to late planting production guarantee reductions!

Should you replant? Try out Pioneer’s online calculator

Deciding when to replant a crop that’s been adversely affected by weather, pests or other problems is tough. Now an online calculator will help growers make that decision. A replant calculator is available from Pioneer Hi-Bred on Mobile Pioneer.com.
The calculator considers original planting date and stand target to determine plant population. Growers then consider possible replant dates and replanting seed and input costs. The calculator presents both scenarios, current stand and replant stand, and provides estimates associated with each choice. As the season moves on, yields decline with delayed planting.
The calculator is available on Mobile Pioneer.com in the tools section, which is accessed through the main navigation menu.
“The new replant tool is just that — a tool,” reports Chuck Bremer, Pioneer agronomy e-business information manager. “To a great extent, it relies on the grower having a realistic yield expectation and taking the time to enter critical data, from optimum stand to grain price.”
The replant calculator is based on a long-standing chart developed by Dr. Emerson Nafziger of the University of Illinois and widely used across the Corn Belt, which illustrates the effects of planting date and plant population of grain yield for the central Corn Belt. The new calculator also takes into account the current shift to higher populations, as suggested by Pioneer research and data.
The calculator is part of a suite of tools available to growers on pioneer.com and Mobile pioneer.com. Mobile Pioneer.com is optimized for iPhone, iPod Touch, Android, Blackberry and feature phones

Large corn harvest, abundant stocks mean lower prices

The USDA’s projections of U.S. and world corn and feed grain supply and demand conditions presented in the May WASDEreport set the benchmark by which the corn market will judge unfolding events. Those events are continually unfolding, with some of the more important ones to be revealed this summer.
Among the factors to be revealed over the next few months, two of the most important are the rate of domestic feed and residual use and the prospective size of the 2012 U.S. crop. Feed and residual use of corn during the current marketing year is projected at 4.55 billion bushels. Use during the first half of the year, as implied by the quarterly stocks estimates, totaled 3.39 billion bushels. To reach the projection for the year, use during the last half of the year will need to total 1.16 billion bushels, about the same as consumed during the same period last year. Use in that period totaled 1.718 billion bushels in 2010 and 1.631 billion in 2009.
The projected decline in the pace of feed and residual use during the last half of the year is expected to come in the final quarter as a result of increased wheat feeding and the availability of more than the normal amount of new crop corn. Increased wheat feeding in the summer of 2011 was also expected, but did not occur. Based on the estimate of September 1, 2011 wheat stocks, feed and residual use of wheat during the summer of 2011 was at a 5-year low of 204 million bushels, 54 million less than use in the summer of 2010. Early corn planting this year is expected to result in an early harvest of a larger percentage of the 2012 crop and additional consumption of new crop corn in August. The pace of maturity of the crop will provide a gauge of the amount of corn likely to be harvested in August. The estimate of June 1 corn stocks, to be released on June 30, will provide for an estimate of feed and residual use during the third quarter of the marketing year and the level of use needed in the fourth quarter to reach the USDA projection.
A combination of large corn acreage and a projected record average yield of 166 bushels are expected to result in a U.S. corn harvest of 14.79 billion bushels this fall. That projection is 2.432 billion bushels larger than the 2011 crop and 1.698 billion larger than the previous record crop of 2009. The yield projection is 2 bushels above the trend calculation for 2012 based on the trend of the U.S. average yield from 1990 through 2010. The above-trend yield reflects the anticipated impact of a smaller than average portion of the crop planted after the optimum date for maximum yields. History suggests that a new record average yield will require below average summer temperatures and above average summer precipitation, such as occurred in 2004 and 2009. The USDA’s June 30 Acreagereport will provide estimates of planted and harvested acreage. On-going weather conditions and the USDA’s weekly report of crop conditions will provide the basis for yield projections prior to the USDA’s August Crop Production report.
Another factor that will unfold over the next few months is the prospective size of the corn and feed grain crops in the rest of the Northern Hemisphere. The USDA projects larger corn crops than those of last year in China, Canada, Mexico, and the Ukraine. Production of all feed grains is expected to be larger in the EU, Canada, China, and Mexico. The largest increases in production, however, are expected in the Southern Hemisphere as production rebounds in Argentina and South Africa. Those prospects will unfold in late 2012 and early 2013. The first USDA forecast for the 2012-13 marketing year is for record foreign feed grain production. The size of those crops will influence export demand for U.S. corn, with Chinese demand to be of special interest.
In addition to production prospects, the corn market will be influenced by the world economic and financial conditions as they impact consumer incomes and commodity demand. Domestically, the rate of implementation of 15 percent ethanol blends will also be important for corn demand as the blend wall for E10 approaches.
Conditions are in place for a very large U.S. corn harvest, a return to a more abundant stocks situation, and a return to lower prices. The magnitude of these changes is still to be determined and will unfold over an extended period. Even with higher average yields this year, substantially lower corn prices could have a disproportionately large impact on producer returns as anecdotal evidence suggests that a relatively small portion of the 2012 crop has been forward-priced at higher price levels

Acerage Reporting Dates!

The proposed acreage reporting date for Corn, Fresh Market Sweet Corn, Grain Sorghum, Oats, Potatoes, Soybeans, Tomatoes is JULY 15TH! For processing beans the proposed acreage reporting date is August 15th!

Attention corn growers!

April 11th is the earliest planting date for corn. PLEASE BE ADVISED! It may be tempting to plant your corn earlier than this date due to the unusually warm weather we have been having, however, the crop insurance policy for corn states that the earliest planting is APRIL 11TH and the final planting date is JUNE 10TH. If you should choose to plant your corn earlier than this date or after the deadline, you may not be eligible for replanting payments should you experience some kind of loss, however you will still have protection from insurable causes of loss under the crop insurance policy. Should you decide to plant your corn after the final deadline you are allotted 25 days after the deadline to do so while still maintaining coverage however your coverage level decreases by 1% each day. It is necessary to be diligent on your reporting about what fields were planted on what dates after the final planting date

Average Percent Change In Premium Rate for Soybeans and Corn In New Jersey

Below you will find the average change in premium rates for soybeans and corn in New Jersey, please keep in mind that the average percentage of change for a crop may vary within the crop for the state.

Soybeans: There is a 1% increase in premiums for soybeans

Corn: There is a 6% decrease in premiums for corn