SELECT ONE OF THE FOLLOWING
Please see the following for an update on our path to 4R Nutrient Stewardship Certification.
Right Product, Right Place, Right Time, Right Rate
Here are some additional resources for more information
4R Nutrient Stewardship (agris.coop)
Stewardship – Fertilizer Canada
Nutrient Stewardship 4R Pocket Guide | https://nutrientstewardship.org/4rs/
Please see the attached note for the upcoming schedule.
Based on feedback from 2021, we have again been asked to present on precision ag topics.
As before – if you register for the event, we will send you a meeting link, and you can watch the online version later on.
Session 1: Advanced Guidance and Steering.
March 1st, 2022 @ 1:30PM
We are really excited about our experience with Raven VSN visual guidance system, as well as using Raven Auto-Turn with an RS1 steering controller and a Viper 4+.
Session 2: All about application controls.
March 8th, 2022 @ 1:30PM
Bring your questions about SCS consoles, CAN And ISOBUS controllers!
Session 3: Field Computer updates for 2022
March 9th, 2022 @ 1:30PM
Session 4: Haggerty AgRobotics 2022 – Autonomy Update. Details TBA.
NOTE: Date changed to March 25th, 2022 March 16th, 2022 @ 1:30PM
Register here: https://lnkd.in/eapqRAx5
Chris White prepared a summary of the USDA report released today. Here is a brief synopsis:
USDA report (with notes from MID-CO)
The USDA released a number of grain related reports today at noon including WASDE, quarterly stocks and winter wheat assessments
Here is a summary of what the reports contained
Corn
USDA estimate for US 2021 crop is 15.11 billion bushels, which is up from the estimate in December of 15.06 billion bushels. US carryout now estimated at 1.54 billion bushels, up from 1.49 billion last month. Worldwide the carryout out estimate is 303.1 million MT which is a 2.4 million MT decrease from last month.
Soybeans
US crop for 2021 now estimated at 4.435 billion bushels, an increase from last month’s estimate of 4.425 billion bushels. Ending stocks are now estimated at 350 million bushels, up 10 million bushel from last time. Worldwide stocks is now forecasted at 95.2 million MT, which is a decrease from last month’s forecast of 120 million MT.
In response to this news corn markets closed down 2 cents and soybeans closed up 12 ¾ cents
Over the past couple of years there has been multiple developments involving the market for Carbon and Carbon capture.
While these developments have (somewhat) occurred with varying degrees of farmer input, the impact of decisions made affects farmers greatly, both in terms of policy implementation (restrictions and regulations) as well as financially, though carbon fees.
We would like to start a conversation with interested growers, by first understanding what the market for carbon might look like, and if there are ways and opportunities for us, as a group, to try to capture some returns from whatever market for carbon there may be.
Rather than just comply with what we are being asked to pay, or accept what we are being offered as compensation, we at Haggerty feel that by becoming informed, and working as a group, perhaps we can make a more informed choice in how to proceed.
To accomplish this, we are hosting a meeting on December 15th, via the Zoom platform.
For more information: click on the following document.
Starting the Conversation on Carbon Markets
The Zoom link is here:
Topic: Carbon Markets – Starting the Conversation
Time: Dec 15, 2021 01:30 PM Eastern Time (US and Canada)
Join Zoom Meeting
https://us02web.zoom.us/j/89801144086?pwd=clB3TmRhdVdhKzFZS2VoS0t6MGtFdz09
Meeting ID: 898 0114 4086
Passcode: HaggCarb
One tap mobile
+13126266799,,89801144086#,,,,*01000395# US (Chicago)
+13462487799,,89801144086#,,,,*01000395# US (Houston)
If you do not have suitable internet for Zoom, there is a dial in number to listen in:
Dial by your location
+1 587 328 1099 Canada
+1 647 374 4685 Canada
+1 647 558 0588 Canada
+1 778 907 2071 Canada
+1 204 272 7920 Canada
+1 438 809 7799 Canada
Meeting ID: 898 0114 4086
Passcode: 01000395
We are hosting an Autonomy demonstration on Sept 8th, running with no formal agenda from 9 am until approx. 4 pm.
