Saturday, 11 March 2017

IMPLEMENTING MULTIHYBRID TECHNOLOGY TAKES A TEAM APPROACH


For decades, Lynn Fahrmeier maximized yield by planting the hybrid that would perform the best, on average, across an entire field, despite the soil variations within that field.
“My fields range in size from 3 to 70 acres,” says the Wellington, Missouri, farmer. “One small field can go from prairie soils up on the ridge to eroded timber soils on the hillside to a bottom-type soil down by the creek. I was always playing defense when I chose a hybrid.”
By picking a workhorse hybrid, Fahrmeier knew that in a normal year he might be giving up yield on his better ground because he was being conservative with his seed selection. “Yet, I was willing to sacrifice that top-end yield for the guarantee that I was going to at least have a yield on my tougher ground,” he explains. 
Independently placing two different varieties in the same field, Fahrmeier believed, would allow offensive hybrids to flourish in high-producing soils and enable defensive hybrids to hold yield in the lower-producing areas. 
“I knew the technology was available,” he says. “I told my local co-op, MFA Agri Services, I needed to be moving in that direction, and it is why I pushed for over two years to get vSet Select on my planter.”
“Lynn was adamant we could make it work, as he was ready to move forward with this technology,” says Gavin Burgess, Precision Planting regional manager.

UNCHARTERED TERRITORY

The problem was that Fahrmeier’s 1790 John Deere 24-row planter (on 20-inch spacing) was not on Precision Planting’s approved list for compatibility. As the first planter in Missouri to be equipped commercially with this technology, it would take over a year to make it happen.
“Gavin actually came out to the farm and took pictures of my planter. He sent those images back to the engineers at Precision Planting,” Fahrmeier recalls. 
How the implement folded was the first challenge. “When the 1790 planter wings folded up to transport, they would tip the units up,” says Burgess. “This posed the risk of spilling seed into the bulk tank fill hoses. After we installed and tested it, the seed stayed in the meter. We didn’t see any seed-delivery issues with bridging of seed in the tubes.”
Interference with the stairs to the bulk tank was also an issue. “The guys at MFA customized the steps so they wouldn’t affect the splitter hoses,” he says. 
Equipping Fahrmeier’s planter would only be one piece of the puzzle. “As I’ve spoken with growers over the last six years, it is clear that a very low percentage are trying to address soil variability by way of developing spatial management zones,” says Jason Webster, Precision Planting.
“This is the foundation for multihybrid planting. Once variability maps are created, growers can address that variability with a technology like multihybrid planting to maximize productivity in each zone,” Webster says.
Yet, analysis and decision-making based on data, Fahrmeier says, are not easy to do alone. It’s a realization he came to years earlier. “When I first got my yield monitor in 1995, I thought I was going to have the software on my computer and I was going to make all of my own maps,” he says. “I realized I didn’t do it enough to become an expert. I needed to have someone who could crunch all of this data.”
As he worked to integrate multihybrid technology, gathering a team of experts was even more crucial. “I needed not only an expert who could analyze and interpret the data to set up zones, but also someone who understood the strengths and weaknesses of each variety,” says Fahrmeier.
“Knowing where to plant each hybrid and at what seeding rate can be a difficult task,” says John Fulton, associate professor, Ohio State University. “With multihybrid planting, you’re getting pretty site-specific. You really have to put a team together to help develop those recommendations for each field so you can make sound decisions.”
MFA is one of a handful of dealers in the nation that is embracing multihybrid technology, and it has everyone in-house to accomplish a successful strategy, says Burgess.

FARMER PERSPECTIVE

The team approach was really demonstrated this past winter when the group sat down to evaluate year one.
“We went field by field, basically zone by zone, to figure out what was going on. We talked through which variety and population was best for those areas,” says Fahrmeier. 
In one field, there was an area that was highly eroded. “There was no topsoil left,” he says. “I was farming clay.”
Brandon Bruce, the Dekalb/Asgrow technical agronomist, recommended a variety he felt would be good for that soil type.
“I pointed out that on the other side of the ridge was a poorer-producing area because it was wet,” says Fahrmeier. “He had to suggest a different variety because the one he recommended didn’t like wet feet.”
That discussion is a great example of why he can’t do this alone. “It is the main point of this entire story. I have to have a team to be successful,” Fahrmeier emphasizes. 

