West of the Missouri, 60 Days Makes A Difference.
April and May Weather Changes The Outlook On the Great Plains.
Changing
weather and market conditions on the Great Plains and North America.
Agriculture turns upbeat.
1. The winter
wheat crop on the Great Plains is 150% to 175% above average in
western Kansas due to spring rains.
Russell, KS,
Test Plots, Winter Wheat, Oklahoma, Kansas, Texas and Free
Enterprise varieties, Qty. 10.
2.
The Dynamic Weather Pattern, tornados and Big rains occurred in
Western Kansas at Hugoton and Garden City allowing
annual cropping of Dryland Corn rather than Milo. The drought
is broken for sure with flooding in Texas and Oklahoma.
3. Kansas tornados forming up
May 24, 16.
A total of 28 tornados formed up without loss of life.
4. The dollar has weakened for $1.46
Canadian to $1.30 Canadian.
5. All commodities including oil have
rebounded in the last two months. Up to 150% gains. Inflation is
beginning to show up and
therefore higher interest rates are coming.
6. Export demand has picked up with China
ordering large supplies of Corn and Soybeans on Thursday and Friday
May 26
and May 27.
7.
Soybeans are close to $11.00 per bushel (up from $9.00 per bushel)
primarily due to the reduction of the Argentine crop the
reduction of Canadian producers in Canola acres.
8. Corn is now $4.11 per
bushel, Tuesday, May 31 (up from $3.50 per bushel)and above
breakeven point.
Export and consumption in Ethanol production is gradually decreasing the supply.
9. Lower cattle prices
with high quality grazing and moisture laden pastures which have had
ample rains mean more breeding
heifers are retained to increase the cattle herd
size…and the eventual demand for Corn and Distillers Grains will
increase,
about 18 months out.
10. Exported Corn produces many
jobs. About 332,787 people are directly employed in the production,
transportation, processing
and handling of corn for export. Over 30% of
the American economy is directly related to Agriculture.
A corn
growers study found every $1 in grain and grain product exports
generates an additional $3.23 in business sales across
the nation.
11. Interest rates remain
low. Agricultural land values could actually stop declining and
increase in late 2016 as positive cash flow
shows in the farmers budget.
12. Farm Credit and Ag
Bankers say they can handle the farmers loss of equity for a few
more years. No bailout is foreseen.
Independent Ag Bankers continue to hammer
Farm Credit and their ability to operate for about 2% less interest
rate costs to
producers. Senator Pat Roberts feels crop
insurance is the critical difference between today’s farm economy
and the farm
economy of 30 years ago. Bankers are
willing to lend with crop insurance in play.
13. The Knee Jerk reaction…West,
Texas Explosion is a security issue and not a safety issue.
Announced this last week, OSHA regulations and
memorandums of process control for NH3 retailers will be dropped
based on
a new HR-5213 bill in Congress, promoted and
sponsored by Adrian Smith of Grand Island, District 3, Nebraska.
Ammonium Nitrate kills 15 people April 17, 13,
about 18 miles north of Waco, TX.
On May 11, 2016, the Bureau of Alcohol, Tobacco, Firearms and
Explosives said that the fire had been deliberately set.
https://en.wikipedia.org/wiki/West_Fertilizer_Company_explosion.
14. Anhydrous Ammonia remains the largest
segment of the nitrogen market, NH3 is the most efficient
material when directly applied to the land. NH3 has a tremendous
economic advantage over Urea, Solution 32 and Ammonium Nitrate.
John Hay of UNL reports that, “ Anhydrous has the lowest Green House
Gas emissions when produced in the North America since almost all of
the NH3 is produced in the US, Canada and Mexico has a Natural Gas
input…rather than coal which is used primarily in Chinese production
of NH3.
John Hay says, “Anhydrous Ammonia is the lowest energy form of
synthetic N fertilizer.” NH3 directly applied is much more efficient
than Urea or Solution 32, and Ammonium Nitrate is extremely
inefficient.
15. Exactrix
TAPPS is stable Tri-Ammonium Poly Phosphate Sulfate, and holds
nitrogen in place based on 8 to 10 inch
rainstorms in Kansas.
Bert Bock of Tessenderlo Kerley Inc reports on Exactrix TAPPS and
Soil Samples taken May 17, 16. “ Approximately 6 weeks after
application (approximately two weeks after the large rainfall
events), significant nitrogen remained as ammonium (60 lb ammonium
N/Ac in the top 10 inches and 165 lb/Ac in the top 40 inches).
Approximately two weeks earlier when the large rain events occurred,
even more of the inorganic nitrogen likely remained as ammonium.
There was no control without Thio-Sul®; however, the 4 gal Thio-Sul/Ac
(11.6 lb S/Ac) co-banded with 180 lb anhydrous ammonia N/Ac and 6
gal APP/Ac likely contributed to the slow nitrification of the AA
bands and helped reduce nitrate leaching.
It certainly appears that additional applied N is not needed in this
growing season unless additional large N loss events occur.
Thanks for alerting me to this very interesting situation.
If the N had been broadcast as urea or UAN, it likely would have
nitrified much more rapidly than the AA bands with ATS and much less
N would have remained in the top 40 inches of soil after the large
rains.”
Bert Bock,
TKI
Strip Till Without The Tillage. Irrigated corn
production, 20 inch row spacing, Banded with Mustang Tool Bar. Dryland banding of delicate wind blown soils. Banding on 20 inch
centers for the planter pass on top or to the side. Indexed to the
plant root system.
Banding marks indicated at about 2 inches to the
side and 6 inches deep with Mustang openers. Cereal Root Access is
superior with Mustang Openers. Pre-plant banding TAPPS with Exactrix
Mustang openers installed on strip till tool bar, DMI, early March
2016.
Saline River at flood stage, Russell, KS, May 25,
16 and more rain coming.
No-tillage producer David Reisig reports record yield potential of
winter wheat.
Reisig supplies certified and registered seed across the Great
Plains.
Foundation seed is used to generate most of the varieties.
New winter wheat varieties Oakley and Double Stop look very good.
Dodge City, Kansas, May 23, 16. Kevin and
Denton Durler.
Banding NH3 at 300 psi at 120 lbs. N per acre with Exactrix Mass
Flow, Series 3 Laminator, formulating TAPPS on the go.
Exactrix 2KC Series 3, Mass Flow, Weigh Master/
Laminator. Anhydrous Ammonia has changed forever with liquid flow
and 300 psi injection pressure of NH3. Single disc openers are ideal
for terraces leaving a good seedbed for the single disc drill.
Go Fast Video. Exactrix Banding Tool bars.
At 9 mph, single disc Deere 2510 Exactrix TAPPS Side dressing small
corn at North Bend, Nebraska, Tim and Randy Reznicek.