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CROP NEWS WEEKLY
In the January 21, 2009 Issue:
Brought to you by the editors of
Corn and Soybean Digest and Farm Industry News
 Bradley: 'Can-do' spirit sustains America
 ASA sends priorities to Obama
 Senators: Implement disaster assistance
 Fertilizer prices have dropped
 EU official: Europe must accept biotech
 Building soybean's parts list
 Schafer: U.S. agriculture force for peace
 House selects Ag Committee
 $58 million for new conservation program
 USDA's interim final rule amends EQIP
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Force is a Restricted Use Pesticide.

EDITOR'S NOTE

Logan Hawkes
01/21/09

Hats off to the NFL! At least the big games of the year are not staged during spring planting or fall harvest. I don't know if you're a football fan or not, but if you are, those free Sunday afternoons are a great time to catch up with the latest, and the playoffs this year have been more than exciting. Of course, it's all about to end when Super Bowl 44 arrives on Feb. 1. Then it's back to work.

Speaking of work, newly sworn in President Barack Obama says he's ready to settle down into the massive job of grinding the economic slide to a halt. The word is out that Obama is sending clear messages down through the ranks of federal departments that his administration will be taking an active part in defining policies and enforcing a tight control of all government functions. What this means for agriculture, of course, remains to be seen. And while the question of whether the job is bigger than the man is yet to be answered, this week's historic inauguration at least indicates the President's term of office has started off with a big bang. Here's hoping the fuse doesn't fizzle.

We're loaded up this week with news, issues and interesting information you'll find helpful. So dig in and enjoy. Happy reading.

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FROM OUR EDITORS

Bradley: 'Can-do' spirit sustains America

Americans’ “can-do” spirit will sustain the nation through today’s turbulent economic times, says former U.S. Sen. Bill Bradley, who delivered the keynote address at the 90th annual meeting of the American Farm Bureau Federation in San Antonio. Two simple things need to happen in order for the nation to move out of “can’t do” mode, according to Bradley.

“We need to put country ahead of party and we need to tell people the truth,” Bradley said. “As Americans, we share more than what divides us.” He cited good jobs, access to health care, a secure pension at retirement and access to education as examples of common goals for all Americans.

FULL ARTICLE >>

ASA sends priorities to Obama

In mid-January, the American Soybean Association submitted a document outlining its 2009 policy priorities to the Obama administration.

“ASA looks forward to working closely with the Obama administration to achieve these policy priorities, which not only make sense for soybean farmers, but also benefit our entire country through reduced dependence on foreign oil, job creation, increased U.S. exports and a modernized infrastructure system,” said Johnny Dodson, ASA president and soybean producer from Halls, Tenn.

FULL ARTICLE >>

Senators: Implement disaster assistance

In a mid-January letter to Senate Majority Leader Harry Reid, Arkansas Sen. Blanche Lincoln continued to push for disaster assistance for farmers impacted by severe storms in 2008. Similarly, in a letter to Barack Obama, North Dakota Sen. Kent Conrad and Montana Sen. Max Baucus called on the incoming administration to take quick and decisive action to improve and implement the standing disaster provision in last year’s farm bill.

FULL ARTICLE >>

Fertilizer prices have dropped

Difficulties within the financial sector became apparent in the middle of September as the U.S. government grappled with responses to a worsening credit situation. The financial meltdown, along with public perceptions of economic problems, has led to concerns that a deep, world-wide recession is occurring.

As a result, prices of many commodities have declined dramatically in the belief that demands for those commodities are being reduced. Among those commodities seeing declines are wholesale fertilizers. Lower wholesale fertilizer prices likely will lead to lower prices that farmers pay for fertilizers. Lower fertilizer prices then may lead to an increase in corn profitability relative to soybean profitability.