GENETIC SELECTION

On the hillsides, where he knows he’s never going to win a contest, Lynn Fahrmeier simply wants a variety that’s going to put an ear on every year even if it’s a dry year. For 2017, he chose seven different varieties. “In corn, I’m using three different maturity ranges that are roughly 110-, 112-, and 114-day varieties,” he says. “I’m choosing offensive and defensive hybrids in each of those ranges.” 
The biggest obstacle is finding the correct hybrid for the right acre, says Precision Planting’s Gavin Burgess. “This will come through on-farm research and tests from seed companies,” he says.

WHAT ABOUT BEANS?

In 2017, Lynn Fahrmeier, Wellington, Missouri, plans to test soybeans by planting two varieties in the same field. 
“It’s not as clear-cut in soybeans as it is in corn. If corn varies a couple of moisture points, it’s not a big deal because the dryer will compensate for that,” he says. “With soybeans, both varieties basically have to be mature before I can cut them. I’m a little nervous about harvestability. If they don’t mature at the same time, I’m in trouble.”
In fields where there is disease pressure, Fahrmeier is also considering trying different seed treatments in the same field. 

YEAR-ONE LESSONS

On average, Lynn Fahrmeier cut his seed costs by 8% to 10% in year one. Seed populations ranged from 26,000 to 36,000.
“We had a wet spring, a dry early summer, and a wet late summer. Then it dried up for fall,” he says. “For the season we had, I think I adjusted the populations more than I should have on some areas. I realize every year is going to be different. Had it been a dry year, I’m sure my analysis would have been different.” 
For 2017, populations on the lower end were increased, and the higher range was left as is. The good ground, Fahrmeier says, is actually easy to manage. “It’s the average- to poorer-yielding areas that I really have to think about,” he explains. 

SEED DEVELOPMENT

Some believe the adoption of multihybrid technology will not only increase the use of variable rate seeding but also drive seed development.
“As I look to the future, I think we are going to see higher seeding rates,” says Jason Webster, Precision Planting. “I think the seed companies are going to create special hybrids that can handle those higher populations. That is where multihybrid planting is going to be crucial because a grower will be able take some of his best soils and look at those ultra-high populations and see even higher benefits than he does now. We are not there yet, but I think it will come in the short-term.” 

SETTING UP ZONES

Lynn Fahrmeier has been collecting yield data since 1995. “I like to use at least six years of quality data to develop zones,” says Matt Stock, MFA AgriServices regional sales manager. “I use past yield history, soil conductivity data, and soil fertility data.”
The majority of fields were divided into three categories:
  • above-average yield
  • average yield
  • below-average yield
“Having quality data in place to be able to generate zones is very important. That’s because if you don’t generate them right, it’s hard to see success – and ultimately profit,” says John Fulton, associate professor, Ohio State University. 

CHECKING HIS WORK

You have to have check strips in your fields, says Missouri farmer Lynn Fahrmeier. Each of his fields, which range in size from 3 to 70 acres, has check strips incorporated into the prescription to gauge how well a variety performed in specific populations.
“What I found on the really good soils is that I was yielding above the check strips,” he says. “On some of my tougher soils, I was yielding below the check strips. I increased my variability last year, but I think it’s probably more population-induced than variety-induced,” he says.
“Educational blocks are the only way we can grade ourselves and challenge ourselves to do better,” says Jason Webster, Precision Planting. “They establish a report card of how products performed compared with how the farmer and the seed representative thought it should have.”

YEAR-ONE LESSONS

On average, Lynn Fahrmeier cut his seed costs by 8% to 10% in year one. Seed populations ranged from 26,000 to 36,000.
“We had a wet spring, a dry early summer, and a wet late summer. Then it dried up for fall,” he says. “For the season we had, I think I adjusted the populations more than I should have on some areas. I realize every year is going to be different. Had it been a dry year, I’m sure my analysis would have been different.” 
For 2017, populations on the lower end were increased, and the higher range was left as is. The good ground, Fahrmeier says, is actually easy to manage. “It’s the average- to poorer-yielding areas that I really have to think about,” he explains. 

