Indiana AgriNews_041720

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YOUR SOURCE FOR INSEASON SEED NEEDS. AGRONOMY, PRODUCTS AND SUPPORT.

April 17, 2020

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COVID-19’s impact on ag USDA economist reviews changes By Tom C. Doran

AGRINEWS PUBLICATIONS

CHAMPAIGN, Ill. — The impacts of the pandemic on agriculture were addressed by the U.S. Department of Agriculture’s chief economist in an April 2 webinar hosted by University of Illinois farmdoc. Robert Johansson reviewed

PURDUE OUTLOOK

the fast-moving changes that have taken place since the agency’s Agricultural Outlook Forum in February. At that time, debt was reaching historic levels, but interest rates remained low keeping the interest repayment capacity slightly better than in 2019. The debt-to-asset ratio increased slightly, but still was at a relative low level, below 15%, and below the levels of the 1980s. “Even in February we knew about the coronavirus. We started to look at how infec-

tions in Hubei, China, were st a r ting to ramp up throug h the month of January and into February, and at that time we did know that th- Johansson ere was a fairly significant impact at first on the Shanghai Composite Index, but that the S&P 500 had continued to shrug

off the coronavirus potential for global spread,” Johansson said. “Now we’re looking at private sector forecasts for the U.S. gross domestic product grow th with significant declines across board. Now there are significant expectations that the second quarter of U.S. GDP will be reduced by as much as 25%. “We saw jobless claims (April 2) jump to over 6 million individuals, by far a record over the previous week of over 3 million. The

By Ashley Langreck

AGRINEWS PUBLICATIONS

See RENTS, Page A4

Slow ethanol, export demand By Ashley Langreck

AGRINEWS PUBLICATIONS

WEST LAFAYET TE, Ind. — The U.S. Department of Agriculture’s planting predications didn’t sit well for the supply side of the corn price equation for the 2020 crop, when the USDA pegged the corn crop at 97 million acres nationwide. “Even if farmers switch a million or two acres to soybeans, that still leaves the potential for a lot of corn come fall, assuming trend yield,” said Michael Langemeier, a Purdue University agricultural economist and associate director of Purdue’s Center for Commercial Agriculture. Langemeier said he believes that some farmers may choose to switch to soybeans, but overall he doesn’t expect a lot of individuals to switch from corn to soybeans. “There may be some switching to soybeans, but overall I don’t expect lots of switching.” he said. See ETHANOL, Page A4

CLASSIFIEDS SEE SECTION B Vol. 42 No. 29

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SUPPLY CHAIN IMPACT Johansson noted how food and agricultural products are being impacted in the supply chain. For example, the open table restaurant reservations fell dramatically in March, and there are more macro-economic impacts from the global spread of the pandemic. See IMPACT, Page A4

Tips for growing season

INDIANA HEMP RESEARCH

Cash rents likely to fall WEST LAFAYET TE, Ind. — After most farmers set their budgets for 2020, predicted potential crop income and profits for the year took a sharp downward turn. Michael Langemeier, a Purdue University agricultural economist and associate director of P urdue’s Center for Commercial Agriculture, said c a sh r ent s were already set for the year and some indiv iduals had already made partial or even full Langemeier payments for 2020. “Things looked much different by the first of April than they did even in February, when I was discussing crop outlooks at outlook meetings,” Langemeier said. Jim Mintert, who is also a Purdue agricultural economist and the director of Purdue’s Center for Commercial Agriculture, said the COVID-19 pandemic is a contributing factor as to why corn and soybean prices are slipping and changing the overall outlook, but it’s not the only reason.

S&P Index is still relatively high compared to historic levels, but it has obviously taken a big hit.”

Looking ahead with lessons learned in 2019

By Tom C. Doran

AGRINEWS PUBLICATIONS

MEANINGFUL MONDAY: MAKING NEW CONNECTIONS

TASTY TUESDAY: SERVING UP POSITIVE BYTES ONLINE

By Ashley Langreck

By Ashley Langreck

INDIANAPOLIS — Mondays are typically known as being the day of the week that most people dread because it marks the end of the weekend and the start of a new work week. However, Mamie Hertel, Hertel who is serving as the 20192020 National FFA central region vice president, has made it her mission to help FFA members get more out of their Mondays. Hertel, along with her fellow teammates, decided to start a social media campaign to help stay connected with FFA members while travel bans, and restrictions are in place to help stop the spread of COVID-19.

