Kansas Ag Report

Kansas Ag News

A USDA Economic Research Service projects for farm profits are mixed through 2030. The service provides forecast for net cash farm income and net farm income. Two major profitability indicators of the ag sector net farm income is a broader measure of the farm sector profitability incorporates non cash items. Net Cash farm income includes only gross cash income minus all those cash expenses from last year ers forecast net farm income to be $123 billion $31 billion more than the 20 year average net farm income $139 billion for the projections estimate the profitability indicators will rise in 22 then level off through 2030 because of a projected increase in production expenses in 2030.

Sorghum Stories

This Kansas green circle update features sorghum Commissioner Kevin Knievel, who represents USDA is east-central district eight of the State Farm not too far from Manhattan, Kansas to the south. In Morris County. We have about 450 acres of Milo usually per year. You know, it's a great crop to spread out our planning. The excitement, to me, being an ag producer, is the ability to develop new ways to enhance soil health and make sure that the farm is passed on from generation to generation years to come.

Find out more about Sorghum at https://bit.ly/3g1hmv0

Soybean Update

A study released by Trinity consultants in partnership with the National biodiesel board shows that biodiesel also benefits human health. 

Researchers concluded that 13 communities would benefit from 340 fewer premature deaths 46,000 fewer lost workdays, and 3 billion in avoided health care costs annually. The study used an air toxic-based health risk assessment to analyze fuel sources and translate the results into risk metrics. 

 

For more on how soybeans can positively affect Kansas and the world visit KansasSoybeans.org

Ag Market Update from Pinion

Mitch Duer here with Pinion a division of KCoe Isom. Over the past few weeks, corn and soybeans have moved to new highs on South American weather, China buying and concern on our domestic weather. On March 12, the USDA released their main crop production and supply and demand report. And these times of extreme volatility and high prices we are experiencing the USDA reports have had everyone on their toes. All crop any stocks for corn came at 1.25 7 billion bushels, which was in line with the analysts' estimate of 1.275 and down from the April report of 1.35 2 billion bushels.

 

This was the first time that USDA released numbers on the 2122 crop and take corn at 1.50 7 billion bushels.

 

On the soybean side USDA printed an old crop number 120 million bushels, which was the same as the April report and new crop number of 140 million bushels. Stocks continue to stay tight and we continue to see soar being prices rise trying to buy acres.

 

The wheat numbers are right in line with all the analysts estimates but we continue to see wheat make its way into the feed channel and we'll start to tighten supplies.

 

In the livestock sector book the live and feeder cattle futures found a bottom and have bounced back. feeders continue to watch corn closely in the live cash cattle market continues to struggle as well. If you would like to talk about your grain livestock marketing plan, give us a call at 888-452-8751 Mitch Duer with Pinion a division of KCoe Isom.

Mesonet Weather

Ken and Mary Knapp talk about something that continues to be a very valuable tool, not only for farmers and ranchers, but really all Kansans. The mesonet that gives solid weather data to really anybody that needs it or wants it.

 

For Mesonet data visit: https://bit.ly/3eNUYnY

Ag News Update

With the heartland on the market right now, it's extremely important for those who want to sell a farm to be sure that they expose it to the whole marketplace. Use some some sort of competitive bidding process that potential buyers can establish the high bid, knowing the local land market critical to deciding what competitive bidding process to use. determining factors when looking at the local land market include the type and quality of land for sale customs of local land buyers and expectations of the seller. The sales process that works in one area may not in another, so it's essential to know the market and land. One traditional method for competitive bidding is the public outcry auction, which is a common way to sell farmland in the heart of the Corn Belt. Now today, it's beneficial to do a simulcast auction, which broadcasts the live auction online viewers and registered online bidders who can place bids electronically, right along with the in person crowd bids for both online and in person bidders are posted on a screen for all to see that makes the process fully transparent.

When 2020 the federal government provided assistance to farm operations that experienced losses because of COVID-19. The aid came in the form of loans with a paycheck protection program and payments from a couple of iterations of the Coronavirus Food Assistance Program c fat one and C pap two, PPP was administered by the US Small Business Administration. It provided loans to small businesses to help them keep the workers employed during the pandemic sci fi app was administered by the USDA Farm Service Agency. 

For more news and update visit AGView.net

Wheat Berries

Wheat berries are a specialty food currently being rediscovered and could be creating opportunity for KS farmers.

Bring Ethanol to Your Pump

Kansas Corn is offering support to get ethanol in KS gas stations! For information on how you can get E15 and E85 follow the link below.

 

https://kscorn.com/ethanol/

Trail Ride Update

Registration is open for the first cowboys for conservation trail ride near Eureka, Alison land and cattle which is owned by Kevin and Carrie Allison is sponsoring and hosting the June 19 event.

Do fences make good neighbors?

Joining us this week in studio for the first time in quite a while Dr. Roger McEowen, who is an Ag law and tax professor at the Washington School of Law.

Ken and Roger discuss how many landowners can deal with fence and property line disputes. 

 

Visit Dr. McEowen's blog at Washburnlaw.edu/waltr