CALCULATING RETURN ON INVESTMENT

The cost to retrofit Lynn Fahrmeier’s 1790 John Deere 24-row planter with Precision Planting’s vSet Select was $2,150 per row.
“If a grower with a 16-row planter could realize an 8-bushel-per-acre yield increase in corn (at $3.50) and a 3 bushel-per-acre increase in soybeans (at $10), our calculations indicate a breakeven of 1,000 acres to pay for this technology,” says Jason Webster, Precision Planting. 
“I was hoping to see a return on my investment in year one, but I broke even,” says Fahrmeier. “I fully anticipate it will pay for itself. It just may take a little longer, but I’m committed to making this work.” 

RESEARCH FINDINGS

Ohio State University and Beck’s Hybrids began testing Kinze’s 4900 multihybrid planter (Grower 1) as well as Case IH planters equipped with Precision Planting meters in 2015 (Growers 2, 3, and 4). Prescriptions generated for Growers 1 and 4 were yield-map based. SURGO soil data was used to create prescriptions for Growers 2 and 3.
The four growers planted 1,611 acres of corn and 169 acres of soybeans. Project Coordinator Andrew Klopfenstein shares some of the results from year one on how the corn acres performed. 
2015-results

MEET THE SQUAD

Each member of Lynn Fahrmeier’s team plays an integral role in helping him successfully – and correctly – implement multihybrid technology.
multihybrid-planter-farmer
Lynn Fahrmeier, Wellington, Missouri, farmer (shown right)
As the team leader, Fahrmeier needs to be involved because he understands why certain areas of a field are good or bad. “It’s up to me to bring that history in, because a computer doesn’t know why an area of a field is low yielding. It just knows it is.”
Scott Bergsieker, MFA AgriServices Precision Specialist 
Bergsieker makes fertilizer recommendations, and he helped install the vSet Select components. He also continues to troubleshoot problems to ensure the system is running smoothly. “I keep Lynn’s technology and precision equipment rolling in the field,” he says.
Matt Stock, MFA AgriServices Regional Sales Manager
“On the equipment side, I helped figure out how to build this planter,” he says. “I’m also the data cruncher who creates the zones. I look at the data Lynn has collected, or we have collected for Lynn, to learn as much as I can about his fields. I also rely on his insight for each field.”
Gavin Burgess, Precision Planting Regional Manager for Southern Iowa and Missouri
Burgess investigated whether or not the technology would work on Fahrmeier’s 1790 John Deere planter, which wasn’t on Precision Planting’s approved list for compatibility.
Brandon Bruce, Dekalb/Asgrow Technical Agronomist
“It’s my job to help the team select products for Lynn’s environment that fit across his fields and the zones created by the precision program at MFA,” Bruce says. “A lot of it goes back to characterizing the products to match each zone.”

REVOLVING FOUR-SIDED TOOL CADDY


It’s probably fair to say there are a number of farm shops with wrenches missing from “lots of different sets, sockets from odd sets lying around in a pail, and tools picked up at auctions piling up in a drawer.” That’s how Stephen Bathista of Southampton, Massachusetts, describes his shop tool situation before he built what he calls his four-sided lazy Susan.  
The rotary base is from an old tandem axle manure spreader wheel and hub with a stub shaft pointing upward. “I welded a sturdy 20-inch-square plate to the shaft. The metal sides are bolted to the plate to form an A-frame, which is bolted together at the top with a handle. With that handle, I can lift the whole thing with a chain or forks,” he says.   
Including the handle, the entire stand is about 66 inches tall.

HOLDS IT ALL

The two ¾-inch plywood sides hold sockets; 1-inch angle iron rail acts as bracing for the plywood panels. They are predrilled at 15° for 16D finish nails to hold small sockets. Bashista used 7-inch-long heavy-duty wood screws for larger pegs that hold multiple sockets of the same size. 
One side is for SEA tools, he says, and the other holds metric-size wrenches and sockets with extensions and breaker bars. These two sides are covered in ³∕16-inch steel plate. All four surfaces are 20 inches wide at the base. 
Wrench cups are formed by 2½- to 3-inch thin-wall square tubing 3½ to 10 inches long. These organize and separate his open-end, combination, and box-end wrenches.
There are troughs welded in between the wrench cups that hold wrenches in ¹∕16-inch sizes.
Open spaces approximately 3∕8 inch wide at the bottom of each square tubing cup let dirt and debris fall through. 
Bathista points out that at the bottom of the tool rack is a piece of metal that holds extra tools. 
He says he’s collected a lot of tools over the years. Bashista and his son, Ron, maintain all their farm equipment. Throughout his career, he’s performed welding and equipment repairs for his farm and also for neighbors. He says people still bring him things to work on. 

