Agriculture in the Area Mike Roegge University of Illinois Extension Adams/Brown Unit.

Slides:



Advertisements
Similar presentations
GPS/GIS Applications in Agriculture
Advertisements

Farmland Values and Leasing Key Questions Chapter 20 §What determines the value of farmland? §What are the advantages and disadvantages of owning vs. leasing?
Farmland Leasing Economics 333. Types of Rental Arrangements Cash Rent Flexible Cash Rent Crop Share 50-50Tenant & Landlord 67-33Tenant & Landlord Custom.
Automatic Section Control (ASC) Technology Michael Buschermohle Precision Agriculture Specialist UT Extension Michael Buschermohle Precision Agriculture.

The Financial Condition of Idaho Agriculture: 2004 projections John Hammel, Dean Ben Eborn, Extension Educator Garth Taylor, Extension Economist.
2012 Crop Budgets: Corn, Soybeans, Wheat? Alan Miller and Craig Dobbins Purdue University is an Equal Opportunity/Equal Access institution.
PRECISION FARMING: ADOPTION, PROFITABILITY, AND MAKING BETTER USE OF DATA T.W. Griffin, J. Lowenberg-DeBoer, D.M. Lambert, and J. Peone Site Specific Management.
Soybean-Corn Price Ratio Is it Still Relevant? August 15, 2011 Greg Halich 311 CE Barnhart Dept. Agricultural Economics.
WHAT’S PRECISION WORTH?
Farmland Rental Rate Briefing Ag Lender Day Lamberton August 12 th, 2014 David Bau Extension Educator Agricultural Business Management University of Minnesota.
Can You Pay $300/acre Land Rent with $4 Corn? November 18-20, 2013 Greg Halich 311 CE Barnhart Dept. Agricultural Economics.
Hurley, 2001 What to Know Before Planting GMO Terry Hurley Telephone:
Purdue University is an equal access/equal opportunity institution Economics of Organic Farming What Do We Know? Corinne Alexander Department of Agricultural.
Introduction to 2012 Census of Agriculture Data for Oklahoma Damona Doye Rainbolt Chair of Agricultural Finance Extension Economist.
Regional Issues and Program Committee September 30, 2003 Larry D. Jones, Agricultural Economics.
Precision Guidance Systems for Efficient Material Application Presented By: Craig Kincaid.
2014 Illinois Farm Economics Summit The Profitability of Illinois Agriculture: Back to the Future? 2015 Crop and Income Outlook: Conserve Cash Now Gary.
Economics of Precision Agriculture, What Technologies are Being Adopted and Why Danny Dallas Soil 4213.
GM vs CONVENTIONAL A PRODUCTION ECONOMIC PERSPECTIVE By: Dr. Duane R. Berglund Professor of Agronomy North Dakota State University.
Farm Leases Tim Eggers Field Ag Economist Southwest Iowa
2015 Farmland Leasing Outlook Gary Schnitkey University of Illinois.
West Hills College Farm of the Future. West Hills College Farm of the Future Precision Agriculture – Lesson 5 What is Precision Agriculture?? Managing.
Rome May Agriculture and the Agriculture Equipment Manufacturing Industry in the United States of America Presented by Russell A. Fowler representing.
GPS Capabilities and Future Products Robert E. Wolf, Randy K.Taylor Biological and Agricultural Engineering Dept. Kansas State University.
Corn Industry Trends Tom Lilja December 18, 2013.
Getting the Value from Guidance Systems, Light Bars, and GPS Marvin Stone Biosystems and Agricultural Engineering.
The Precision-Farming Guide for Agriculturalists Chapter One
1413 E. Poplar St. Algona, IA Ph:
Costs and returns project Congress decreed that USDA conduct cost of production (COP) studies for selected commodities National survey for 15 commodities.
Budgets: Uses in Farm Management
Unit 1: Introduction to Agriculture. Objectives 1.1 Define terminology 1.2 Determine the impact of agriculture on Arkansas' economy. (rice, soybeans,
MAKING PRECISION AGRICULTURE PAY ! Frannie Rogers BIOEN/SOIL 4213.
Future Of Agricultural Machinery in the United States UNACOMA General Assembly 21 June 2007 Charlie O’Brien Vice President – Agricultural Services.
1 RISING INPUT COSTS: IMPLICATIONS FOR CROP ROTATIONS AND CASH RENT LEVELS Gary Schnitkey.
Grain Profitability Outlook Cash Rents Land Values Greg Halich Univ. of Kentucky
Precision Agriculture: GPS and Differential Corrections.
Using Production Costs and Breakeven Levels to Determine Income Possibilities by Gary Schnitkey and Dale Lattz.
Grain Profitability Outlook Cash Rents Land Values Greg Halich Univ. of Kentucky
AG LEADER SCHOLARSHIP PRESENTATION Andrew Jungers.
The U.S. Food and Fiber Industry Chapter 2. CHAPTER 2: TOPICS OF DISCUSSION Indices and nominal versus real values What is the food and fiber Industry?
2012 Crop Budgets Update Alan Miller and Craig Dobbins Learning Tuesday Webinar February 21, 2012 Purdue University is an Equal Opportunity/Equal Access.
Utilizing a handheld GPS unit, a farmer or rancher can locate pumps, irrigation standpipes, wet and dry areas, cattle, and the location of fences that.
The Importance of Precision Ag in Custom Operations Trindle Brueggen.
Precision Agriculture John Nowatzki Extension Ag Machine Systems Specialist.
Precision Agriculture Technology John Nowatzki Extension Ag Machine Systems Ag & Biosystems Engineering Dept.
BEAN OR GENE ISSUES ASSOCIATED WITH THE PRODUCTION OF THE GLYPHOSATE RESISTANT SOYBEAN Power Point created by Shayla Kisling Georgia Agriculture Education.
Land Auction: Year 7 §50 parcels available, 100 acres each §Land is identical to present land §Each parcel goes to the highest bidder §Minimum bid is $2,500.
Chapter 10: Kay and Edwards
Grain Markets and Cost of Production
Bull or Bear? Samuel E. Kain Accredited Land Consultant
The Revolutions.
Feeding the World.
Precision Ag Technology
Habits of Financially Resilient Farms - continued
The U.S. Food and Fiber Industry
Crop Economics: Continuing Need to Cut Costs
Maintaining Profitability January 2008
Habits of Financially Resilient Farms
Insuring Iowa’s Agriculture Michael Duffy Ames, IA November 3, 2009
Jeremiah Behrens 2009 Ag Leader Scholarship.
Who benefits from Biotechnology?
US Farming Market Outlook
Integrated Crop-Livestock Production Systems
Farm Financial Statements
Intro to Precision Agriculture
T.W. Griffin, J. Lowenberg-DeBoer, D.M. Lambert, and J. Peone
The U.S. Food and Fiber Industry
Ron Steenhoek.
Travis Schwickerath.
Presentation transcript:

