Friday, January 8, 2010


In this Issue:

  • This week at KyCGA

  • Register Today for the Kentucky Commodity Conference

  • Corn Yield Contest Results

  • Stored Grain Management Vital Due to Higher Moister Levels

  • On The Money Market Commentary by Dewey Strickler

This week at KyCGA

Laura Knoth, the association's new executive director, officially took the reins on Monday, January 4. Laura says she is excited about new opportunities and ready to tackle any challenges head on.

Register Now for the Kentucky
Commodity Conference
January 22, 2010 - Holiday Inn University
Plaza, Bowling Green

Don't forget to send in your registration today!
View the agenda, hotel information.

 


PRODUCTION NEWS

KyCGA Congratulates Kentucky Yield Contest Winners

We would like to congratulate all of the winners of this year's National and Kentucky corn yield contests. While an individual record yield was not achieved, most all recognized yields were over 250 bushels per acre. Advances in technology and interesting weather aided Kentucky farmers to produce the largest corn crop in state history--more than 180 million bushels.

National Corn Yield Contest Results

Kentucky Extension Yield Contest Winners

 

Higher moisture levels increase importance of stored grain management

Grain was harvested at higher moisture levels this past fall on many farms in Kentucky and neighboring states. With much of that grain now in storage bins, growers need to take extra precautions in managing it.

"A point or two of moisture makes a lot of difference in the storability of the crop. Higher moisture levels require more care," said Sam McNeill, extension agricultural engineer with the University of Kentucky College of Agriculture.

Management is important in reducing storage losses of a valuable commodity. Averaging around $3.75 a bushel for February delivery, corn prices are about 30 percent higher than the 2000 to 2007 average, said Cory Walters, UK agricultural economist. At that price, a completely full 50,000-bushel bin is worth around $187,500.

Growers need to check for mold, insects and hot pockets in the bins. Grain stored at higher moisture levels is more susceptible to mold growth. If hot pockets develop, the warmer temperatures promote both mold and insects.

Fortunately, cooler temperatures over the past few weeks have kept quality in control.

"It's cool enough now that there's a wider safety margin for moisture, but growers need to make sure that it's uniformly cool throughout the bin," McNeill said.

Corn should be stored within 10 degrees of the average monthly temperature. For December in Kentucky, it's 37 degrees. While the cooler air won't help dry the grain, it will prevent hot pockets from developing.

"If temperatures were to rise to around 60 degrees, growers would need to closely watch for hot pockets, even in corn at 16 percent moisture," he said.

Growers should routinely check the temperature of their stored grain by taking samples from several locations and depths in the bin. It can be difficult to check grain temperature below the surface, especially in full bins. Temperature cables, although expensive, can aid in this task. Growers have another opportunity to check grain temperatures at varying levels when they move grain from the bin to sell.

To prevent hot pockets, growers may want to intermittently run fans to help keep grain temperatures cool by providing a fresh burst of cold air to the grain.

Growers should always take safety precautions when inspecting stored grain and make sure to do bin inspections in pairs. In the past, some producers were trapped or suffocated in bins when unsafe practices were used.

More information on managing storage bins is provided in UK extension publication AEN-45, "Aeration, Inspecting and Sampling of Grain Storage Bins," which is available at county extension offices.

KyCGA has provided a number of storage and mycotoxin resources at http://www.kycorn.org/.


January 8, 2010 On The Money Market Commentary

Ag Watch Market Advisors, LLC periodically provides a weekly issue of the grain commentary to KyCGA members via email. Anyone interested in receiving this publication every week should send an email to agwatchdls@comcast.net or call Dewey Strickler toll-free at (877) 853-2202.

Website: www.agwatch.biz

 

Comments and suggestions are provided for information purposes only. Information contained herein is obtained from sources believed to be reliable but not guaranteed to its accuracy or completeness. Readers using the information contained herein are responsible for their own actions. No presentations can be made that recommendations will be profitable or that they will not result in losses. This information is neither an offer to sell nor solicitation to buy of the commodity futures mentioned herein. The writer may be trading in the commodities mentioned.
 


Visit www.commodityclassic.com to view the full agenda and to register.

Registration is now open.


See what growers are doing for the industry nationally.


Visit www.kycorn.org for more news and resources