The location is the NW corner of Bentpath Line and Downie road, just west of Haggerty Creek about 1 mile.
We will be demonstrating the Raven OmniDrive system (Formerly SmartAg), the autonomous grain buggy system, using a JD S670 combine and a JD 8260R tractor, which enables the combine operator to summon and unload into a grain buggy without the need for a driver in the tractor.
This will be a simulated harvest – driving the combine down the field, and letting the grain buggy come to the combine, and return to the loading area. A similar approach could be used with a produce cart etc.
In addition, we will be demonstrating the combined use of the OmniPower (formerly DOT) autonomous spreader, being used in sync with a terragator at the same time, in the same field.
The demonstration will be show efficiencies in using multiple machines in the same field, with a single operator.
We will also have on hand the Naio Oz autonomous weeding robots, as well as the completed RoamIO autonomous soil scanning robot.
Again, it is an informal agenda, we will demonstrate as people arrive.
USDA report released today at noon.
Jacob Willemse has provided some commentary on it after reviewing the market notes:
The USDA released their monthly supply and demand report today. Similar to February’s report, they opted to keep the majority of their estimates unchanged.
Corn ending stocks were left completely unchanged this time around at 1.502 billion bushels, while trade was looking for a slight reduction. The main surprise here is the continued conservative estimates for corn exports. Last week exports were reported at 89.5% booked, with 42% already shipped. While we are very close to meeting and exceeding projected exports, the current pace has slowed considerably in the past few weeks, and the lack of shipments raises some concerns over cancellation. Corn prices took a hit upon the release of the report but rebounded by the end of the day to end right about where they started.
Soybeans carried the same story as corn with ending stocks unchanged while trade was looking for a reduction. Exports continue to be way ahead of schedule for soybeans, with 98.2% booked and 75% shipped. It is a lot harder to see the argument for keeping soybean exports this low. The amount of completed shipments greatly reduces the risk of cancellation, and even with export sales slowing it won’t be long before exports could beat the USDA’s estimate. Similar to corn, soybean prices dropped upon the release of the report, and rebounded by the end of the day.
On the wheat side, ending stocks also remained unchanged. Although there was worry over winterkill in the plains after the cold snap in February, most of the concern has since been alleviated.
Read the full story here:
USDA Summary February 9th, 2021
The USDA released their February estimates for supply and demand. Although many were expecting some big changes out of this report, the USDA opted for inaction, leaving most of their numbers unchanged.
Read the commentary:
Based on feedback from our customers, we are pleased to offer a Training Series on Raven products.
This will be a combination of 6, 1 hour long sessions using the Zoom platform.
All sessions will be recorded, so registered users will be able to go back and view later on if they wish.
If you would like to participate, call or email us to register, [email protected]
All sessions start at 1:30pm, EST.
Session 1: A free session discussing Raven RS1 steering.
February 16th 2021
We wanted to do a group session, on the features and benefits of the Raven RS1 steering system. The existing Raven Smartrax systems have done their service for many years, and the time is right to upgrade those to the newest equipment. We will go over the key benefits, and spend some time on the upgrade path for sprayers, floaters and tractors making the upgrade. A benefit of updating a sprayer or high clearance spreader will be the ability to in corporate the highly anticipated Raven Vision Steering system. This system allows the machine to follow existing corn or other crop rows and tram lines hands free, ignoring the A-B line. It works up to 100% canopy without the need for mechanical feelers. And, it now will automatically steer the machine on the headlands for easier row finding in crop.
