Most crop producers cash in.At a recent seminar it held for its land-owner clients, an executive of one of the nation's largest professional farm management firms presented an analysis showing many ag producers made a lot of money from the 2006 crop. And he meant A LOT of money--almost more than a 10-fold increase over 2005! His report showed that a typical 1,000 acre corn/ soybean soybean, soya bean, or soy pea, leguminous plant (Glycine max, G. soja, or Soja max) of the family Leguminosae (pulse family), native to tropical and warm temperate regions of Asia, where it has been producer netted $32,000 for their 2005 crop. With today's corn selling for $3+/bu. and soybeans at $8/bushel, that same producer probably netted $325,000 for their 2006 crop. Of course, that was before the increased costs they face this year, including a nearly doubling of fertilizer prices, an anticipated 20% increase for seed/traits, and significantly higher land rental rates. But, even with those increased costs, it is expected agri-marketers will have an economically strong customer base in which they can operate to provide products and services for the 2008 planting season. LATE SUMMER IS THE BEST This is a great time of year for those of us who are close observers of the industry. The summer issues of the ag publications are now out, brimming with ads, from marketers of seed, traits, crop protection, equipment and other providers, staking their turf and making their statements. One astute veteran reports it is interesting to see the trait suppliers are now laying claim of producing the healthiest set of corn roots in the country. He likened it to the days when that fight that was being fought among suppliers of chemical insecticides. Visible proof of how technology, and times, have changed. NEXT MONTH An in-depth look at one the industry's miracle products: Atrazine atrazine a triazine herbicide; it is not poisonous at levels of intake likely to be encountered in agriculture. atrazine Toxicology A nonphytoestrogenic herbicide. See Phytoestrogen. . Nearly five decades old and still being used on over 70% of the U.S. corn acres! AM THIS MONTH IN AGRIMARKETING Five Years Ago (2002) * Bunge acquires 55% of Cereol, a leading oilseed oilseed the seeds of the linseed plant, rapeseed or canola, peanut, safflower (Carthamus tinctorius); biproduct oils from seeds include corn, grapeseed, olive, sesame, sunflower. processor that in North America owns Central Soya and Canadian-based CanAmera. * Nat'l Corn Growers Assoc. names Jon Doggett VP, Public Policy. He had been with the American Farm Bureau Federation The American Farm Bureau Federation (AFBF) is a nonprofit, nonpartisan organization dedicated to promoting, protecting, and representing the interests of U.S. farmers. More than five million members in 50 states and Puerto Rico belong to the AFBF, making it the largest U.S. . * Ayers Advertising/Marketing and Kahler & Co. merge to create Ayers Kahler, to be headquartered in Lincoln, NE. Ten Years Ago (1997) * ABS Global announces it has cloned the first cow. * DuPont announces it will acquire 20% of Pioneer Hi-Bred Int'l stock. * DeKalb acquires certain assets of Custom Farm Seed. * Merck and Rhone-Poulenc merge their animal health and poultry genetics businesses to form Merial Ltd. * ADM See add/drop multiplexer. (language) ADM - A picture query language, extension of Sequel2. ["An Image-Oriented Database System", Y. Takao et al, in Database Techniques for Pictorial Applications, A. Blaser ed, pp. 527-538]. acquires 45% of United Grain Growers United Grain Growers, or UGG, was a Canadian grain distributor. Founded in 1906 in Winnipeg, UGG was active in grain sales, crop inputs and livestock production services. , Winnipeg, MB. Twenty Years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. Ago (1987) * White and New Idea are consolidated by their parent company, Allied Products Corp., to form White-New-Idea Farm Equipment Co. Ronald Hottes is name Pres, Tom Kinzebaw is VP, Sales and John Peterson is VP, Mktg. * Parent company Sandoz consolidates its seed brands, N-K N-K Newton-Kantorovitch Algorithm , Stauffer Seeds and Pride to create one brand--the New Northrup-King. * Gene Hemphill joins Ford New Holland as Mgr N.A. Publicity. He had been with the American Sheep Producers Council. * BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California) BASF Badische Anilin und Soda Fabrik (German chemical products company) BASF Builders Association of South Florida acquires worldwide rights to Blazer herbicide from Rohm & Haas. Lynn Henderson Publisher |
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