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)
Friday, 7 April 2017
3 BIG THINGS TODAY, APR 7
1. GRAINS, SOYBEAN FUTURES HIGHER OVERNIGHT ON BARGAIN HUNTING
Grain and soybean futures were higher as investors seeking bargains jump into the markets.
With little fundamental news to trade, those seeking to get into the agriculture markets are taking advantage of the current low prices.
Wheat prices were higher despite a storm in the Southern Plains bringing much-needed rain to the region.
Sales of U.S. corn to overseas buyers since the start of the marketing year on September 1 are up 51% year over year, and soybean sales have risen 24% vs. the same time frame a year earlier, according to the Department of Agriculture.
Wheat sales since the start of the grain’s marketing year on June 1 are up 37% compared with the prior-year period, USDA data show.
Corn futures for May delivery rose 1¾¢ to $3.59½ a bushel overnight on the Chicago Board of Trade.
Soybean futures added 1¾¢ to $9.73¾ a bushel. Soy meal rose $1 to $316.30 a short ton, and soy oil gained 0.04¢ to 32.51¢ a pound.
Wheat futures for May delivery rose 2¼¢ to $4.26¾ a bushel in Chicago. Kansas City wheat gained 2½¢ to $4.26½ a bushel.
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2. USDA LIKELY TO BOOST ACREAGE FORECASTS ONLY SLIGHTLY FROM OUTLOOK FORUM
The U.S. Department of Agriculture is expected to raise its forecasts for corn, soybean, and wheat acreage in its Prospective Plantings Report this week.
The USDA like will peg corn acreage at a shade under 91 million acres, analysts polled by Reuters said, down from a prior projection at its annual Outlook Forum conference of about 90 million.
Soybean acreage is seen at about 88.2 million, little changed from the previous forecast for 88 million, Reuters said.
Wheat acres will probably be pegged at 46.1 million, also little changed from the 46 million estimated at the Outlook Forum.
Reuters also said the USDA will peg stockpiles of corn at 8.53 billion bushels, up from 8.21 last year, while soybean inventories will increase to 1.68 billion from 1.63 billion. Wheat carryout will jump to 1.63 billion bushels from 1.37 billion a year earlier.
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3. STORMS WILL CONTINUE IN SOUTHERN PLAINS, HELPING HARD RED WINTER WHEAT
Thunderstorms are expected to continue in the Southern Plains this week, bringing much-need moisture to the region, the National Weather Service said in a report Wednesday morning.
The storms have been dropping rain in the area, which hadn’t seen any precipitation for the past 30 to 45 days, curbing prospects for hard red winter wheat.
It’s likely the storms will continue for several days, which is good news for wheat growers and for firefighters battling several blazes caused by the dry conditions.
“Thunderstorms will be possible across portions of the panhandles Friday night through Monday,” the NWS said. “Some of the storms may get strong with hail and gusty winds possible. However, no widespread severe weather is expected at this time.”
DRONEDEPLOY RELEASES ITS THIRD INDUSTRY TRENDS REPORT
In its third Commercial Drone Industry Trends Report, DroneDeploy takes a look at the growth in commercial drone adoption in the past year. The report also explores trends in drone hardware, the economic impact of drone mapping, and usage of drone data.
According to the report, DroneDeploy users say drone mapping has become an integral part of their workflow with 60% creating drone maps at least once a week. The report also noted that the multirotor drone is the platform of choice; 97% of drone mapping is performed with this drone rather than a fixed-wing device. In fact, fixed-wing drone use, the report says, continues to decline and hovers at around 3%.
In addition, 84% of drone mapping is done with drones that cost $1,500 or less.
“More businesses are adopting drones to capture data across industries such as agriculture, construction, surveying, mining, and more,” says DroneDeploy CEO Mike Winn. “It’s clear that as our users experience greater productivity and ROI, they – in turn – are increasing the frequency of drone mapping and further integrating drone data into day-to-day business operations.”