Session 2: A free session discussing the Raven Rate Control Module, known as the RCM
February 23rd 2021
We wanted to share some of our key findings with the RCM, the ISOBUS rate controller from Raven, that is replacing both the older Raven ISO ECU and in most cases, the proprietary Raven CANBUS system. The Raven RCM is easy to use, and has a wide range of capability, from basic monitor only, to multi product, multi boom applications
We will use a Raven CR7 display to show you how to configure an RCM for a corn planter, an aircart, a liquid applicator and a granular spreader. We will also touch on how to integrate internal scales on your cart, as well as row and spreader clutches and valves for section control.
Lastly, we will do a brief summary of cabling options, for older systems converting from Raven SCS consoles, for new systems using the full range of options, to John Deere systems running an JDRC2000 controller.
Session 3: A free session giving an overview of Raven Autonomy
March 2nd 2021
Haggerty is excited to be the Ontario Autonomy dealer, and we want to share with you the release of the Raven Autocart system. Autocart will allow farmers to make their grain buggies and produce carts fully autonomous, freeing up valuable farm labour for other tasks.
We will touch on the ordering process, what vehicles are eligible, and our planned roll out for 2021.
In this session we will also give an update on what DOT has been up to, spreading fertilizer and other things. Since we can’t go to the London Farm Show, this is our next best alternative.
Session 4: Paid Session on the Raven Viper 4+ GRANULAR APPLICATIONS ($10 fee Paypal)
March 8th 2021
As the flagship Raven field computer, the Viper 4+ has rapidly taken over most of the custom applicator rigs in the Province. We thought it important to provide some training on how to make full use of the field computer capability. This will include proper machine shed setup, training on how to setup product profiles for accurate tracking of materials applied, and the use of the Grower Farm Field functionality for recording applications. These will be done using strictly Granular Applicator examples, such as Airflows and Dry bulk spreaders, both pull type and self propelled.
We will also review the use of the Street Map function, and how it relates to Boundary Maps and guidance lines.
Job Sync, an exciting new feature, will also be discussed along with a review of Slingshot functionality, including file transfer, Rx maps, and troubleshooting.
Session 5: Paid Session on the Raven Viper 4+ SPRAYER / LIQUID APPLICATIONS ($10 fee Paypal)
March 9th 2021
As the flagship Raven field computer, the Viper 4+ has rapidly taken over most of the custom applicator rigs in the Province. We thought it important to provide some training on how to make full use of the field computer capability. This will include proper machine shed setup, training on how to setup product profiles for accurate tracking of materials applied, and the use of the Grower Farm Field functionality for recording applications. These will be done using strictly Liquid Applicator examples, such as Sprayers and pull type applicators.
We will also review the use of the Street Map function, and how it relates to Boundary Maps and guidance lines, and spray/no spray zones.
Job Sync, an exciting new feature, will also be discussed along with a review of Slingshot functionality, including file transfer, Rx maps, and troubleshooting.
Session 6: Maintenance and Troubleshooting, including Legacy Products ($10 fee Paypal)
March 16th 2021
We can’t forget about the basics of rate control! Speed, Flow, and Boom. In this session we will touch on the Raven SCS consoles such as a 440 and 450. We will show you how to quickly diagnose common issues with any machine, including speed problems, flowmeter (or granular encoder), and valves / clutches.
We will also demonstrate the proper cleaning of Sidekick Pro injection systems, with a step by step teardown.
Lastly, we will cover the maintenance and inspection of Hawkeye PWM nozzles.
USDA Summary January 12th, 2021
The USDA released their monthly supply and demand estimates, quarterly grain stocks estimates, and wheat acreage estimates today. A few surprises in these numbers led to an exciting end to the marketing day.
Corn ending stocks came in at 1.552 billion bushels, down from last months estimate of 1.702 billion bushels and over 40 million bushels lower than the average trade estimate. This drop is mostly accounted for in a surprise 3.8 bu/ac reduction in average yield. To add to the bullish news, quarterly grain stocks were estimated at 11.321 billion bushels, over 600 million bushels lower than trader’s average estimate. The markets responded very positively to this report. After entering the midday 3 cents above open, it ended the day up its limit of 25 cents!
