BASF Ready for Engenia Approval

Cindy Zimmerman

fps-16-basf-fellowsAll the pieces are in place for the most technologically advanced dicamba formulation to control broadleaf weeds in dicamba-tolerant crops – all that is needed is federal approval.

Engenia herbicide is just getting ready to be coming out from registration,” said BASF Manager of Technical Marketing Dr. Gary Fellows during an interview at Farm Progress Show last week. “I can’t give an exact date but we’re hearing a lot of positive things out of the EPA and we expect it soon.”

BASF has been doing a lot of work with Engenia since the company first started talking about it in 2012 and much of that has focused on proper stewardship and use of the product. That includes everything from determining how Engenia works with other herbicides to the best ways to apply it. Fellows says the product will include very specific instructions. “It will say specifically these are the two nozzles that are allowed to be used,” he said. “It will tell you what exactly you can put in your tank with Engenia to avoid changing the droplet spectrum.”

Learn more in this interview: Interview with Dr. Gary Fellows, BASF

2016 Farm Progress Show Photos

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Coverage of the Farm Progress Show is sponsored by New HollandCoverage of the Farm Progress Show is sponsored by BASFCoverage of the Farm Progress Show is sponsored by Growmark
Audio, BASF, Crop Protection, Farm Progress Show

Latest Bayer offer to Monsanto

Chuck Zimmerman

bayer-logoHere’s the latest update on the proposed Bayer acquisition of Monsanto with published statements from each.

From Bayer:

Bayer confirms advanced negotiations with Monsanto concerning a proposed transaction. While key terms and conditions have not yet been agreed, Bayer would be prepared to provide a transaction consideration of USD 127.50 per Monsanto share only in connection with a negotiated transaction. There can be no assurance that the parties will enter into an agreement.

The proposed transaction would be subject to regulatory approval and other customary closing conditions. The key conditions of a definitive transaction agreement must be approved by the Supervisory Board of Bayer AG.

For more information please visit: www.advancingtogether.com

From Monsanto:

monsantoMonsanto Company (NYSE:MON) confirmed it has been engaged in constructive negotiations with Bayer AG, during which it has received an updated non-binding proposal for a potential acquisition of Monsanto for $127.50 per share in cash. Monsanto is continuing these conversations as it evaluates this proposal, as well as proposals from other parties and other strategic alternatives to enable its Board of Directors to determine if a transaction in the best interests of its shareowners can be realized.

Monsanto will have no further comment at this time. There is no assurance that any transaction will be entered into or consummated, or on what terms.

Agribusiness, Bayer

BASF Holds Global Press Conference – #ShapeAg16

Chuck Zimmerman

Marcus HeldtIn Ludwigshafen, Germany, BASF held a global press conference for journalists from all over the world. We started out at the BASF Conference Center before going to the BASF Agricultural Center in Limburgerhof for breakout sessions on IT-solutions (Maglis), a tour of the R&D Center and overview of Revysol, a new benchmark in disease control.

During the morning press conference we heard from Markus Heldt, President of BASF Crop Protection, who delved into some specifics on ways BASF is creating new products of different types like fungicides, herbicides, insecticides and more. “We are in a strong position to offer our customers solutions to meet their specific demands,” said Heldt. “Our portfolio, pipeline, ability to move fast and to understand farmers’ needs give us a solid competitive position. The agrochemical market is evolving and we are actively pursuing opportunities arising from ongoing merger efforts to increase our footprint and value offer.” At the event, the company highlighted its latest innovations for farmers and its strategy for future growth while also discussing the current transformations and challenges in agriculture.

You can listen to Markus’s speech here: Markus Heldt, BASF, Speech

BASF Global Press Conference Photo Album

Agribusiness, Audio, BASF

Meet Arkansas Farmer & New USSEC Vice Chairman

Jamie Johansen

ussec-16-72-editedCorn, soybean, rice and cotton farmer, Derek Haigwood, is the newly elected vice chairman for the U.S. Soybean Export Council (USSEC) and calls Arkansas home. I met up with Derek during the 2016 U.S. Soy Global Trade Exchange to learn more about the organization and how he plans to serve.

Derek said he is honored to work hand-in-hand with USSEC Chairman and CEO developing strategy, longterm strategic plans and doing their best to serve the U.S. soybean grower. “USSEC was founded by the American Soybean Association (ASA) and the United Soybean Board (USB) because there was a need for an international marketing firm that would be in control of finding buyers for U.S. soy and taking U.S. soy producers and connecting them to each other.”