MORE ABOUT STEPHEN BASHISTA

Home Farm: Rolling Acres in Southampton, Massachusetts, is where Bashista was born and raised. He and son Ron now grow harvest hay for silage for others.   
Farm Attraction: In the fall, the Bashistas grow corn for a maze. At this family attraction, there is also a jumping pillow feature and zombie paint ball. 
Family: Bashista and his wife, Christine, have three children. He also has a business selling corn and pellet stoves. 

3 BIG THINGS TODAY, MARCH 11

WHEAT FUTURES LOWER OVERNIGHT; SALES OF BEANS RISE WHILE GRAINS DECLINE.



1. WHEAT FALLS AFTER DOLLAR HITS HIGHEST IN ALMOST A MONTH

Wheat futures declined in overnight trading after the dollar yesterday jumped to the highest level in almost a month.
Equities earlier this week rose after President Trump’s speech in which he reiterated his plan to improve infrastructure in the U.S. and build the military, pushing the value of the greenback to its highest level against a basket of foreign currencies since early January.
A stronger dollar reduces purchasing power for overseas buyers, effectively making U.S. supplies more expensive. In general, when the currency is stronger, commodity prices tend to get weaker. Corn and soybeans also were down slightly overnight.
Wheat futures for May delivery fell 3¾¢ to $4.49 a bushel overnight on the Chicago Board of Trade. Kansas City futures declined 3¼¢ to $4.67 a bushel.
Corn futures for May delivery lost a penny to $3.78½ a bushel in Chicago.
Soybean futures declined 2¼¢ to $10.35 a bushel overnight. Soy meal lost $2.10 to $332.70 a short ton, and soy oil dropped 0.11¢ to 34.02¢ a pound.  
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2. SOYBEAN SALES RISE WEEK TO WEEK; CORN, WHEAT DECLINE

Export sales of soybeans rose week to week, while corn and wheat declined, according to the U.S. Department of Agriculture.
Exporters sold 427,700 metric tons of soybeans for delivery in the 2016-2017 marketing year that started on September 1, the USDA said in a report. That’s up 27% from the previous week but down 23% from the prior four-week average.
China was, as usual, the biggest buyer, purchasing 207,101 metric tons, Indonesia was next on the list at 49,000 tons. Peru bought 33,600 tons, Mexico took 31,800 tons, and Japan purchased 29,800 tons, according to the USDA.
U.S. exporters sold 692,400 metric tons of corn, down 7% week over week and 24% from the previous four-week average, the government said.
Mexico was the biggest buyer at 260,200 metric tons, Japan was next at 132,900 tons, and South Korea bought 119,600 tons. Saudi Arabia took 115,500 tons and Colombia bought 101,800 tons, according to the agency.
Wheat sales for delivery in the marketing year that ends on May 31 totaled 353,200 metric tons, down 22% from the prior week and 28% from the previous four-week average, the government said.
Mexico led with purchases of 64,500 tons, the Philippines was next on the list at 58,100 tons, and Japan bought 56,000 tons. Algeria bought 50,000 tons and Guatemala took 29,000 tons, according to the USDA.
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3. DRY WEATHER INCREASES RISKS OF WILDFIRES IN PARTS OF SOUTHERN PLAINS

Things aren’t looking much rosier in the Southern Plains than they did yesterday with a red-flag warning in effect for much of southwestern Kansas and the Oklahoma and Texas panhandles this morning.
Humidity as low as 12%, winds gusting up to 35 mph, and warm weather make for extremely dangerous conditions, according to the National Weather Service. The red-flag warning, which means conditions are ripe for wildfires, is in effect until 7 p.m. Friday.
“A combination of strong winds, low relative humidity, and warm temperatures will create favorable weather for rapid fire growth and spread,” the NWS said in a report this morning. “Avoid activities that promote open flames and sparks.”

