Commodity Prices & Farm Equipment Sales

Jamie Johansen

New Holland ZimmPollOur latest ZimmPoll asked the question, “What’s the most important skill set for ag communications?”

The tried and true skill of writing still tops the charts when it comes to agriculture communications even though the industry has changed so much over recent years. But the importance of a well-rounded graduate is always the end goal. Not surprisingly, people skills comes in as a heavy second. All skills needed in any career and in any industry.

Here are the poll results:

  • Writing/editing – 29%
  • Graphic design – 0%
  • Photography – 0%
  • Social media/blogging – 0%
  • Verbal communications – 8%
  • People skills – 21%
  • All of the above – 29%
  • Other – 13%

Our new ZimmPoll is now live and asks the question, How do you think commodity prices are impacting farm equipment sales?

We are in the heat of the 2014 Farm Progress Show so we thought we would talk farm equipment. Are you staying optimistic saying good crops will equal good sales? Or are you guessing the downward trend will continue?

ZimmPoll

FMC Solstice Herbicide for Corn

Joanna Schroeder

solstice-logoThere is a product that has been getting great interest this year and that is FMC’s Solstice Herbicide for corn. While FMC is not onsite in Boone, IA this year, the company helped sponsor coverage of Farm Progress 2014.

To learn more about Solstice, I turned to Gail Stratman, FMC Midwest technical sales lead who explained how the product works and its benefits. Some of the key weeds Solstice controls include water hemp, lambsquarter, giant ragweed and growers who began using the product in 2014 have seen great success in control using the product.

First, Solstice is a two-mode action herbicide that kills weeds post emergence that other herbicides miss. In addition, Solstice offers broad-spectrum control and excellent crop safety, and is approved for use on field corn, seed corn, silage corn, popcorn and sweet corn. Stratman also said that the product may be applied anywhere from crop emergence through the V8 growth.

“One thing we’ve found when talking to growers and ag weed scientists, the key thing most of them emphasize is to use multiple modes of action,” explained Stratman. “One of the reasons we’ve gotten into some of the resistance issues we have is we’ve overused, or oversimplified, our weed control and we’ve relied specifically on glyphosate to control all of our weeds.”

He continued by stressing that due to resistance, “It’s very important to change the mode of action or include more modes of action in our weed control program and Solstice does exactly that. It adds two modes of action and when we combine that with glyphosate we now have three.”

To learn more about Solstice Herbicide for Corn listen to Cindy Zimmerman’s interview with Gail Stratman: Interview with Gail Stratman

View the Farm Progress 2014 Flicker photo album.

Coverage of the 2014 Farm Progress Show is sponsored by
Coverage of the 2014 Farm Progress Show is sponsored by New HollandCoverage of the 2014 Farm Progress Show is sponsored by FMCCoverage of the 2014 Farm Progress Show is sponsored by GrowmarkCoverage of the 2014 Farm Progress Show is sponsored by AgLeader
Agribusiness, Audio, Crop Protection, Farm Progress Show, FMC, Herbicide

New Holland Loans Tractors to BioCentury Research Farm

Jamie Johansen

fps-cnh-jj-54-editedThis morning during the Farm Progress Show, New Holland hosted a tour of the Iowa State BioCentury Research Farm. New Holland got involved with the project when they saw a need for the use of some of their equipment and loaned them two tractors, which provided new options for their biomass research projects.

The BioCentury Research Farm combines biomass feedstock production, harvesting, storing, transporting and biorefinery processing into a complete system to develop the next generation of biofuels and biobased products. A New Holland large square baler also was provided for a corn stover research project conducted by Matt Darr, an associate professor in agricultural and biosystems engineering.

“Providing the use of this equipment to the Iowa State BioCentury Research Farm helps us strengthen the relationship between New Holland and Iowa State,” says Ron Shaffer, New Holland’s North American Director of Growth Initiatives, Institutional & Specialty Sales. “The participation furthers New Holland’s commitment to the biomass industry and our position as the Clean Energy Leader.”

fps-cnh-jj-24-editedThe New Holland Agriculture loan arose from a tour Andy Suby, manager of the research farm, gave to company officials last year.
“We appreciate the equipment and research funding provided by New Holland Agriculture,” Johnson said. “The BioCentury Research Farm was intended to be a partnership with private companies.”