In our current market one of the most important things is that connection between buyer and seller. Looking into his service on the Board, Derek said, “We want to develop new relationships and focus on maintaining and enhancing the relationships we have right now.”

The number of relationships built and/or rekindled throughout this global trade event were seen around every corner. Derek said it does wonders to simply sit across the table with someone interested in U.S. soy, get to know each others needs and “make sure we are doing our part to expand the U.S. soybean chain.”

Listen to my complete interview with Derek here: Interview with Derek Haigwood, USSEC Vice Chairman

View and download photos from the event here: 2016 US Soy Global Trade Exchange Photos

Ag Groups, Audio, Exports, Soybean, USSEC

#FarmProgressShow Showcases Camso Ag Tracks

Kelly Marshall

Camso When you pick out a new piece of equipment you might think of a lot of things, but maybe how the tracks were made isn’t one of them. Eric Blondeau with Camso is saying maybe it should be. Camso designs tracks for many of the top equipment companies and his team takes their job very seriously.

Growers need tracks that are durable and dependable, but they don’t want to sacrifice the quality of their soil either. Camso has built a track, and a reputation, on providing both. They start with a unique process to build the tracks. None of the competition is doing anything even remotely similar.

“We always compare ourselves to what is out there, and when we do compare ourselves we see 30 to 40 percent cost per hour reduction for farmers.  So really, they’re going to end up with a lot more money in their pockets in the end.  How we do that?    It’s through our unique process that involves making sure all the components we put in the tracks are going to stay exactly where they are supposed to.”

This year they’ve bested their toughest competitors. The new Roading track lasts 20 percent long on roads than the previous generation of Camso tracks. That’s a pretty significant increase. “The best just got better,” Camso representatives told me.

But it wouldn’t be the best without their careful attention to the impact in the field. Camso has their own team of agronomists testing for what you really want to know; will this make a difference? They study the effect of ground pressure, then the design team works carefully within those limits when they create the tracks. They even have a program, Profit from the Ground Up (PGU) that looks at the advantages of tracked systems. They estimate a track system can pay for itself in the first year.

Camso kitSince every vehicle in the field makes a difference, Camso is also rolling out a new addition, the Camso Conversion Track System (CTS) for tractors. The CTS features increased mobility and flotation for better performance in soft ground conditions as well as reducing ground compaction and pressure by more than 65 percent. It represents the simplest conversion track system on the market.

Of course, Blondeau notes, its easy to make a claim, which is why the team at Farm Progress was inviting growers to bury a bucket with a hole in the bottom. Fill the bucket with water, then record the time it takes to soak into the soil. By repeating this experiment in an area of the field driven over with regular tires, untouched ground, and tracks you can get an idea of how water and nutrients are reaching the roots.

To learn more about Camso, listen to my interview with Blondeau here: Interview: Eric Blondeau, Camso

2016 Farm Progress Show Photos

Coverage of the Farm Progress Show is sponsored by
Coverage of the Farm Progress Show is sponsored by New HollandCoverage of the Farm Progress Show is sponsored by BASFCoverage of the Farm Progress Show is sponsored by Growmark
Agribusiness, Audio, Farm Progress Show

ZimmCast with @NHAgriculture Chun Woytera

Chuck Zimmerman

ZimmCast 522During the Farm Progress Show I got to spend time with Chun Woytera of New Holland. Like so many people I’ve worked with over the years with this company Chun just “gets it” when it comes to how important brand passion, team work and customer satisfaction are when conducting marketing campaigns. Chun’s comments should be required listening for agrimarketers of all levels!

chunChun is relatively new to the position of Senior Director of Marketing for New Holland North America, but she has been with the company for nearly two decades in a variety of different capacities. She has brought a new perspective to the marketing segment of New Holland and is enjoying the challenge. It was great to be able to work with her at Farm Progress Show and get to know her a little better.

Learn more about Chun in this week’s program: ZimmCast with Chun Woytera, New Holland

Subscribe to the ZimmCast podcast here.

2016 Farm Progress Show Photos

The ZimmCast

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The ZimmCast podcast is sponsored by GROWMARK
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Audio, New Holland, ZimmCast

How Long Before Autonomous Tractors are on the Market?

Chuck Zimmerman

zp-nh1Our latest ZimmPoll asked the question, “How important is immigration/farm labor to election?”

This is really a pretty easy one to guess the results to. Somewhat to Very Important got about 84% of the votes. It certainly is an issue for debate in our upcoming Presidential election.

Our new ZimmPoll is live and asks the question, How long until we have autonomous tractors on the market?