Saudi group to set up Agric City in Kwara

A Saudi based Investment Company, Zain Al-abdin group is ready to set up an Agric City in Kwara State.
The proposed Agric City, which is to be located along the River Niger in Kwara North, will comprise a cluster of farms with a focus on cultivation, processing and export of rice, maize and vegetables.
Chairman of the investment group, Zain Al-Abdin Nafawi revealed  this when he and other members of the group paid a courtesy visit  to  the Kwara State Governor, Alhaji Abdulfatah Ahmed at the Government House, Ilorin.
According to the Chairman, the Agric City will also contain facilities such as schools, hospitals, shops and other associated services.
Nafawi noted that the multimillion dollar which will commence as soon as all paper work is completed has the backing of the Saudi Arabian government which is currently supporting Saudi investors to invest in agriculture across the world, especially Africa.
Responding, Governor Ahmed directed the officials of the State Ministry of Agriculture to meet with the investors to iron out modalities for the commencement of the project.
The governor welcomed the project and expressed delight at the intention of the Saudi businessmen to invest in Kwara State, which he said has a large population of young people who are hardworking and are available to work on the farms and also market the farm produce.
 Governor Ahmed  said the state has all the appropriate facilities including an airport as well as an incoming cargo terminal that has wet storage facilities.
He assured that the government would continue to initiate policies and create enabling environment to attract investors and support businesses in the State.

Food West Africa 2017


All is set for this year’s Food West Africa Exhibition which provides the largest platform for food and beverage companies across the world to meet, network and establish business ties in Africa’s largest economy – Nigeria.
The 2nd edition of this premier event will take place from Wednesday 17th – Friday 19th May, 2017 at Landmark Events Centre, Lagos, Nigeria.
Playing host to over 4200 participants from over 20 countries, Food West Africa remains the largest business – to – business food & beverage industry platform in the region.

Friday, 10 March 2017

REMOTE AG FLEET MANAGEMENT INTRODUCED BY TOPCON


Tierra telematics is being added to Topcon Agriculture’s portfolio of solutions. This solution will increase productivity, reduce fuel costs and emissions, improve machine security, optimize maintenance, and manage equipment utilization.
“The solutions provide access to daily machine run-time reports, with accurate and reliable data. Fuel costs are minimized with real-time reports of idling, engine activity, motion, and labor. Machines are more secure with GeoFence boundaries, curfews monitoring, and instant notifications. Maintenance is improved with service alerts that catch issues before they cause further damage. Machines that are not being used can be easily noted and redeployed on different job sites,” says Fabio Isaia, CEO of Topcon Agriculture.
The on-board hardware device used for fleet management is the Topcon AM53.
“It is rugged enough to perform even in extreme conditions with minimal maintenance needs,” he says. “Firmware updates are automatic, and the user can get instant feedback through diagnostic LEDs.”
Isaia adds that the AM53 takes little space in the cab, is lightweight, and very easy to install. “It offers complete localization features and data logger capabilities, automatically recording timestamp, GNSS position, and relevant CAN data, and periodically transmitting data packages to the server through the GSM network,” he says.
Designed to offer a powerful, on-board processor with up to 50 hours of internal memory, the device allows up to a five-second logging of all parameters when the engine is running and every time the machine status changes.
To provide a basic localization service or the most advanced remote diagnostic solution, Topcon Tierra will be available in a variety of subscription plans to enable the features, such as real-time dashboards and configurable reports, that will best meet the customer’s needs. 
By logging on to the Topcon Tierra website or mobile app, operators can access the server to control the fleet, configure alerts, set GeoFences, run reports, and take advantage of actionable information for better informed decisions and increased efficiency and profitability. 
Learn more by visiting topconpositioning.com.

