It is easy to get distracted by your tasks and routine at the beginning a busy week.
Here is a summary of the latest news to keep you informed
How to Measure an Acre
What exactly is an “acre”? Editor Jodi Henke talks with Michael Pugh, land expert from Ownerly, a real estate data company, about the moniker of measurement.
“Historically, it’s a long strip of land. It measures 660 feet by 66 feet so it’s basically a 1×10 ratio,” says Pugh.
Cattle Market Quotas
Zippy Duvall is the President of the American Farm Bureau Federation. He says that while they support transparency in cattle pricing, the AFBF doesn’t want meatpackers being required to buy slaughter cattle on a cash market.
An estimated one in five fed cattle nationwide are being sold on the cash market for slaughter, compared with three out of five heads a few decades back.
Cash sales are much more common in Nebraska than they are in Texas and Oklahoma. This is why there is a regional split.
Key News for Farm Management in 2020
This week, the XtremeAg team checks-in as they adjust equipment and nutrient programmes.
As input prices soar, Matt Miles, Kelly Garrett, and Kevin Matthews are seeking to reduce their input use without sacrificing the quality of their 2022 crop.
Miles, a fourth-generation farmer in southeast Arkansas, says, “Although we’ll definitely continue to test different products this season, we are being more cautious in 2022. We are hoping that crop prices will continue their rise to offset the large increase in input costs.
Jodi Henke speaks with Brent Gloy, a partner at Agricultural Economic Insights about the outlook for the agricultural sector in 2022.
Gloy says as we go into the unknowns of 2022, it’s important to really understand your cost structure.
“Understand your economic costs, your accounting costs, and your cash flow costs. Gloy says that it is possible to understand the current price of the product and sell some at a profit.
Editor Dave Mowitz states, “Buying a combine after the first of each year is definitely counterintuitive.” The summer is the peak season for used combine sales. However, I believe that January and February are the best months to shop for a late model harvester.
This article will explain how the seller’s markets benefits farmers.
Editor Jodi Henne asks: “Was there any thing in your fields last season that you would rather not repeat?”
She talks with Dan Berning, Pioneer agronomy manager for the western cornbelt, who recommends looking back at 2021 and other recent years. Particularly if you were dealing avec fungal diseases such northern leaf blight or tar spot and corn rootworm.
How the Russia/Ukraine Conflict Impacts the Wheat Market
Russia and Ukraine account respectively for 30% and 16% of global wheat exports, respectively.
Ineffective diplomatic meetings and the increasing troop and arsenal buildup by Russia, just a stone’s throw from the Ukraine border, have greatly increased the likelihood of an invasion. The wheat and corn markets are bracing for grain export chaos to develop if that were to happen.
Source: Successful Farming
