Crop
News and Notes Mike
Rankin November
USDA Crop Report
The USDA's November crop forecast was about as expected.
The market generally interpreted the report to as positive for wheat
prices, neutral for corn, and negative for soybeans.
The 2002 U.S. corn crop is now projected at a tad over 9 billion
bushels, about 33 million bushels over the October forecast.
This slight increase was the result of a revised average yield from
127.2 to 127.6 bushels per acre.
A few states saw increases in projected final yields while those poor
guys in Ohio saw their statewide average drop 8 bushels per acre to 96.
Wisconsin's average corn yield remained the steady at 130 bushels per
acre.
Year-ending stocks of U.S. corn are now projected at 848 million
bushels, 84 million larger than what was projected in October.
The season's average price is expected to fall in the range of $2.20
to $2.60, which is 10 cents lower than the October projection.
The 2002 U.S. soybean crop is now projected at 2.69 billion bushels,
36 million bushels larger than the October estimate.
Average soybean yield was increased from 37.0 to 37.5 bushels per
acre.
Wisconsin saw the single largest jump of any state in estimated yield
from 39.0 to 42.0 bushels per acre.
Expected soybean export numbers were increased (+40 million bushels)
but the projection of domestic crush was reduced (-15 million bushels).
The USDA also increased the estimate of South American soybeans
harvested by 3 percent.
Stocks of soybeans at the end of the current marketing year are
expected to be about 185 million bushels, 10 million higher than the October
forecast.
The projected marketing year average farm price for soybeans is $4.95
to $5.85, 10 cents lower than last month's estimate.
The USDA November wheat production forecast was 1.616 billion
bushels, 9 million bushels below the October estimate.
The marketing year average price is projected to range from $3.65 to
$3.95. Planning
to frost seed pastures next spring?
Frost seeding of pastures is becoming a rather common management
practice for boosting forage production on thin or non-productive pastures.
However, a key to success is eliminating early spring competition.
One method of doing this is to graze or mow pastures in the late fall
or early winter. This helps to
expose soil for good seed-soil contact and it slows the regrowth of existing
vegetation (hence, competition with the new seedlings is reduced). Monitor
soil test phosphorus levels
Phosphorus (P) has made a rapid assent and leapfrogged nitrogen as
THE environmental bad boy. As
the ink dries on new nutrient management regulations, one sure bet is to
find P prominently mentioned. Some
farms or fields will be targeted as having a high risk for P reaching
surface waters. This will result in having nutrients applied based on crop P
removal and drastically reduce the amount of manure that can be applied.
To avoid this limitation, it will be important to keep soil P below a
certain base level. Here is what is currently be proposed:
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Approximate
1st-year available nutrient content of manure [2nd
year credits are in brackets] |
||||||
|
|
N |
N* |
P2O5 |
K2O |
||
|
Dairy |
|
|
|
|
||
|
|
Solid
(lb/ton) |
3
[1] |
4
[1] |
3
[1] |
7
[1] |
|
|
|
Liquid
(lb/1000 gal) |
7
[3] |
10
[2] |
5
[1] |
16
[2] |
|
|
Beef |
|
|
|
|
||
|
|
Solid
(lb/ton) |
4
[1] |
5
[1] |
5
[1] |
9
[1] |
|
|
|
Liquid
(lb/1000 gal) |
5
[2] |
7
[2] |
5
[1] |
16
[2] |
|
|
Swine |
|
|
|
|
||
|
|
Solid
(lb/ton) |
7
[1] |
9
[2] |
6
[1] |
7
[1] |
|
|
|
Liquid
(lb/1000 gal) |
|
|
|
|
|
|
|
|
Indoor
pit |
25 [5] |
33 [5] |
25 [4] |
24 [3] |
|
|
|
Outdoor
pit |
17 [3] |
22 [4] |
10 [1] |
16 [2] |
|
|
|
Farrow-nursery |
|
|
|
|
|
|
|
Indoor pit |
13 [2] |
16 [3] |
14 [2] |
18 [2] |
|
*
Use this N value if manure is incorporated within 3 days |
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If spreading solid dairy manure, it is currently recommended that you forego any kind of manure analysis and simply use the values presented above. For liquid manure, there is no substitute for a good multiple sample lab analysis (the above figures are simply averages of a very broad range). Of course, knowing these numbers is only of value if you also know how much manure you are applying per acre.
For
more information contact Mike Rankin