AGXCHANGE ALLOWS GROWERS TO CONTROL, STORE, VIEW AND SHARE THEIR FARM DATA


A cooperative of growers and an agricultural data nonprofit have agreed to combine their technology platforms and create a vital resource for data-driven agriculture — a neutral, secure, and private data storage repository controlled by growers. The combined platforms will be known as AgXchange and will be an independent data repository commercially available through the Growers Ag Data Cooperative (GADC) where producers can control, store, view, and share their farm data assets.
As a result of dialogues between Grower Information Services Cooperative (GiSC) and the Agricultural Data Coalition (ADC), a neutral, secure, and private data storage repository controlled by growers has been created. Known as AgXchange, it will be an independent data repository commercially available through the Growers Ag Data Cooperative (GADC) where producers can control, store, view, and share their farm data assets.
“After meeting with each other, we realized we were working toward the same end goal, though from slightly different approaches. It was quickly clear that combining efforts would provide substantial benefits and move us all toward the objective of a grower-controlled, independent data storage repository,” says ADC president Ben Craker.
AgXchange is a platform developed through the collaboration of GiSC and ADC. GiSC has a working data storage and visualization platform. ADC developed a data storage and sharing pilot repository, featuring data connections to several precision farming data platforms. The two entities will integrate their complementary platforms to improve functionality and value, improve grower control over their data, and allow growers to share their data with universities and other researchers, in addition to other service providers, if the growers choose to do so.
“The central idea was to use the capabilities and resources of the diverse members of the ADC to establish a centralized, dynamic, but completely neutral, resource,” Craker says. “Any time a grower who has an AgXchange account wants to share their data with a service provider, researcher, or other business interest, they will be able to grant permission if they so choose.”
“GiSC, now recognized as GADC, will fill a need many growers may not have recognized yet — neutral and secure data storage,” says Billy Tiller, the founder of GiSC. He explained that many growers do not currently maximize the opportunities to use their data, while others may use third-party services to do it for them but often unknowingly grant perpetual rights to use their information to the service providers.
“Growers not only need to be able to maximize the use of their data through capturing and sharing data, but they also need to be able to control the use of that data generated on their operations. When a grower gains complete control of his or her data, the grower will then be able to maintain complete control of his or her operation from the present to the future,” says Jason Ward, CEO of GiSC. 
Barely a year old, the ADC is the result of years of planning and coordination by AGCO, Agri-AFC, the American Farm Bureau Federation, Auburn University, CNH Industrial, Crop IMS, Ice Miller LLP, Iowa AgState, Ohio State University, Purdue University, Mississippi State University, University of Nebraska-Lincoln, Raven Industries, and Topcon Positioning Group.
GiS is the only grower-owned data cooperative in the U.S. It is made up of growers across all geographies, commodities, and demographics. The co-op, and the data that resides within the organization, is governed by a board of directors, which is made up of the growers’ peers. GiSC works to protect growers’ data rights as well as provide a secure place to warehouse and share growers’ data. 
Learn more by visiting GiSC.coop. Organizations interested in joining the ADC effort should visit AgDataCoalition.org.

POTENTIAL BIOFUEL CHANGES OFFER WHEAT SUPPORT


Grain markets had some excitement this week when rumors swirled about changes to the Renewable Fuels Standard program. In short, there appeared to be an agreement between the White House, the ethanol industry, and major refiners about who would be responsible for the blending requirement. There was also talk that E15 would be permitted all year and that biodiesel tax credits would only be given to domestic production. While the White House denied there were any changes forthcoming to the program, private industry participants insisted that, indeed, changes were on the way.
Initial market reaction was strongly higher, led by soy oil, which would be the biggest beneficiary if these particular changes were implemented. Corn was right behind, not only to keep up with soybeans but also on the chance that ethanol consumption – and thus corn demand – would move higher. If corn is moving higher, so will wheat.
So, we had a big surge higher on Tuesday morning in reaction to the rumor, only to see most of those gains erased by the close. However, the rest of the week we saw prices claw their way back to near Tuesday’s highs but not able to move above them. Once the trade had time to digest the rumors and to recognize that they were still just rumors, the enthusiasm waned, especially when they looked at the time line of when such changes might be implemented since it takes changes in government policy. And that is not exactly a fast thing.
Wheat did find outside support, however, from yet another Egyptian tender this week, the third tender in two weeks. They ended up buying 535 TMT of Russian, Ukrainian, Romanian, and French wheat with an average price that was about $2.30/MT higher than the previous week. Over the last month, they’ve purchases almost 1.3 MMT of wheat. Talk of slow farmer selling to the Egyptian government and a weak currency have made it difficult for private millers to secure enough wheat for the subsidized bread distribution program, and the government is stepping in to help. Even though harvest is only about a month away, some suggest that Egypt could be in for even more wheat before that harvest begins. 
Our own export sales continue at a healthy pace. Last week, 452 TMT were sold, mostly from the quality hard wheats of hard red winter and hard red spring. Year-to-date export sales for the U.S. are 38% ahead of last year at this time. We’ve also sold 90% of the projections for this marketing year, compared with the 92% average. Last month, USDA increased its projected wheat exports in its supply/demand report. There will be another supply/demand report next week, but the trade is not looking for any notable changes to the trade outlook.
The trade is increasingly looking at weather in the Southern and Central Plains, particularly since the crop is already growing strong up into central Kansas, a good three weeks ahead of schedule. Moisture conditions have been dry across much of hard red winter wheat country throughout the winter, and the next two weeks call for more of the same – along with much above-normal temperatures. It may be too early to predict stress to the crop, but those conditions could create issues by the time late March rolls around.
Crop conditions have shown deterioration in the wheat crop over the last couple of months. Again, it’s still early, but moisture demands will increase significantly if temps stay high. We’ll see how that evolves, and the market will give it some time. But, large traders are already long Kansas City wheat, and if the longer-range forecasts verify, then traders will be quick to add to those positions. If rains show up, then there will likely be a great deal of liquidating, setting up a tricky scenario as we head into growing season.
Technically, we had reversals up on the weekly charts, except for Minneapolis wheat. Corn had an outside week higher as did Kansas City wheat. These are potentially bullish chart patterns that warrant attention, especially as we near the end of the normal seasonal decline time window. Weather will be the main driver, which also has a bullish slant to it. 
THIS IS A SOLICITATION. Reproduction or rebroadcast of any portion of this information is strictly prohibited without written permission. The information reflected herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. In an effort to combat misleading information, Opinions expressed are subject to change without notice. This company and its officers, directors, employees and affiliates may take positions for their own accounts in contracts referred to herein. Trading futures involves risk of loss. Past performance is not indicative of future results.

