Early Harvest Results, 2017 Seed Pricing/Programs  09/09/16 8:33:58 AM

EARLY HARVEST RESULTS—Wet moisture on the harvested corn has been in the mid 20’s—a little drier than “normal” for the first full week of September.

 

DKC51-19RIB—101 RM—Planted April 1st , Harvested August 31st211 acre dry land average yield of 218.68 bu/acre on a 15% moisture equivalent.

 

DKC52-61RIB—102 RM—Planted April 2nd , Harvested September 2nd53.4 acre dry land average yield of 224.99 bu/acre on a 15% moisture equivalent.

 

DKC61-79RIB—111 RM—Planted April 3rd , Harvested September 6th71.79 acre dry land average yield of 245.03 bu/acre on a 15% moisture equivalent.

 

SEED PRICING—Prices are flat to down when compared to last year.  Seed prices have remained steady really for the past 4 years now.  I will always point out that there is a difference in what things cost vs. the value your seed choices will give you in the end.  All forms of investments cost money.  Some are more than others, but many times they can reap you larger rewards at the end of the investment term.  THIS YEAR,—More than any other year in my 20 years in the seed business, have I seen this number of options for all growers to consider—whether you have been loyal to DeKalb and Asgrow OR you have become interested in the brand and want to try it out for 2017.

Here are some specifics:

1)      Price Discounts                12% Volume,  8% Cash by Nov. 22nd  2016

                                              12% Volume,  6% Cash till Jan. 20th 2017

            WBI offers a 12% volume discount to all growers regardless of the number of units.  These discounts are taken off the list price of the seed on the date of purchase.  The orders that qualify under the following programs are paid back to you late next summer.  WHY NEXT SUMMER?  This is to insure that growers participating in the program are rewarded accurately and to insure that all qualifying units are accounted for after planting is complete.

           

2)       Grow Early Commitment

I know what you are thinking—I do not/will not want to decide on all seed purchases until I get done with harvest—I agree—this is a large investment decision we make every year.  There is/are many of these type programs from a number of brands each year and I am tired of them.    CONSIDER THIS—if you have been satisfied with our service commitment to you and the Asgrow and DeKalb brands proven performance in the past and intend to use them again in 2017, here is an additional discount:       

           

--You can earn and extra $6/Unit on Corn and $1.50/Unit on Soybeans for seed orders that equals or exceeds your 2016 order as long as that order is placed by Oct. 15th

 

Don’t get anxious regarding the exact hybrid or variety—we can shape that up once harvest is over and you have time to look at the yield grids.  As long as you let us know that you would like to participate, we will handle the rest. 

 

3)       Acres of Opportunity 

Earn $20/unit on Corn and $5/Unit on Soybean purchases on incremental units above and beyond what you purchased from Asgrow and DeKalb in 2016

 

This program will be applied to ALL GROWTH—Meaning that if you purchase 100 units last year and purchase 125 for the 2017 planting season, the 25 additional units would get the respective $20 for corn or $5 for Soybeans off.. 

 

HERE IS A GOOD PART—the 100 unit part of the order would also get the $6/Unit in Corn and $1.50/Unit in Soybeans from the Early Commitment Program

 

4)       Aim for the Best

Earn $15/Unit for Corn and $4/Unit for Soybeans when purchasing “the 2017 class” of genetics on orders that equals or exceeds your 2016 order as long as that order is placed by Nov 22nd---i.e.  the latest and greatest of the newly released corn and soybean lines.  RR2Xtend products including AG34X7 and AG39X7 and elite Corn hybrids such as DKC64-35, DKC66-75 and DKC70-27---All of which appear to be as advertised.

 

Newly released genetics normally are supply limited—that is part of the reason to book it early—by Nov 22nd we will have supportive data to aid in this decision over and above what we already know.

 

5)       DeKalb Acre Plus

If you plant DeKalb corn, and you use either Degree Xtra, Harness, Harness Xtra, Tripleflex as your pre-emergence corn and follow it with Roundup PowerMAX, RoundupPowerMAX II or Roundup WeatherMax as a base post-emergence treatment, you will receive up to an additional $8.75 per unit back per unit of corn purchased. 

            This is NEW in that there is a refund within the DeKalb and Monsanto brands when purchasing/using both corn and herbicides.

           

6)       John Deere Financial 

Purchase Asgrow or Dekalb Seed by November 22nd and receive 4% discount and 0% Variable interest rate (APR) with payment of purchase due in November of 2017.  If purchase by January 22nd 2017, receive a 4% and Prime -1% (APR) with payment of purchase due in November of 2017.

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Sense of Yield--When a field is significantly better or worse than your farm average, it is hard to know for sure why. The differences may be large within only a mile or two between locations.  As an example, consider some of these factors as you analyze crop yields this fall.

 

1)      Yield history – Has this field tended to be different than your average in the past?

2)      Planting date – How did it compare to similar fields planted at the same time?

3)      Maturity – How did the hybrid/variety compare to others of similar maturity?

4)      Rainfall – Could this field have received significantly more or less rainfall?

5)      Cropping practices – Are there tillage, fertility, herbicide or other differences?

6)      Hybrid/variety selection – How did that hybrid or variety perform in other fields?

 

Often the answer is not just one thing, but a very complex set of issues and conditions. In research we refer to this variability as G ´ E or Genotype by Environment interaction. Put simply, G ´ E is the way a hybrid or variety responds to its environment. We try to manage G ´ E by researching performance in as many environments as possible in an attempt to know where hybrids perform the best. Unfortunately, even if we know what hybrids will excel in a certain environment – the environment always changes from one year to the next. We use the best information available and then recommend a package of several diverse hybrids to put you in the best position to take advantage favorable environments and protect you from less-favorable ones.

                       

Prior to a killing frost these past years, green soybean stems with dry grain moistures have become a concern in a number of varieties from a number of companies.  I realize that green stems through the combine makes an unsettling sound and can be cause for concern. This year, with above average plant height and an increased lodging potential, green stemmed plants accumulating on the platform adds to this unrest..   Is it a problem?   Depends on your perspective. Remember back a number ofyears ago when this same situation developed.  In 1998, a summer/fall similar to this one--wetter late August into September which delayed the maturity of certain varieties of soybeans.  Is there a genetic link?  Yes!  Varieties bred with stronger tolerances to late season diseases such as Brown Stem Rot generally have a greener, healthier plant longer into the growing season which also increase their yield potential.  Viral infections such as bean pod mottle virus can also cause spotty green stemmed areas within a field.  Most producers would agree that although green stemmed soybeans pose an issue during harvest prior to a frost, the yield results from these varieties in question are generally some of the best results they encounter.  On the flip side of this conversation, some producers historically try to wait for the frost to lessen the green stem chances at harvest.  Usually in doing this they can encounter excessive soybean shattering out of the pods at the reel/sickle of their platforms as they harvest.  Is this a genetic link?  There are varieties more prone for shattering.  The culprit usually is the fact that in waiting for the stems to dry and lose moisture, grain continues to dry below 8% in some of these cases.  When grain gets that dry, genetic tolerances to this problem are not what is at issue.  

 
John W. McNamara
Agronomist
Wiles Bros. Inc.

 

 

 
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