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May' 2012

2012 Farm Program Sign-up

Eligible farm operators and land owners have until June 1, 2012, to enroll in the 2012 DCP farm program at County Farm Service Agency (FSA) offices, including the ACRE program for 2012. As of early May, only about half of the producers were enrolled in the 2012 DCP farm program in many counties. Producers must enroll in the 2012 DCP farm program in order to receive direct payments for 2012 on eligible crop base acres, as well as other program benefits. [ read more ... ]

 

Planting Nearly Complete

Across Southern Minnesota and Northern Iowa, nearly all the intended corn is planted, and over 90 percent of the soybeans were planted as of May 18. Most of the corn and many of the soybeans that are planted in this region have emerged, and stands look fairly good. However, strong winds on May 17 and 18 in Southern and Western Minnesota caused considerable blowing dirt, which did cause some crop damage to newly emerged corn and soybeans. In addition, the intense thunderstorms during the first week of May caused considerable soil crusting in some areas, which has lead to emergence problems for corn and soybeans that were just planted prior to the heavy rainfall events. In the most severe locations, portions of fields were replanted due to the soil crusting, as well as due to drown-out damage in low areas of fields resulting from excess rainfall. [ read more ... ]

May 10 USDA Reports

The USDA Crop Production and World Agricultural Supply and Demand Estimates (WADSE) Reports released on May 10 were regarded as “bearish” for the corn market and “bullish” for the soybean market in the coming months. Corn stocks are expected to double by the end of the 2012-13 crop marketing year, while the ending soybean stocks are expected to be at the tightest level on record by the end of the 2012-13 marketing year, which runs from September 1, 2012 to August 31, 2013. Following are some highlights of the latest USDA latest USDA WADSE and Crop Reports : [ read more ... ]

 

Too Much Rain

It’s hard to believe that in less than a ten day time period we can go from concerns over drought to excess rainfall, which is causing flooded fields in some areas. That is exactly what has happened dung the last few days of April and the first week of May in some parts of Southern Minnesota. Much of the rain came as part of intense thunderstorms with heavy downpours that caused some flash flooding, and featured strong winds and large hail in some areas. The wind and hail did cause some isolated building and property damage in rural areas, but had very minimal impact on the newly planted crops. [ read more ... ]

 

2012 ACRE Program

Producers that previously enrolled in the ACRE for the 2009, 2010 or 2011 crop year will be enrolled in ACRE for 2012, provided that they sign-up for the 2012 Farm Program at County FSA offices, and meet all other program criteria. Other producers can enroll in ACRE for 2012 when they sign-up for the 2012 Farm Program, or at anytime until June 1, 2012. ACRE enrollment does require a signature from landlords on cash rental farm units, and results in a 20 percent reduction in direct payments for 2012. Producers are encouraged to analyze situations and scenarios that are more favorable for ACRE enrollment for 2012, as compared to continuing with the traditional DCP farm program. [ read more ... ]