Agric sector receives N750 billion boost from FG


In line with the Federal Government’s effort geared towards ensuring food sufficiency in Nigeria, a sum of N750 billion has been approved  as Agricultural Intervention Fund.
Acting President, Professor Yemi Osinbajo, who disclosed this at the National Institute for Policy and Strategic Studies (NIPSS) inauguration of the Senior Executive Course (SEC) 39 held in Kuru, Plateau State, expressed that developing the agricultural sector is the pathway to economic resurgence.
“Developing the agricultural sector is a clear starting point of our quest for not only the diversification of our hitherto non cultural economy away from oil, it is also the only economy to grow fast enough to absorb the huge number of people that are unemployed” he said.
Represented by the Deputy Governor of Plateau State, Prof. Sonny Tyoden, Osinbajo noted that the country has over 84 hectares of arable land yet only 40 per cent was cultivated.
He stressed that with over 180 million population, the Nigerian local market is big enough to support optimum agricultural production while providing sustainable livelihood for the citizens.
Meanwhile, the acting Director General of the institute, Jonathan Juma said the theme of SEC 39 “Science, Technology and Innovation for the Development of Agriculture and Agro-Allied Industries in Nigeria” was vital considering the fear being contemplated about possible food shortage in the country, as well as inadequate supply of agricultural raw materials to feed the nascent agro-allied industries in the country.
According to Tyodem, “ human population is increasing exponentially, while climate change with attendant implication for agricultural production is steering us in the face, the option to put in place vibrant and robust science, technology innovation policy is imperative”.

Health Benefits of Almonds


Almonds have been adjudged since time immemorial as one of humankind’s most cherished nuts. They were popular in the diets of ancient Egyptians and Indian populations.
Traditionally, sweet almonds are edible, while bitter ones are used to make almond oil, a common oil that is used to add flavor to food. They are usually eaten raw, but many people also add them as ingredients in salads, casseroles, and other dishes.
The fruit are known  to have great medicinal value. Their good taste, is the main reason why so many people  add them to their diet. Some of  benefits of almonds are given below
Almonds help prevent heart disease and heart attack.
Riboflavin and L-carnitine content in the almonds support healthy brain function
Almonds are a great source of vitamin E  and other antioxidants that nourish the skin   and reduce signs of aging.
Almonds help control blood sugar levels and prevent diabetes.
They help with weight loss and prevent overeating.
They contain gamma toco -pherol  a type of vitamin E  that acts as a powerful antioxidant fighting free radical damage and oxidative stress that can cause cancer.
They are good sources of the trace minerals like magnesium and phosphorus, crucial nutrients for building and maintaining strong and healthy bones.
Almonds contain pro-biotic components that can help with digestion.