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May 2002
Topics
-Staying Timely during the Growing Season
-Simple Field Test for Determining Alfalfa Harvest Times
-BIF
-But I Should Be Able to Handle This
-Developing a Grain
Marketing Plan
Staying Timely during the Growing Season
Joel DeJong, ISU Extension Crops Field Specialist
So, how can you know
what to look for? I know a reference I use a lot is the Iowa State
University Extension "Integrated Crop Management Newsletter." This national
award-winning publication gives timely tips and recommendations on many of
the pests we see in Iowa. It comes out weekly during the key times of the
crop season and monthly in the off-season. Subscription costs are $40
annually for a hard copy. Contact your local Extension office for
subscription information. But, you can access it on the web for free - at
http://www.ipm.iastate.edu/ipm/icm/
It typically has the
problems that show up in Southern Iowa first - giving me a head start on
what to expect here in the near future!
Your NW Iowa Extension
Crop Specialists also do shorter, quick updates for many of the agronomists
in NW Iowa during the growing season. If you would like to see those
reports, look on the web at the following sites to see our localized
comments on a weekly basis during the growing season:
http://www.extension.iastate.edu/nwaeo/AG_in_NW.htm
The time is here to
scout, dig, and examine plants. Use whatever references are out there to
learn what to look for - and to help you make good decisions. We're there
to help, too!
Simple Field Test
for Determining Alfalfa Harvest Times
Chris Mondak, ISU
Extension Dairy Field Specialist
Determining the best
time to cut alfalfa is critical to obtaining the desired RFV (Relative Feed
Value) in the final haylage or hay product. The scissor cut method is
useful, but requires lab analysis, and lab results may not be received in
time to make the best decisions on cut time.
The PEAQ method
(Predictive Equation for Alfalfa Quality) is a simple in-field test that
gives you immediate information on the stage and optimal cut time of
your alfalfa crop. (See Chart included in this Field & Feedlot issue or
contact your local extension office).
Estimating
Forage Quality of 1st Cut Alfalfa (rich text file)
Estimating
Forage Quality of 1st Cut Alfalfa (word document)
The only materials
required are a measuring stick and the RFV Chart that matches height of stem
and stage of growth to RFV. The brief paragraphs printed below the charts
provide Stage Descriptions, Recommended RFV Range for Class of Animal, and
Instructions for Using the Chart.
BIF
Pete Olson, ISU Extension Beef Field Specialist
Some of the
topics and speakers at this year's meeting include: "Beef Cow Efficiency" -
Dr. Tom Jenkins, USMARC; "Postweaning Efficiency of Beef Cattle" - Dr Danny
Fox, Cornell University; "Measuring Cow-Calf Profitability" - Dr. Barry
Dunn; "Predicting Beef Cattle Efficiency" - Dr. Robert Williams, American
international Charolais Association; and "Multi-Trait Prediction of Feed
Conversion" - Dr. William Herring, University of Florida.
The tour, in
conjunction with these meetings, departs Saturday morning and will stop at
the Circle 5 Feed yards near Hendersen. Manager Partner, Alan Janzen, will
explain the various value added programs that Circle 5 conducts with
ranchers and seedstock breeders. The second stop will be the US Meat Animal
Research Center near Clay Center. Dr. Larry Cundiff will explain a variety
of projects being conducted with the 6,000 + beef cows on the 35,000 acre
research center. After the lunch break, the last stop on the tour will
follow a drive north through the eastern edge of the beautiful Nebraska
Sandhills to the Wagonhamer Ranches seedstock unit located near Bartlett.