Both New Holland and Case IH debuted autonomous concept tractors during the Farm Progress Show. Judging from online comments this is a very polarizing announcement. Although they are a concept only at this point they show what can be done with new technology that lets an operator run a tractor without physically on the vehicle. You can watch video about the announcements using the links above.

Case IH, New Holland, Tractor, ZimmPoll

#IFAJ2016 Tour – Part 10 – Bayer Bee Habitat

Chuck Zimmerman

Bayer Bee HotelYou might think bees just live in hives. You would be wrong. They live all over the place. I got some up close and personal looks at this during the IFAJ Bayer Tour that included having Dr. Patrick Lind, employed at FlächenAgentur Rheinland GmbH, show us different places and reasons for bee habitat on the Damianshof Farm.

There are a wide variety of wild bees and on this Bayer ForwardFarming partner farm you’ll get to see bee nesting boxes (bee hotels) and places where they lay eggs into dirt walls. There are flowering strips surrounding or between different fields on this farm to promote biodiversity. They are planted with perennial and annual flowers to provide food for bees as well as other forms of wildlife.

You can listen to the presentation here or watch below: Dr. Patrick Lind, FlächenAgentur Rheinland GmbH - Bee Habitat


2016 IFAJ Congress Photo Album

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Agribusiness, Audio, Bayer, Bees, IFAJ, International, Video

The 2016 GROWMARK Report

Lizzy Schultz

28760521544_8945a0f741_o Five members of GROWMARK’s leadership team kicked off the 2016 GROWMARK Annual Meeting & Agribusiness Symposium with a presentation of the 2016 GROWMARK Report, an announcement of the company’s estimated 2016 financial results. The report was presented to an audience of shareholders present at the event.

The report was presented by:
Mike Woods, Senior Vice President and Chief Financial Officer
Mark Orr, Vice President, Agronomy
Kevin Carroll, Vice President, Energy & Logistics
Brent Erickson, Senior Vice President, Member Business
Barry Schmidt, Vice President, Retail Business

“The ag economy is in a challenging cycle, and many of our farmer-members and customers are feeling economic, regulatory, and environmental pressures,” said GROWMARK CEO Jim Spradlin as he addressed the audience prior to the report. “It could certainly be a few years before stronger demand reappears. Our mission is designed to improve our members long-term profitability, and we believe that our system strategies combined with our cooperative structure position us well to excel at what’s next.”

29384632265_218bd652e0_oThe company reported estimated fiscal year sales of $7.1 billion, lower than recent history, and estimated pre-tax income at $103 million, yielding an 8.2% return on invested capital. An estimated $52 million in patronage refunds will be returned to member cooperatives and farmer-owners.

Report highlights included the Energy Division estimating the highest internal income in history, reports from both the Seed Division and Crop Protection Division of sales down three percent from last year, and the Crop Nutrients Division estimating a sales volume similar to last year.

View and download photos from the event here: 2016 GROWMARK Annual Meeting & Agribusiness Symposium Photo Album

Ag Groups, Agribusiness, Audio, GROWMARK

GROWMARK Focused on Policy as Election Nears

Lizzy Schultz

gmk-media-spencer-1 The upcoming Presidential election, and the potential changes to funding and regulation that the changing administration may bring, is a concern for many within the agriculture industry, and it was a major talking point during the 2016 GROWMARK Annual Meeting & Agribusiness Symposium.

Chuck Spencer, Executive Director for Government Affairs at GROWMARK, is using the upcoming elections as an opportunity to make positive change for the industry by working to impact congressional representatives with the issues that will be affected by the transition to a new administration.

“We have a Continuing Appropriations Act that is expiring this September, and we currently have 13 Appropriations Bills, but none of them have passed the entire process, so it’s very likely we’ll have another Omnibus spending bill that will either go until right after the election or until March, and that’s a very big discussion right now,” said Spencer in an interview during the Annual Meeting.

GROWMARK has been heavily involved in some of the major policy issues that have affected agriculture this year, including the GMO labeling bill, and the company remains interested in the annual renewal of tax extenders, especially related to the Renewable Fuels tax credits received in ethanol and biodiesel.

“Right now they still have to be renewed annually, and we’re looking to see if and how they are included in any comprehensive package that Congress would act on in September,” he said. “Biodiesel tax credit has lapsed for a period of two years, and that creates ripple effects in the marketplace that affects the pricing of those products, which is especially important as we’re on the verge of what is projected to be a very productive harvest season.”

Listen to Lizzy’s full interview with Chuck here:
Interview with Chuck Spencer, GROWMARK

View and download photos from the event here: 2016 GROWMARK Annual Meeting & Agribusiness Symposium Photo Album

Agribusiness, Audio, GROWMARK