9-11

Remembering 9-11

We join others never forgetting those lost 25 years ago this day, coordinated terrorist attacks in New York, Washington DC, and those who thwarted an additional attack crashing in a field in rural Pennsylvania. We pause and we remember. This is the Bottom-Line Report. A monthly supply demand and production estimate seems less urgent today, yet the grain trade awaits …

federal peanut program

Federal Peanut Program Updates

A part of the federal peanut program passed by Congress is the ARC program and the PLC program. Farmers in the peanut area usually sign up for the PLC, price loss coverage. That means that the average price of peanuts this past year is much lower than the suggested reference price that’s the Farm Bill. The Farm Bill has a …

corn

Projected Corn Yields

StoneX released updated production estimates ahead of USDA numbers that come tomorrow morning, and they still see a national corn yield just short of 183 bushels an acre, three bushels above USDA’s August number, 10 bushels above the pro-farmer number. StoneX places the corn yield nationally 182.9, and a crop over 16.2 billion bushels. Their soybean estimates more in line …

National Peanut Day

National Peanut Day

National Peanut Day is coming up September the 13th. It honors the versatility and the rich heritage of peanuts, which is a beloved snack in America. National Peanut Day is a chance to work some peanuts into a healthy diet, used in most any way with tasty lunchbox snacks or as tasty stir-fry sauce. Peanuts make a great snack that …

Harvest Rates

Custom Harvest Rates to Change

Custom harvest rates, of course, can vary from state to state and crop to crop. Universities suggest custom operators carefully figure the cost of fuel this year before figuring a final rate. To be helpful, University of Illinois suggests a custom rate for corn, $54.40 an acre. Soybeans, $47.60, including overhead, fuel and labor. Iowa State University shows $50.60 an …

Charles Hatcher

Remembering Charles Hatcher

A good friend to agriculture has passed. Former Congressman Charles Hatcher of Albany and Camilla, Georgia, has passed at 87. He graduated from Georgia Southern University and later earned a law degree from the University of Georgia Law School. He developed a thriving law practice in Albany, Georgia for many years, and then he started serving in the Georgia House …

peanut harvest

Peanut Harvesting Time

South Georgia, Florida, and Alabama are now preparing for peanut harvest time. The growers are keeping a close eye on the skies, trying to make sure they get back into the field, and the global markets navigating a highly complicated crop season. While Georgia comfortably leads the nation in peanut production, maintaining the dominance this season requires farmers to manage …

National Peanut Day

Eat Peanuts for Brain Health

The Peanut Institute publishes information about what is nutrition about peanuts. They say now it’s a brain-boosting benefit for men. Maintaining brain health in men, they say, requires attention to heart health, hormone regulation, and regular mental activity. Because men can be more vulnerable to accelerated cognitive aging and are less likely to seek treatment, preventive health care, including effective …

corn

Corn, Wheat, and Soybean Futures

Late week highs in corn, soybean, and wheat futures could be new targets going into the September crop report from USDA a week from today. Watching December corn at the 550 level, November soybeans 1324-1325. Most analysts expect USDA to come below the pro-farmer corn number and at or maybe a little below their soybean number. Several producers that I’ve …

digging

Time to Start Digging Peanuts

It’s peanut digging time as the peanuts are about ready and farmers are checking their fields now. At the same time, the Federal State Inspection Service is getting ready to grade this peanut crop. In Georgia, they said they have 116 buying points across the state with inspectors and assistants. They said we began the refresher training of experienced inspectors …