New Holland Agriculture provides the use of a model T8.330 and a T5.115 tractor with a loader to be used in research and education projects conducted at the facility. The tractors will be replaced with similar models when they reach 200 hours of operation.

The company provided the baler and funding to evaluate its use in baling corn stover for supplying to cellulosic ethanol plants. This “Leading the Bioeconomy Initiative” project was supported by an appropriation from the Iowa legislature. Suby said the possibility for funding more projects with gifts or loans of other equipment has been discussed.

2014 Farm Progress photo album.

Coverage of the 2014 Farm Progress Show is sponsored by
Coverage of the 2014 Farm Progress Show is sponsored by New HollandCoverage of the 2014 Farm Progress Show is sponsored by FMCCoverage of the 2014 Farm Progress Show is sponsored by GrowmarkCoverage of the 2014 Farm Progress Show is sponsored by AgLeader
Agribusiness, Biofuels, Farm Progress Show, New Holland

Get Paid to Plant Enogen

Joanna Schroeder

David Witherspoon Syngenta:EnogenCalling all farmers? Did you know you can get paid to plant Enogen corn from Syngenta? And did you know that for every acre of Enogen corn planted, Syngenta donates a $1 to the renewable energy industry? Well I didn’t know you could get paid until I sat down with David Witherspoon, head of renewable fuels for Syngenta during Farm Progress.

So how is Enogen different? As Witherspoon explained, the Enogen corn enzyme technology offers ethanol plants an opportunity to increase their per bushel ethanol production as well as improve energy efficiency during the production process. Last year there were 100,000 acres of Enogen corn planted and this year there will be triple that – over 300,000 acres planted with Enogen corn with about a 1,000 growers participating. So assuming an average yield of 165 bushels an acre, Enogen corn will generate approximately $6.6 million of additional revenue for the local growers who have signed contracts in 2014.

Witherspoon said farmers receive a 40 cent premium on Enogen corn that they can use to purchase other Syngenta corn hybrids. What is interesting is that only 15 percent of a farmer’s acre is planted with Enogen corn because the “sweet” spot for ethanol production is 15 percent.

“The ethanol plant needs an enzyme for ethanol production at 15 percent and then this corn is mixed with the other corn that comes into the plant,” explained Witherspoon. “And the way we found this out is that we tested plants in the lab and looked at what the optimal dosage at that plant to get the maximum performance enzyme. And if we go higher than that, we found that we don’t need anymore.”

When you look at a farmer’s field growing Enogen corn you can’t tell the difference. The corn has the exact same benefits (pest control, disease control, etc.) that other Syngenta hybrids have.

Another application that Witherspoon said that Enogen corn is really excelling in is when used with the “ACE” technology, or Adding Cellulosic Ethanol, that separates the fiber from the corn kernel and produces cellulosic ethanol. It’s the first technology of its kind in the world and the Galva, Iowa plant went online with commercial scale cellulosic ethanol production this summer. Syngenta was so impressed with the technology that they have partnered with the plant to sell the technology.

So here’s the scoop. Several ethanol plants who are buying the Enogen corn have sold out their acres for the 2015 growing season but there are still a few acres left for some other ethanol plants. In addition, Witherspoon said there are quite a few farmers who would like to plant Enogen corn but need to partner with their local ethanol plant to implement the program. So, all corn farmers and ethanol plants that would like to pursue the program need to contact Syngenta soon to get in the program before it sells out this year. And if you are interested in seeing first-hand how Enogen corn performs, then come to the Quad County Corn Processors grand opening on September 9, 2014.

To learn more about Enogen corn and its benefits for farmers and for ethanol plants, listen to my interview with David Witherspoon: Interview with David Witherspoon

View the Farm Progress 2014 Flicker photo album.