Agriculture in the Area Mike Roegge University of Illinois Extension Adams/Brown Unit

Economic impact Economic impact Technology Technology Biotechnology Biotechnology Ag trends Ag trends Farm facts Farm facts Major issues today Major issues today

Ag Statistics 2007 # Farms Full time Part time Value of land/ bldgs per farm Adams M Brown M Hancock M Pike M

Crop Acres 2009 (thousand) CornSoybeanWheat Adams Brown Hancock Pike17492-

2009 Sales Adams Brown Hancock Pike Crop ValuesLivestock soldTotal (Million dollars)

Livestock 2008 Cash receipts # cows #hogs Adams47.6M 14, ,100 Brown8.5M-19,900 Hancock 50.9M 8 12, ,200 5 Pike38.3M 11, ,100 7

Budget for Corn 2011 Revenue 197 bu $4.80$946 government payment 24 $970 Expenses Fertilizer, pesticides, seed, drying, storage, insurance 328 Machine hire, repair and dep., utilities, fuel/oil, vehicle 91 Labor, bldg repair and dep., insurance, misc, interest Budget, FarmDoc

Technology on the farm

GPS- Global Positioning Systems Guidance, auto-steer Guidance, auto-steer Swath control Swath control Yield maps Yield maps Variable rate fertilizer spreading Variable rate fertilizer spreading Aerial applications Aerial applications Scouting Scouting

Guidance Lightbars Lightbars Visual indicators Visual indicators Autosteer Autosteer Raven Industries, Inc. EZ Guide 500, Trimble

Auto Steer Steering wheel mount Steering wheel mount Steering column mount Steering column mount Integrated hydraulic system Integrated hydraulic system EZ Steer, Trimble

Differential GPS (DGPS) GPS≥ 10 ft GPS≥ 10 ft WAAS Correction6”-20” WAAS Correction6”-20” Satellite Correction< 6 in Satellite Correction< 6 in RTK < 1 in RTK < 1 in

Sprayer Swath Control By Sections of the boom By Sections of the boom Individual Nozzles - Pulse width modulation Individual Nozzles - Pulse width modulation

Planter controls Section control Section control –Multiple row Individual row control Individual row control

Why Increased Use?? Increased efficiencies w/ large equipment equal cost savings Increased efficiencies w/ large equipment equal cost savings 120 acre field 120 acre field –Sprayer-60’ boom, 2.5’ average overlap, waterway, seed and herbicide cost $120/acre –Swath efficiency $220 –Auto shutoff $119 –Total $339

GMO’s What are they? What are they? Why do farmers use them? Why do farmers use them? How do they work? How do they work? Are they used? How common? Are they used? How common?

Genetically Modified Soybean First available in soybean in 1996 First available in soybean in 1996 Adoption of technology rapid Adoption of technology rapid Traits available initially for producer- Traits available initially for producer- –Roundup ready and Ignite (weed control Newer traits for consumers Newer traits for consumers –Low linolenic- reduce trans fats –Low sat fat, mid oelic, - low sat and trans and better stability –Omega 3 –High oleic- reduce trans fats, improve stability in cooking

GMO Corn Introduced for European Corn Borer control in 1996 Introduced for European Corn Borer control in 1996 Several proteins used for insect control Several proteins used for insect control Insect control Insect control –European Corn Borer and other leps –Corn Rootworm Weed control Weed control –Roundup –Ignite

GMO’s Account for 90% of soybean acres in IL in 2009 Account for 90% of soybean acres in IL in 2009 Account for 82% of corn acres in IL in 2010 Account for 82% of corn acres in IL in 2010 Region- less corn acres planted to GMO Region- less corn acres planted to GMO

GMO’s What are they? What are they? Why do farmers use them? Why do farmers use them? How do they work? How do they work? Are they used? How common? Are they used? How common?

Issues Today Cost of farming Cost of farming –Cash rents –Land prices –Input prices –Crop prices Demand (determines prices received) Demand (determines prices received) –Export –Domestic –Livestock

Trends Farm size larger Farm size larger Less diversification Less diversification Fewer people to work more acres Fewer people to work more acres Capital expenditures huge Capital expenditures huge Ability to retain farm land questioned Ability to retain farm land questioned

Agricultural Jobs Production Production –Growers, managers, hort, livestock, grain Marketing/Sales Marketing/Sales –Seed, chemical, fertilizer, livestock, tile, machinery, grain Scientist/engineering Scientist/engineering –Precision ag, research (plant/animal), genomics, environmental Management/business Management/business –Consultant, banker, real estate,broker, economist Education/Communication Education/Communication –Educator, media, public health, USDA