Red River Farm Network News
DuPont Expecting Lower Earnings — DuPont says it is expecting lower earnings from its Pioneer brand seed business in the 2014/15 year due to lower corn acres as farmers plant more soybeans. DuPont executive vice president for agriculture James Borel says if the current market conditions persists, the shift towards more soybeans will have a negative impact on DuPont’s bottom line. DuPont’s second quarter profits rose 3.9 percent though operating earnings fell due to lower profits from its seed business.
ND Organic Board — North Dakota Agriculture Commissioner Doug Goehring has appointed John Dockter and Annie Carlson to the North Dakota Organic Advisory Board. Dockter is an organic and conventional farmer from Dawson and Carlson is a specialty crop producer from Mercer. Dockter and Carlson join seven others who were reappointed for two year terms to the Organic Advisory Board.
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Blackleg, White Mold and Clubroot — North Dakota State University extension plant pathologist Sam Markell is reminding canola growers to be on the lookout for several diseases. “Blackleg is the first one. White mold is the second one. People know those two pretty well. Clubroot is the third one. We found the first field in North Dakota last year at the end of the season. Clubroot’s nasty. It can cause some significant yield loss.” Markell says because Club Root is a soil borne pathogen it moves slowly. “With dirty equipment and moving equipment from field to field, we can move that pathogen around.”
Food Grade Soybeans Are a Good Fit — Moorton, North Dakota farmer Brett Johnson says food grade soybeans are a good fit in their rotation. “We’re about half soybeans and half corn. Of the soybeans, about one-third are food grade soybeans. There’s a price premium. It’s a conventional bean, so the chemical resistance is less of an issue because you’re able to use some different chemistries on beans.” He says his crops have perked up with the recent warmer temperatures. “They’ve really come around. The maturity is a little bit behind, but they look a lot better than they did two or three weeks ago.”
A Quick Turn From Winter Wheat to Spring Wheat — Grand Forks, North Dakota-based custom combiner Kent Braathen is cutting wheat near Onida, South Dakota. "They've got a really good crop here." The wheat in the Onida area is ahead of the rest of the state. "Someone asked me the other day how long it would be between the winter wheat and the spring wheat and we said it would be about two hours; it will come on right away."
Barlow #1 Wheat in ND — For the third straight year, the National Ag Statistics Service says Barlow is the leading spring wheat variety in North Dakota. Barlow was planted on 15.7 percent of the spring wheat acres. Prosper is second with 11 percent of the acres; SY Soren ranks third with 10.4 percent of the acres. Faller is fourth with 8.8 percent and Glenna ranks fifth with 8.2 percent of the acres. Divide is the favorite Durum for the sixth consecutive year with 37 percent of the State’s 870,000 acres planted. Alkabe and Mountrail rank second and third. Jerry is the top winter wheat planted in the state, with just over 25 percent of the state’s winter wheat acres. Decade and WB Matlock rank second and third.
Basis Improvements Not Likely in the Short-term — Just as railroads are making progress on past-due railcars, country elevators are seeing the cost of cars for the new-crop harvest rise. "They're ranging anywhere from a couple thousand bucks to as high as $4,000," said Carrol Duerr, general manager, Colfax Farmers Elevator, "That's what ends up in the basis levels because we're paying premiums above and beyond the normal rate to get that freight." At $4,000 per car, Duerr says that equates to almost $1 a bushel.
Heitkamp Challenges CP to Release More Detail About Shipping Delays — North Dakota Senator Heidi Heitkamp has sent a letter to Canadian Pacific Railroad President and CEO Hunter Harrison, seeking details on the current agriculture shipping delays. With harvest fast approaching, Heitkamp is concerned about the ability of the current grain storage and delivery system to handle more rail service problems. While CP has released broad information, Heitkamp is asking the railroad company to provide more specifics about the issues in North Dakota.
Disaster Declaration Granted — President Barack Obama has signed a disaster declaration for parts of Minnesota. This designation impacts eight counties in southern Minnesota, who faced severe storms in June and July. The federal government will now assist in the recovery effort.
Good Report for Soybean Checkoff — Emerado, North Dakota farmer Jared Hagert is home from a recent United Soybean Board meeting in Hershey, Pennsylvania. The USB treasurer says the Board heard a good report on the Return on Investment of the soybean checkoff. “We heard that the return is $5.20 for each dollar invested since the beginning of the checkoff.” Despite the big jump in soybean acres this year, Hagert says that doesn’t necessarily meant the USB’s budget will increase. “It means more opportunity for collection of checkoff dollars. But, a change in demand has a bigger effect on our budget by raising prices than just having more supply.”
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Sharpen Gains EU MRL — The European Union has been approved the Maximum Residue Limit, or MRL, for Sharpen on dry beans. BASF technical service representative Ken Deibert says the industry has been working on this EU approval for over three years. "Sharpen herbicide has been labeled on a number of crops for pre-emergence and pre-plant," said Deibert, "With this exciting news, there is the opportunity to apply Sharpen as a harvest aid or desiccant for dry beans and soybeans."
New Headquarters for Wilbur Ellis Agribusiness Division — The agribusiness division of Wilbur-Ellis is moving its headquarters to Denver. Currently, this division is located in Walnut Creek, California. The move, which should be completed by the beginning of 2015, will bring Wilbur-Ellis closer to its core markets.
Fillaus Joins Wheat Growers — Wheat Growers has hired Mike Fillaus as the agronomy sales manager for the cooperative’s southern trade area. He will also initially manage the Stickney, Kimball and Chamberlain agronomy sales teams.
CFTC Member Announces Retirement — Steve O’Malia has announced his intentions to resign from the Commodity Futures Trading Commission. O’Malia, who is a Republican, is the longest-serving member of the current CFTC panel, having served four years on the job.
Melroe Portrait Added to Memorial Wall — Former North Dakota Stockmen’s Association President Stan Melroe will have his portrait added to the Stockmen’s Memorial Wall. This honor comes after family and friends offered memorials in Melroe’s name to the North Dakota Stockmen’s Foundation. Melroe died this past spring. The Gwinner rancher was president of the organization from 1994 to 1996 and received the Top Hand award in 2001.
Last Week's Trivia — Since 1966, the Minnesota Vikings training camp has been located in Mankato. Joseph Stinar of USDA's Risk Managent Agency scored first and is our weekly trivia winner. Ronald Lanctot of ADM Crop Risk Services, Bob Lebacken of RML Trading, Jason Evenson of Betaseed, and Dean Nelson of Kelley Bean Company earn runner-up honors. The trivia 'first 20' includes Josh Tjosaas of Northland Farm Business Management, Scott Roemhildt of Minnesota DNR, UM student Chelsea Vilchis, Bruce Trautman of Ralco Nutrition, Peter Scheffert of Farmers State Bank, Kyle Rollness of Bayer CropScience, Adam Axvig of the Minnesota Agri-Growth Council, Tim Schumacher of Mycogen Seeds, Dave Vilmo of AgCountry Farm Credit Services, Brian Rund of Nufarm, Greg Guse of Paulsen Marketing, Dave Hiniker of Hiniker Farms Inc., Cokato farmer Harlan Anderson, Minnesota Farm Bureau board member David Van Loh and Peterson Farms Seed intern Bailey Holzbauer.