Moving forward, attention will be turned back to South American weather patterns as they approach their harvest. Over the past few months, a series of dry spells has raised concern over their corn and soybean crops. Argentina had even briefly put a ban on all corn exports to secure domestic supply. They later removed the ban and put a 30,000 metric-ton/day cap in place instead. Early crop quality reports have not been promising, but forecasts have looked better recently; we will have to wait and see.
Soybean ending stocks were estimated at 140 million bushels, 35 million less than last month and right on trader’s estimate. A slight reduction in average yield, and a slight increase in domestic crush and exports accounted for this change. We currently have over 90% of forecasted exports booked, and 65% shipped; an increase in exports was more than warranted. Quarterly stocks came in just over trade’s estimate at 2.92 billion bushels. Soybean prices entered the midday 14 cents above open and ended 45 cents up.
Like corn, South American weather will be the focus for beans in the coming weeks. Right now, the concern is that lackluster Brazilian and Argentine production will drive more sales to the US. With ending stocks creeping lower every month, additional sales could seriously jeopardize domestic supply. After a few recent sales made to China, and initial yield reports in Brazil coming in on the lower side, this concern is certainly a possibility. That being said, forecasts have begun to look better. If things start to turn around, we could see a huge drop in price in the blink of an eye. Again, we will have to wait and see what happens; proceed with caution.
Wheat ending stocks were reported at 839 million bushels, down from last month’s 862 million and below trader’s estimate of 859 million. Quarterly stocks came in at 1.673 billion, and planted acres at 32 million. Wheat prices followed corn and beans today, entering the midday 16 cents above open before closing 30 cents higher.
Compared to corn and soybeans, wheat prices have had a much bumpier ride in the past few weeks. News that Russia may be increasing their wheat export duty from 30 euros/MT to 50 euros/MT combined with today’s bullish reports gave certainly gave wheat a nice boost.
Sourced from MID-CO COMMODITIES INC. market commentaries.
Posted by Jacob Willemse
USDA Summary December 10th, 2020
The USDA released their monthly supply and demand report today. While they didn’t update any of their production estimates, they did make some small adjustments on the demand side.
Corn ending stocks were unchanged from last months report at 1.702 billion bushels. Trade estimates ranged from 1.550 – 1.775 billion bushels, averaging out at 1.691. While no one was expecting a large decrease, seeing ending stocks unchanged is a disappointment. Corn was up 3 cents prior to the release of the report and ended today 1 cent below open.
Corn prices have been turbulent over the past two weeks. With covid cases on the rise, the main fear is that another round of wide-spread lockdowns could reduce ethanol usage of corn. So far only a few areas have actually locked down, and with the release of several covid vaccines hopefully it will stay that way. Right now its uncertain which way things will go.
Soybean ending stocks came in 15 million bushels lower than last month at 175 million bushels. Trade estimates ranged from 120 – 190 million bushels and averaged out at 168. This reduction is represented by an increase in domestic crush usage from last repot. While the reduction in ending stocks was welcome, they didn’t drop enough to meet trader’s expectations. Prior to the report’s release soybean prices were up 15 cents, but by the end of the day they were down 4 cents.
Soybeans have seen a good amount of pressure lately. Exports have slowed significantly in the past few weeks. Rumors have been circulating that China is looking to book a few more cargos, but so far we haven’t seen any confirmation. In addition, South American growing areas have seen some much-needed rainfall. With today’s report showing higher than expected ending stocks, there isn’t a lot of supporting bean prices. Trade will watch for rain in South America going forward, as even with recent rains their crop isn’t made yet.
Wheat ending stocks came in at 862 million bushels, 15 million lower than last month’s report and 12 million below the average trade estimate. Some good news to end off today’s report, as wheat prices closed 13 cents above open.
Sourced from MID-CO COMMODITIES INC. market commentaries.