FULL ARTICLE >>

EU official: Europe must accept biotech

Food imports produced through biotechnology should be less of a problem for European Union countries as the rest of the world adopts them, EU official Dan Rotenberg said at a seminar on U.S./EU trade relations during the American Farm Bureau Federation’s 90th annual meeting in San Antonio. The EU must accept biotech food and feed or it won’t be able to feed its livestock, Rotenberg said, and would then need to import meat from animals fed biotech crops in the United States or elsewhere. Rotenberg is the European Commission counselor to the United States.

FULL ARTICLE >>

Building soybean's parts list

Soybean farmers soon will be one step closer to better drought-tolerant soybean varieties. University of Missouri researchers will construct a comprehensive database of all proteins and metabolites in soybeans. Once compiled, the database will allow researchers to study changes in proteins and metabolites in soybeans grown under drought and other stressed conditions. When combined with data from the recently released soybean genome, scientists will have a very powerful set of tools that will help breeders engineer better-performing soybean plants. The research project will be funded by a new three-year, $1.1 million grant awarded by the United Soybean Board.

FULL ARTICLE >>

Schafer: U.S. agriculture force for peace

In what may be his last public speech before leaving office Jan. 20, U.S. Agriculture Secretary Ed Schafer said one of the lessons he learned during his year in office is how interconnected the world is — and how agriculture can be a force for peace. Speaking at the American Farm Bureau Federation’s 90th annual meeting in San Antonio, Schafer said that although America has long played the lead role in providing emergency food aid to the world’s hungry, it’s now time to take another step. The greatest challenge, Schafer said, is to feed the 70 million additional people who join the world’s population every year.

FULL ARTICLE >>

House selects Ag Committee

Agriculture Committee Chair Collin C. Peterson of Minnesota has announced the members selected to serve on the House Agriculture Committee for the 111th Congress. The House Democratic Steering Committee named 11 freshmen members and 17 returning members to serve on the Agriculture Committee. The House Republican Conference named 17 Republicans to serve on the committee and left one seat vacant.

FULL ARTICLE >>

$58 million for new conservation program

Up to $58.4 million in financial assistance is available to agricultural producers and entities through the Agricultural Water Enhancement Program, established in the current farm bill to promote ground and surface water conservation and water quality improvement. USDA is seeking project proposals from potential partners through this program. Proposals must be submitted by March 2. The Agricultural Water Enhancement Program request for proposals can be viewed at the USDA-Natural Resources Conservation Service’s Web site; at the official government regulation Web Site; and at the Federal Register.

FULL ARTICLE >>

USDA's interim final rule amends EQIP

Agriculture Secretary Ed Schafer today announced changes to the Environmental Quality Incentives Program (EQIP), the U.S. Department of Agriculture's largest conservation program for working agricultural lands. USDA published an interim final rule containing the statutory changes to EQIP in the Federal Register today. USDA is seeking public comment on the rule through March 16, 2009. The Food, Conservation, and Energy Act of 2008, or 2008 Farm Bill, includes non-industrial private forestland as an eligible land use and provides payments for conservation practices related to organic production or the transition to organic production. It also provides for increased payment rates to historically underserved producers, including limited resource, beginning, and socially disadvantaged farmers and ranchers.

FULL ARTICLE >>

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“Waterhemp is a significant problem in soybeans, and the potential for it to be an even bigger problem is huge. I’ve seen a yield reduction of 40 to 50 bushels per acre when it’s taken over the field. It’s one of those weeds you have to remove from the field—physically remove. If you just pull it up and leave it there, it’ll re-root and remain or gain as a problem.” Ken Dahlenburg, grower, central Illinois. Learn more at www.resistancefighter.com

AUDIO/VIDEO FEATURES
Soybeans: How to maximize economic return
Maximum Economic Return in soybeans is more important than ever. A new Corn & Soybean Digest video tells you how to find the magic intersection of plant population, fertility, tillage, variety selection, insect scouting and seed treatment use to lock in a profit rather than simply increase yields. This information comes from soybean expert Palle Pedersen, Extension soybean agronomist, Iowa State University. Click here for more

