In FebNASS released county data for the 2015 corn and soybean crop. U of I has put together a map showing the potential payment.. This yield divided by the 86% of the benchmark guarantee for Adams, and Hancock County will yield a 2015 ARC-County corn payment. For example for Hancock County the revenue guarantee is $782.92 * 86% = $673.31 / 180 corn yield = $3.74. For Adams County the revenue guarantee is $719.44 * 86% = $618.72 / 158 corn yield = $3.92. These yields can still be tweaked, but past history has shown that we are within 5 bushels of the final yield number for the county. http://farmdocdaily.illinois.edu/2016/02/2015-arc-co-payment-estimates-corn-soybeans.html
This is just a reminder of what the minimum guarantees for RP crop insurance protection is: Yellow highlighted is the Feb average price, others are for those that sign up for the multiple price discovery
RP MPD (Nov) (Dec) (Jan) Feb (Mar)
Final Harvest RP
3.95 3.94 3.86 3.86 3.83
8.81 8.97 8.84 8.85 9.05
Wheat - Delayed Price:15 cents to Sep 1, 2016, then $0.00125/bu per day until sold Discount Schedule Corn -Delayed Price: Free to Sep 1, 2016 then $0.00125 /bu per day until sold on dry bushels, Dp corn dry/shrink to 15.0% Drying Charge $0.03¢ per 1% moisture (calculated 1.5¢ per 0.5% of moisture) on wet bushels. Contract/Spot Corn Dry/Shrink 15% - while space lasts.
Beans - Delayed Price Free until Sept 1st, 2016 then $.00125/bu per day until sold
Wednesday was the first day this growing season that we started noticing tassels among some of the corn fields in the southern part of the UFC territory. Along with that, we have been seeing a lot of soybean fields that are in the flowering stage. During the start of the reproductive stages through maturity of our crops, there are a couple things that we need to be keeping a good eye on. One of those things include insects. We have been noticing a lot of grasshoppers out in the fields and in the last week, started noticing Japanese beetles in both corn and soybean fields. It is critical to get a head start on controlling both species because they can do a lot of damage. Japanese Beetles, though, can cause the most damage, especially as we near the silking stage of the corn. Japanese beetles will feed on leaves, tassels, and silks and cause a lot of problems with pollination. It is important to be out in the fields right now looking for these insects as we near the reproductive stages of our crops. If you have to make another pass of herbicide, consider using an insecticide along with the pass. For information on identifying these insects, watch the video from our field scout, Philip Dewalt, as he goes more in depth on the identifying features of these insects.
Climate Field View Get all your data in one place for a deeper understanding of your fields. New for 2016, Climate Field View plus allows you to collect and visualize your data all in one place. This helps you increase knowledge of your fields and make better decisions all season long. For more information how we can help maximize your yield potential and increase the bottom line. Please call Michael Hicks or Chris Corzatt for more information.
Michael Hicks: 217-430-4899 Chris Corzatt: 309-221-1922