Many drone hardware companies have come and gone in the last year, and new ones like Autel and Yuneec are working hard to make a name for themselves in the space. However, DJI and senseFly are still the leaders in the industry and make up a significant percentage of the DroneDeploy user base.
The top drones include:
- DJI
- senseFly
- 3DR
- Parrot
- Autel
The report also notes that 20% of DroneDeploy users are flying multiple drones. That number is expected to increase going forward.
The DroneDeploy App Market, which was launched in November 2016, is a one-stop shop for cloud-based drone data analysis. With more than 30 apps available, DroneDeploy users can access tools such as Autodesk and MyJohnDeere.
Apps at the top of the list for agriculture include:
- AgriSens
- PDF Annotation
- KML & SHP Import
- Tensor Flight
- Skymatics
While DroneDeploy says it’s difficult to determine the exact economic impact drones are having on local and national economies, it estimates DroneDeploy users have generated more than $150,000,000 in economic value with the over 10 million acres mapped.
Click on the link to view the entire Commercial Drone Industry Trends report.
Tree felling to attract jail term or N500,000 in Niger state
The governor of Niger state Abubakar Sani Bello introduced jail term or N500,000 fine for illegal tree felling in the state.
The governor who gave the warning in Mashegu Local Government, during his tour of the 25 councils of the state said lives and properties are lost every year across the prone areas in the state.
Bello added that the felling of these green resources posed a threat of global warming and this has necessitated stringent laws against deforestation.
He, however, noted that the fine was not against existing legislation banning tree felling in the state.
Bello also promised to assist law enforcement agencies with necessary logistics to enable them tackle the menace and also collaborate with the federal government to make the forest reserve safer.
Cellulant set to launch Agrikore
Africa’s leading one-stop payments and digital commerce service company, Cellulant is set to launch its new innovation for the continent’s agricultural space, Agrikore.
Speaking in an interview with Agro On Tv, Cellulant Chief of Operations Network, Mr. Sanmi Akinmusire, said Agrikore is a platform designed to power agricultural transformation across Africa.
“Basically, it is also a platform that connects everybody to everything within the agricultural sector, what we are doing with this platform is that we are improving the lot of the farmer. We are connecting the different layers of agriculture that before now have always been fragmented”, Akinmusire stated.
He explained that the platform will help an off taker to easily interact with the farmers, policy makers and other relevant stakeholders in the sector.
“This platform is not just about farmers , it’s about the off takers, the input suppliers, the financial institutions, the development organizations who wants to offer support to the farmers, it’s also about the government. It’s not something that is focused on the rural areas alone, it’s a platform for everybody within the agricultural space” he said.
He said that the platform will ensure more transparency and credibility and will encourage active participation in the sector.
He informed that the platform will be launched officially at the Feed Nigeria Summit.
“So we are excited about it and we are looking forward to it being the one stop shop for agricultural development within the country”, he added.
KWARA ASSEMBLY INTERVENES AS PEST INVADES FARMS
The Kwara State House of Assembly has enjoined the state government to draw the attention of the federal government to the invasion of farms by pests in the state, with a view to collaborating with the International Institute of Tropical Agriculture in combating the problem.
This is part of the resolutions of the House while considering a motion titled “Invasion of Crop Farms by Pests in Kwara State” sponsored by a member representing Kaiama/Kemanji/ Wajibe Constituency Ahmed Ibn Mohammed.
Reading the resolutions of the House, the Deputy Speaker, Mathew Okedare who presided over the sitting, said the need became imperative, in view of the huge loss of farm produce due to the invasion.
The Legislature equally urged the state government to assist the affected farmers, through provision of pesticides to forestall reoccurrence in the State.
Mohammed had while raising the motion, narrated the ordeal of the affected farmers since last year, pointing out that most of them took bank loans to embark on the farming and appealed to the house to call on the relevant authority to wade in with a view to finding enduring solutions to the problem.
Other members who spoke on the motion among other things identified the causes and called for appropriate pro-active measures, from the state government to tackle the problem once and for all.
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