You’ll find other helpful videos on a variety of agronomic, economic, production and marketing topics at CSD Live
KENT THIESSE
2009 Farm Program Sign-up
Sign-up for the Direct and Counter-Cyclical Program (DCP) for 2009 is now underway at county Farm Service Agency (FSA) offices, and will continue until June 1, 2009. The DCP was initiated as part of the 2002 Farm Bill, and will continue as part of the Food, Conservation and Energy Act of 2008 (the new farm bill). There are actually five different farm program payments that are part of the new bill. They include:

Direct payments
Counter-cyclical payments (CCPs)
CCC marketing loans or loan deficiency payments (LDPs)
Average crop revenue election (ACRE) payments (optional)
Supplemental revenue assurance (SURE) payments
More
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RICHARD BROCK
Brazil Soy Sales Slowly Picking Up
Sales of Brazil's new soybean crop continue to lag well behind normal, but have accelerated since the start of the new year with the advance of early harvest under favorable weather in the center-west, grain analysts said on Monday. In the current credit environment, with rising international prices and drought over the southern soy-producing states and Argentina, producers have been slow to sell their new crop.

But the start of early harvest earlier in January in Brazil's main soy-producer state of Mato Grosso in the center-west has prompted the sales of beans in recent weeks.
More
MORE MAGAZINE HIGHLIGHTS
ECONOMIC RECOVERY: NEXT DECADE?
Road Warrior Dave Kohl writes: "One of the questions I am most frequently asked at seminars is “When will the U.S. economy turn around?” On a humorous side note, a number of Aussie bankers asked that question within the pretext of “What are the factors we need to be watching for when you ‘yanks’ have the economic ship in shape?”

First, it will probably be in the next decade before the economic correction occurs. Before your blood pressure starts to rise, the next decade is only 12 months ahead of us. A typical recession usually lasts 11 months; however, in recent years it has been reduced to seven months with longer periods of business expansion." - Corn & Soybean Digest
More


2009 AG SYMPOSUIM
Brock Associates is hosting the 2009 Agricultural Economic Symposium on Feb. 23-25, just before Commodity Classic.

“This year’s Agricultural Economic Symposium will again be immediately prior to the Commodity Classic, and this year we’re all headed to Dallas, TX,” says Richard Brock of Brock Associates. “This arrangement allows you to attend two great industry events in one convenient location”

Sessions include Agriculture and The World in Transition, Farmland Values, Farm Transition Planning, Managing in New Economic Times, The Economics of Innovation, Weather–Long-Term Impact, The Impact on Grain and Livestock Prices, Meeting Global Demands Through Innovation, Ethanol –Will the Growth Continue and Grain Price Outlook–Where Are We Headed?

“The 2009 Agricultural Economic Symposium is jam packed with dynamic, high profile speakers who are among the sharpest minds in the industry,” says Brock. “We are once again fortunate to have Rob Fraley from Monsanto on the program. Also on the program will be the ever-popular Dr. David Kohl.”

Registration for the conference is $325, and includes all sessions, handouts, breaks, meals and a reception on Monday evening. To register, call 800-558-3431 or go to www.brockreport.com/seminars.php


WEEKLY POLL
What do you think of USDA's new "active-engagement test" requiring farmers to make significant contributions of active personal management in order to qualify for 2009 farm program payments? Do you think it's a good idea? Was the previous language better? Or does it make any difference to you? Click on the headline above and take the poll!

CONSERVATION TILLAGE CONFERENCE
The fifth annual Conservation Tillage Conference is little more than a week away. The two-day event is scheduled for Jan. 28-29 at Jackpot Junction, Morton, MN. Leading industry and university experts will cover topics like: planting corn in cooler soils, placing fertilizer close to seed, tuning up your planter and getting the most out of your nitrogen fertilizers. Plus, you won’t want to miss the general session which will include a farmer panel discussing the latest conservation tillage practices. Cost for the conference is $100 until Jan. 9. After that, the price is $125. For more details and registration, log on to www.tillageconference.com or call Jodi or Mary Jo at the University of Minnesota Extension Regional Office, 507-337-2800. The conference is brought to you by the University of Minnesota and Corn & Soybean Digest.


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