Coverage of the 2014 Farm Progress Show is sponsored by
Coverage of the 2014 Farm Progress Show is sponsored by New HollandCoverage of the 2014 Farm Progress Show is sponsored by FMCCoverage of the 2014 Farm Progress Show is sponsored by GrowmarkCoverage of the 2014 Farm Progress Show is sponsored by AgLeader
Audio, Corn, Ethanol, Farm Progress Show, Syngenta

Come and Play at FS STAR Energy

Cindy Zimmerman

fps14-fs-bevVisit the FS STAR Energy exhibit on lot 1302 at the Farm Progress Show and you can play some cool digital farm games, win some great prizes and learn more about nitrogen management.

“Folks can learn about the best seed to plant on their acres, the best fuel to put in their equipment,” said Bev Long, Marketing Communications Manager for GROWMARK Agronomy. “We’ve also got an agronomy game that talks about fertility and crop protection.” These interactive games are so entertaining you don’t even know you’re learning something at the same time.

The exhibit spotlights five different Iowa FS companies – Agriland FS, AgVantage FS, Three Rivers FS, New Century FS, and STAR Energy. You can also learn more about the Nitrogen Management System and the N-Watch program and how they are helping farmers be better stewards and increase yields at the same time.

Of course, STAR Energy is the official fuel supplier for the Farm Progress Show, as we discussed in a previous post. “FS has been the fuel supplier since the earliest days of the show, about 40 years ago,” Bev said. Even though the field demonstrations were cancelled this year due to slow maturity of the crops, it still takes a lot of energy to power the Farm Progress Show, and FS is pleased to fill that role.

Go by the FS STAR Energy tent and find out more – at the corner of North and 13th on the FPS site. Interview with Bev Long, GROWMARK Agronomy, FS STAR Energy

2014 Farm Progress photo album.

Coverage of the 2014 Farm Progress Show is sponsored by
Coverage of the 2014 Farm Progress Show is sponsored by New HollandCoverage of the 2014 Farm Progress Show is sponsored by FMCCoverage of the 2014 Farm Progress Show is sponsored by GrowmarkCoverage of the 2014 Farm Progress Show is sponsored by AgLeader
Audio, Energy, Farm Progress Show, FS System, GROWMARK

Bill Northey Talk Corn Crops, Water Quality

Joanna Schroeder

IA Ag Secy Bill NortheyDuring the Farm Progress Show this week, I caught up with Iowa Ag Secretary Bill Northey. I asked him what the corn crop was looking like in Iowa in particular, as Boone, Iowa is the host of this year’s Farm Progress.

Northey said that for the most part, Iowa is going to have a great corn crop as well as bean crop- especially with the August rain. He said that there are some pockets that had too much rain and hail in June (this affected his farm) but overall, the corn crop is going to offset some of the below average acres and Iowa should see a record crop.

Another key issue that Northey has been working on with Iowa farmers is a water quality initiative. Just this week the Iowa Corn Growers Association, Iowa Soybean Association and Iowa Pork Producers Association launched the Iowa Agriculture Water Alliance (IAWA) to increase farmer awareness of the Iowa Nutrient Reduction Strategy and their adoption of science-based practices proven to demonstrate environmental benefits.

Northey said they he has been involved with multi-state hypoxy work group (aka Dead Zone) to reduce chemicals in the ground water supply. The work group realized it would be up to individual states to implement strategies so Iowa released the Iowa Nutrient Reduction Strategy. The state has made significant funds available for water quality practices ($20M in 2013 / $10M in 2014) that farmers can voluntarily adopt.

This is where the Iowa Agriculture Water Alliance comes in – they will engage farmers on how to implement water strategies as part of the nutrient plan.

Learn more about the corn crop and Iowa water quality strategies by listening to my interview with Bill Northey: Interview with Bill Northey

View the Farm Progress 2014 Flicker photo album.

Coverage of the 2014 Farm Progress Show is sponsored by
Coverage of the 2014 Farm Progress Show is sponsored by New HollandCoverage of the 2014 Farm Progress Show is sponsored by FMCCoverage of the 2014 Farm Progress Show is sponsored by GrowmarkCoverage of the 2014 Farm Progress Show is sponsored by AgLeader
Audio, Farm Progress Show, Sustainability, Water

Guess Whose FPS Boots

Chuck Zimmerman

Guess Whose BootsIt’s time once again for an edition of “Guess Whose Boots.” This time it’s from the Farm Progress Show.

