Farmweek march 24, 2014

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Keep a coat and hat handy. Weather forecasters say wintry conditions will likely occur during the next two weeks..................................5

NCAA bracket watchers can thank Sangamon County Farm Bureau member Arthur Ehrat for inventing the breakaway rim..........8

Second-generation Woodford County Farm Bureau President Wayne Blunier traces his farm history to the 1850s............10

A service of

Ag traffic to face challenges this spring Illinois Farm Bureau mission: Improve the economic well-being of agriculture and enrich the quality of farm family life.

Monday, March 24, 2014

®

Two sections Volume 42, No. 12

BY DEANA STROISCH FarmWeek

Whether it’s on roads, rivers or rails, winter took its toll on the nation’s transportation systems. Shipping on rivers was reduced, delaying fertilizer deliveries. The volume of grain on railways increased, creating a backlog. Road conditions worsened with the freeze-and-thaw cycles of winter. But spring brings some hope. “The extreme weather that caused many of these issues will also delay spring field work,” said Bill Taft, GROWMARK’s logistics division manager. “In central and southern Illinois, March can be a very busy month for fertilizer application and even some planting. That won’t happen to any great degree this year. This delay will enable more product to get positioned in time for spring activity.” Taft said most seed is already in place with retailers. But fertilizer needs, he said, are tougher to project. “At GROWMARK, we work closely with the Plant Food Division to understand where product is positioned and

Lower crop prices impacting farmland market Please see Traffic, page 2

BY DANIEL GRANT FarmWeek

Periodicals: Time Valued

The upward trend in farmland prices came to a halt, at least for the time being, as lower crop prices reduced earning potential on U.S. farms.

Floyd Melvin, left, Mason County Highway Department foreman, and Gary Thomas, maintenance staff, fill a pothole on a rural road near Easton. Thomas estimated the county would nearly triple the amount of cold patch used this year compared to the last three to four years. (Photo by Ken Kashian)

The 19th survey and farmland values and lease trends report produced by the Illinois Society of Professional Farm Managers and Rural Appraisers (ISPFMRA) showed average land values around the state last year declined 2 to 7 percent. ISPFMRA unveiled results of the latest farmland report last week at a meeting in Bloomington. “Sharply lower grain prices diminished earnings prospects and put the brakes on the uptrend we’ve seen (in the farmland market),” said Dale Aupperle, of Heartland Ag Group in Forsyth and general chairman Dale Aupperle of the ISPFMRA report. Farmland prices in Illinois the previous four years increased 66 percent. USDA, however, recently predicted farm income this year will decline

26 percent due in large part to lower crop prices. “The land market has entered a pause mode,” said Brent Gloy, Purdue University ag economist. “We won’t see as many records at auctions.” The situation already impacted the land market. The averBrent Gloy age value of excellent quality ground in the state last year declined 2 percent, from $13,100 to $12,800 per acre. The average price of fair quality ground took an even bigger hit (4 percent) as it slipped from $9,100 to $8,700. The average price of poor quality ground tumbled 7 percent, according to the ISPFMRA report. “What we’re seeing is a widening of premiums for high quality farmland,” Aupperle said. “Big farmers are staying away from less desirable tracts.” The report showed farm additions

FarmWeek on the web: FarmWeekNow.com

such as drainage tile and irrigation added greatly to farmland values, while wind turbines provided modest support to the market. Please see Farmland, page 4

IFB plans April farm bill webinars Mark April 2, 9 and 17 on your calendars! Illinois Farm Bureau plans to host three, 8 a.m. webinars. Doug Yoder, IFB director of affiliate and risk management, will share information April 2 about commodity title options, including price loss coverage and agricultural risk coverage. Crop insurance and the supplemental coverage option will be discussed April 9. Jim Fraley, IFB livestock program director, will host the April 17 webinar regarding farm bill dairy and livestock disaster provisions. Check for registration details available soon at {www.ilfb.org/farmbill} and {FarmWeekNow.com}.

Illinois Farm Bureau on the web: www.ilfb.org ®


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Farmweek march 24, 2014 by Illinois Farm Bureau - Issuu