You don't have to go to an auction to get great deals on machinery these days. Dave visits with Nate Weinkauf from Case IH to discuss used machinery prices on dealer's lots and what incentives dealers can give buyers of used machinery. Successful Farming Show #1009. Originally Aired March 16, 2017
Saturday, 8 April 2017
BRAZIL SEEN PRODUCING A HUGE SOYBEAN CROP
RECORD YIELDS ARE HELPING GROW THE CROP.
SAO PAULO, Brazil -- Brazil could harvest 113.3 million tons of soybeans in the 2016/2017 season. According to the Rally da Safra, the main expedition to monitor the grain harvest in Brazil, this estimate is a result of favorable weather and an investment in technology.
According to the survey, soybean production will grow 18% compared with the previous crop, which was 96.3 million tons. The estimate indicates an increase in acreage from 82.28 million acres to 83.76 million acres.
According to the survey, soybean production will grow 18% compared with the previous crop, which was 96.3 million tons. The estimate indicates an increase in acreage from 82.28 million acres to 83.76 million acres.
YIELD RECORD
The outstanding result of the Safra Rally was the record yield of 49.78 bushels per acre, compared with 43 bushels per acre in the past season. “This is a spectacular soybean harvest,” said André Pessôa, coordinator of the Rally da Safra, in a statement released on March 30.
During the expedition, technicians observed favorable weather in most producing regions, a low incidence of pests and diseases, and an increased investment in seeds. “This year, rains occurred earlier and were constant throughout the season, and farmers took advantage of early planting,” says Pessôa.
The earlier soybean harvest allowed the good implementation of the second-corn crop until the second fortnight of February in the states of Mato Grosso and Goiás. It offers a positive outlook for the second crop, increasing the chance of higher productivity of corn, too.
During the expedition, technicians observed favorable weather in most producing regions, a low incidence of pests and diseases, and an increased investment in seeds. “This year, rains occurred earlier and were constant throughout the season, and farmers took advantage of early planting,” says Pessôa.
The earlier soybean harvest allowed the good implementation of the second-corn crop until the second fortnight of February in the states of Mato Grosso and Goiás. It offers a positive outlook for the second crop, increasing the chance of higher productivity of corn, too.
SOYBEAN HARVEST REACHED 68%
According to the consultancy AgRural, the soybean harvest reached 68% of the planted area. In a statement released March 24, AgRural said that productivity is surpassing estimates. The consultancy also stated that its production estimate will be revised upward.
Buhari approves appointment of CEO, Executive Directors of BoA
President Muhammadu Buhari has approved the appointment of an interim Managing Director/Chief Executive Officer, as well as Executive Directors for the Bank of Agriculture.
The appointments were announced by the Federal Ministry of Agriculture and Rural Development on Thursday in a statement issued by the Deputy Director, Information, Mrs Lere -Adams Blessing.
The ministry explained that the appointments would support the administration in realising its vision of boosting agriculture across the country, through ensuring availability of funds needed for the development of the sector.
“This appointment is as a result of the Federal Government’s determination to reposition the Bank of Agriculture to be a more efficient and result oriented institution. The strategic re-positioning of BOA will enhance farmers accessibility to agricultural funds that will be profitable for large and small scale player” it stated.
According to the statement, the availability of funds will no doubt increase production which will eventually result in self-sufficiency.
The appointees include Kabiru Mohammed, Interim MD/CEO; Prince Akenzua, Executive Director, Corporate Finance, South-South; Dr. Okenwa Gabriel, Partnerships and Strategy, South-East; Ameh Owoicho, Executive Director, Credit and Empowerment, North Central; and Olabode Abikoye, Executive Director, Credit and Empowerment, South West.
Technologies will end herdsmen attacks in Nigeria- Akinbola
The Chief Executive Officer of Promosalons Nigeria Limited, Akin Akinbola has said that animal feeds production technologies will help put an end to the issue of herdsmen attacks which have become prevalent in the country in recent times.
Mr. Akinbola revealed this to AgroNigeria at the just concluded 3rd International Trade Exhibition Agrofood & Plastprintpack Nigeria 2017 held at the Landmark Center Victoria Island Lagos.
According to him “Animal production is a big issue in the country today. We all know the problem between the farmers and the herdsmen in the country. We have so many new technologies that will avert that, because today basically we are looking at having only green area whereby we can also have different kind of animal feeds that can be used against cattle ranch and against moving animal from one end to another”.
He explained that once these technologies are fully embraced, there would not be need for grazing of animals from one place to another.
“Once you have enough animal feeds and you create ranches, you just give them the feeds. This will prevent the animals from moving from place to place, destroying farms”.
When asked of the affordability of these technologies to the farmers, Akinbola said “It is going to be affordable because the feeds are not going to be imported. The only thing we may import is the additives and that’s going to make the feeds cheaper and affordable to farmers.”
He however urged government to organise awareness programmes for farmers, educating them on how they can also produce some feeds on their own, as well as embracing new technologies in production of animal feeds.
“Government needs to partner with the institutes of technology, research institutes, to look for the substitute to the feeds instead of relying on the orthodox way of feeding the animals. We need to produce enough animal feeds on our own” he said.
WHEAT FARMERS SECURE N50M LOAN IN KANO
The Wheat Farmers Association of Nigeria (WFAN) in Kano State has secured a N50 million loan from the State Government, its Chairman, Alhaji Faruk Rabi’u, said on Wednesday.
Rabi’u said that the loan would be used to assist the farmers warehouse their produce after harvest.
The chairman told the News Agency of Nigeria (NAN) in an interview in Kano that the assiciation had introduced the ` Warehousing Finance Receipt Programme’, to ensure safety of produce at the end of the season.
Rabi’u said farmers who need money during the period would be given interest-free loan from the N50 million.
“The idea is to discourage farmers from selling their produce at a give away prices after harvest.
“When there is bumper harvest, middlemen buy and hoard the product and later sell it at exorbitant prices which is to the detriment of farmers.”
He believed that the introduction of the warehousing receipt programme, farmers would keep their products safely until when the commodity appreciated.
According to him, if any member requires money during the period his product is warehoused, the association would offer them the interest-free loan, to repay after selling the produce.
Rabi’u said under the programme, farmers would get 30 per cent value of their products as loan and would be made to pay a token for warehousing their commodity.
The chairman disclosed that the association had set up a committee to recover the loan disbursed to its members under the CBN anchor borrower programme.
“Harvesting has commenced and we have set up a committee for loan recovery which will soon commence its assignment.”
He called on farmers to ensure prompt payment of the loan, to avoid any embarrassment. (NAN)
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