The program is
very educational and designed for the beef producer. The program dates are
July 10-13, 2002. Registrations are due by June 10, 2002. Full
registration is $80/person. The tour scheduled on Saturday, July 13, is an
additional $50. Daily registrations are also available at $50/person. For
more information and how to register you can contact the following:
University
of Nebraska-Lincoln
c/o Dr. Jim Gosey
P.O. Box 830908
Lincoln, NE 68583-0918
Email: jgosey@unlnotes.unl.edu
Phone: (402) 472-6362
or
Nebraska
Cattlemen
c/o Greg Ruehle
1335 H Street
Lincoln, NE 68508
Email: NC@NECATTLEMEN.ORG
Phone: (402) 475-2333
If you want
to register online and see a complete schedule of events go to:
http://www.beefimprovement.org/
But I Should Be Able
to Handle This
Rhonda Rosenboom, ISU
Extension Families Field Specialist
In many ways we create
our own stress. Unrealistic expectations + Stressful event + Negative
self-talk = Distress. You control two-thirds of that distress formula –
unrealistic expectations and negative self-talk. Remember 50 percent of all
stress is self-induced.
Procrastination is a
perfect example. By putting off machinery maintenance, you can create
stress if parts are not available or dealers can’t fit you into their
schedule. Try to minimize these kinds of situations. Take time to evaluate
your lifestyle. If you have problems with any of the following, chances are
you are creating stress in your life.
·
Rigidity – can’t compromise
·
Competition – must always be a
winner
·
Perfectionism
·
Impatience
·
Low self-concept – I’m not
good at anything
·
Negative self-talk –
Everything goes wrong
·
Unrealistic expectations
·
Unresolved issues.
As you go out to the field this spring, remember, you
can’t change the weather or prevent most breakdowns. So take your time,
think about what you’re doing and most importantly remember these stress
reduction techniques:
·
Treat yourself to a change of
scenery. Take a walk or vacation.
·
Exercise – keep fit and
physically active
·
Eat right – proper nutrition
can do wonders.
·
Remind yourself that you do
not have to be perfect. Nor do others.
·
Set priorities for your life –
both daily and long term.
Developing a Grain Marketing Plan
Ron Hook, ISU Extension
Farm Management Field Specialist
Nearly all successful businesses have goals and
marketing plans to assist them in reaching these goals. Marketing plans can
be simple or complex, but they are only as effective as your ability to
implement them. Most written grain marketing plans contain the answers to
the following six questions:
·
How many bushels do I plan to
produce?
·
What are my breakeven costs
for each crop? (per acre or per bushel)
·
When do I plan to sell?
·
Who do I plan to sell to?
·
At what price levels will I
sell?
·
What marketing tools will I
use?
Over the next few years
written grain marketing plans will become commonplace. Producers who borrow
money for crop operating and capital purchases already provide their lenders
a current financial statement and cash flow. A marketing plan will become
another part of their lending requirements to help manage financial and
price risk.
You may want to
consider using two separate marketing plans: pre-harvest and post-harvest.
The pre-harvest plan is submitted each winter along with the financial
statement and cash flow. The post-harvest plan is formulated just prior to
or just after harvesting the crop. This allows an opportunity to make
considerations for storage, LDP strategies vs. use of marketing loans, and
more effectively forecast the pay down of loans from stored bushels.
An important date to remember in your marketing plan
is May 31, 2002. You must take the LDP or secure a marketing loan on all
remaining 2001 crop bushels by this date or you give up the right to do so
on those bushels.
The summer “weather
market” is one of the most difficult times in which to price bushels, since
the weather concerns driving the market prices higher are likely affecting
your crop as well.
After July the price
trends lower, bottoming at harvest. In all likelihood, very few bushels get
forward priced after the winter highs. Optimism kicks in for an abundant
harvest: more bushels that can be LDP’d to offset these lower harvest
prices. With corn prices seeming to be much too low, compared to last
winter and spring, the thought of taking the LDP and holding bushels through
the winter once again takes precedence.
The key to capturing
higher new crop corn prices is to develop and implement a written marketing
plan that moves “at risk” bushels well in advance of harvest. Over the past
sixteen years, there were only two years in which the harvest revenues ever
exceeded the cost of production. The widest variation occurred over the
past four years, when narrow profit margins have been offset with larger
government payments.
Examples of marketing
plans can be found at
http://www.extension.iastate.edu/feci/Marketing/establish.html
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