INDIANAPOLIS — Tess Seibel, the 2019-2020 National FFA eastern region vice president, has been using social media to make pantry snacks and chat with members. Seibel and her officer Seibel teammates decided while they are practicing social distancing to start a social media platform to stay connected with FFA members and host a themed-video every Monday through Saturday featuring one of the six National FFA officers. Seibel said that connecting with students is something she and her fellow teammates love, which is why they ran for National FFA office in the first place.

CHATSWORTH, Ill. — Juneplanted corn is not at the top of anyone’s wish list, but there were some lessons learned from last year’s experiences. Robert Clark, Stone Seed technical agronomist, looked back at 2019 and gave recommendations for the 2020 growing season at a recent Agronomy Day at the Central Illinois Connection CentClark er. As last year’s planting season was stretched later and later, farmers were frequently asking Clark about switching corn maturities. “When do I do it? Will it reach black layer? What will my moisture be? They are all really good questions. I don’t know if anyone had the perfect answer, but there are some really good resources out there that can be referenced,” Clark said. Purdue University research found that seven growing degree days are lost from the corn’s lifecycle each day it is planted after May 1. “We challenged that a little bit last year, and I think realistically where we ended up was somewhere between zero and seven (growing degrees days per day), probably halfway. It didn’t shorten up the corn life quite as much as we had expected based on that, but it’s nice to have it in our back pocket if we are ever in that situation again,” Clark explained. He referred to planting date trials conducted last year at the Bayer Research Center near Monmouth and his own trials. Planting dates of June 3 and June 11 were used in the field research. The typical hybrids used in that area are the 108- to 114-day maturities. “We found that 110- to 114day hybrids were the best yielding corn planted June 3 last year at the Monmouth location. The moisture was in the lower 20s for the fuller season hybrids and the high teens for the really early (95- to 103-day) hybrids.”

See TUESDAY, Page A4

See GROWING, Page A4

Marguerite Bolt checks hemp plants during the 2019 growing season. With the wet growing season in 2019, Bolt says about 3,000 acres of hemp were harvested in Indiana. For 2020, 192 licenses have been issued to growers in Indiana for 6,000 acres.

Planting a seed for 2020 Researchers evaluate varieties, best management practices By Martha Blum

AGRINEWS PUBLICATIONS

WEST LAFAYETTE, Ind. — Choosing hemp seeds for the 2020 growing season is an important aspect of growing the crop. “Even if they’re from outside of the state, seed sellers need to have an Indiana seed permit license to sell seed in Indiana with the intended destination and the amount of material transported,” said Marguerite Bolt, hemp specialist for Purdue Extension. “It is common to see false certificates of analysis, they are common across the country,”

Bolt said during a Novel CBD Production webinar, hosted by Purdue University, University of Illinois Extension, University of Wisconsin-Madison Extension and Michigan State University Extension. “One way to vet any company that you are purchasing from is to call a third-party lab,” Bolt said. “If it sounds too good to be true, it probably is, so be wary, do your homework and look into companies.” In 2019, Indiana growers registered to plant 5,300 acres of hemp, 4,000 acres were planted and a little over 3,000 acres were harvested, Bolt said.

“It was a really wet year so that was a definite issue,” Bolt said. “And some growers wanted to do research so they had no intention of entering it into the marketplace. “We had a couple of people direct seed for cannabinoid with not a lot of success,” she said. “It was wet, they had issues with germination and then weed management was a serious issue.” For 2020, Bolt said, 192 licenses have been approved for farmers to grow hemp in Indiana that total 6,000 acres. See SEED, Page A4

FFA officers connect with members AGRINEWS PUBLICATIONS

AGRINEWS PUBLICATIONS

See MONDAY, Page A4

INSIDE

Purdue Student Farm stocks food pantries A3

Organize a community garden A5

Producers grow online meat, egg sales B5

AgriTrucker B4

Kitchen Diva A8

Alan Guebert B6

Lawn & Garden A5

Auction Calendar A2

Lifestyle A7

Business B7

Livestock B5

Classifieds B1

Opinion B6

Farms For Sale B1

Science B3


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