Here’s how it works. The first person to guess correctly by leaving a comment will receive a ZimmComm Swag Bag gift in the mail. So get your thinking cap on and give it your best guess. No hints for now.

2014 Farm Progress photo album

Coverage of the 2014 Farm Progress Show is sponsored by
Coverage of the 2014 Farm Progress Show is sponsored by New HollandCoverage of the 2014 Farm Progress Show is sponsored by FMCCoverage of the 2014 Farm Progress Show is sponsored by GrowmarkCoverage of the 2014 Farm Progress Show is sponsored by AgLeader
Farm Progress Show

Farm Progress Show Sunset

Chuck Zimmerman

Farm Progress Show SunsetI couldn’t get a Farm Progress Show sunrise today but I did get the sunset!

After I took this one and looked at it I realized there was a flag in front of the sun. That was a big surprise!

Farm Progress Show SunsetThen another few miles down the road I had to pull over by a corn field. It was too good to pass up.

It was a long first day of the show, starting out with a thunderstorm early that gave us muddy conditions, but the rain broke before the show started and it was actually a beautiful day. Rain is in the forecast again for the rest of the show but we’re hoping it will still be okay.

Orange sky at night, Farm Progress Show delight??

2014 Farm Progress photo album.

Coverage of the 2014 Farm Progress Show is sponsored by
Coverage of the 2014 Farm Progress Show is sponsored by New HollandCoverage of the 2014 Farm Progress Show is sponsored by FMCCoverage of the 2014 Farm Progress Show is sponsored by GrowmarkCoverage of the 2014 Farm Progress Show is sponsored by AgLeader
Farm Progress Show, Photography

Abe Hughes Takes #ALSIceBucketChallenge

Chuck Zimmerman

Abe Hughes New HollandToday Abe Hughes, VP New Holland North America, took up my ALS IceBucketChallenge at the Farm Progress Show during and end of day Club Blue reception. Take a look and let me know what you think. Abe did not spare on the ice and water!

During Abe’s video he challenged Jeff Broin, POET; Forrest Roberts, NCBA and Jim Streater, a New Holland dealer. They now have to get busy and make a donation or issue their own challenge.

2014 Farm Progress photo album.

Coverage of the 2014 Farm Progress Show is sponsored by
Coverage of the 2014 Farm Progress Show is sponsored by New HollandCoverage of the 2014 Farm Progress Show is sponsored by FMCCoverage of the 2014 Farm Progress Show is sponsored by GrowmarkCoverage of the 2014 Farm Progress Show is sponsored by AgLeader
Agribusiness, Farm Progress Show, New Holland, Video

Governor Branstad at Farm Progress Show

Cindy Zimmerman

fps14-govIowa Governor Terry Branstad paid a visit to the 2014 Farm Progress Show Tuesday and met with some of the show’s international visitors.

“I do a lot of international travel to promote what we produce in Iowa,” said Branstad. “We are the leading corn producing state, leading soybean producing state, leading pork producing state, leading egg producing state, we also lead in ethanol and biodiesel, we’re big in wind energy, and this is a great place to showcase all the new technology.”

Branstad had some harsh words for the Environmental Protection Agency, which just last week sent a final version of the 2014 volume requirements under the Renewable Fuel Standard to the White House for review, blaming uncertainty created by the proposed rule for the recent layoffs at Deere and Company. “The result is the price of corn has dropped so much that farmers are not buying equipment,” he said. “What the EPA has done is not only damaging farm income, but it’s costing us jobs in farm machinery and manufacturing.”

Deere announced more than 100 people will be laid off indefinitely from its plant in Ankeny and 460 people will be laid off at its tractor factory in Waterloo.

Listen to my interview with the Governor here: Interview with Iowa Governor Terry Branstad

2014 Farm Progress photo album.

Coverage of the 2014 Farm Progress Show is sponsored by
Coverage of the 2014 Farm Progress Show is sponsored by New HollandCoverage of the 2014 Farm Progress Show is sponsored by FMCCoverage of the 2014 Farm Progress Show is sponsored by GrowmarkCoverage of the 2014 Farm Progress Show is sponsored by AgLeader
Audio, Ethanol, Exports, Farm Progress Show, John Deere