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  • USDA production estimates below trade expectations
    The corn bears’ momentum was subdued with a crop production report knuckleball on news that yields are projected below the trade guess. 
  • Illinois tops in corn, soybean yields
    The “I” states remain on track to break crop production records. The U.S. Department of Agriculture left Illinois’ average corn yield projection at a nation-leading 200 bushels per acre, up 22 from 2013. The previous record of 180 bushels per acre was set in 2004. 
  • Big corn crop gets wee bit smaller
    A corn production tweak moved ending stocks downward and average farm price projections up a dime in the latest supply and demand estimates. The U.S. Department of Agriculture reduced projected corn-ending stocks by 73 million bushels from last month’s estimate to 2.008 billion bushels. 
  • Farmland value varies in 2014
    When outlook for 2014 landed, farmland value appeared to have stopped increasing rapidly and was expected to either stay steady or drop, after increasing from 2006 to 2013. 
  • Companies partner to integrate data, hybrids
    There’s plenty of data available for farmers to evaluate, but that information has no end value unless it can be used to increase profitability. Two companies have partnered to develop a precision planting tool set for a 2015 launch that will integrate yield, soil, weather and other data into improved overall crop production. 
  • Prairie Central wins two national FFA contests
    Five judging teams from Prairie Central FFA traveled to the National FFA Convention to compete, and two came home as national winners. “When we came home, the fire trucks met us and escorted us into town,” said Kyle Miller, one of three FFA advisers at the school in Fairbury, Ill. “And we had a big reception at school.” 
  • Young farmer invests in farmland
    Working on his family farm started long before Tommy Justison began his FFA project. “I started with 81 acres my freshman year, and by my senior year I worked my way up to 476 acres,” the Hillsboro FFA member said. “I started my freshman year keeping records, but I’ve been working on my family’s farm since I was knee high to a grasshopper.” 
  • Indiana FFA members recognized
    Years of hard work paid off for three Indiana students when they were named winners of this year’s National Agricultural Proficiency Awards. The awards were given in 49 categories during the National FFA Convention. 
  • Not your father’s auctioneering industry
    Big data and other technologies are expected to play an important role in the future of the auctioneering industry. When Kurt Aumann graduated from auction school in 1982, the scene was different than it is now. Online auctions were unheard of. Mobile phones weren’t used for Internet browsing. 
  • Auctioneers should recognize trends, expert says
    Agriculture sales are an integral part of the auction industry. From farm land to equipment, there are many items on the market. Professionals recently met in Indianapolis for the Indiana Auctioneers Association convention. Several of the attendees were involved in agricultural auctioneering. 

Copyright 2014 AgriNews, LaSalle, Illinois. All rights reserved.

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