Vol. 2 | Issue 3                                                                                                          June 2013
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AgLink Team_____

Editor
Lyle Holmgren - Box Elder

Contributors
James Barnhill- Weber
Clark Israelsen - Cache
Mike Pace - Box Elder
Kerry Rood - USU Extension
Darrell Rothlisberger - Rich
Scott Williams - Cache 

Market Snapshot
June 18, 2013

 

 

Corn

KC Wheat

 

 

Futures

RSI*

Futures

RSI*

This Wk

6/17/13

$6.69

53.0%

$7.14

34.6%

Last Wk

6/10/13

$6.50

44.1%

$7.26

36.9%

Last Yr

6/17/12

$5.80

43.9%

$6.30

42.5%

 

 

Feeder Cattle

Fed Cattle

This Wk

6/17/13

$144.53

58.9%

$119.83

44.4%

Last Wk

6/10/13

$143.43

59.9%

$119.20

38.3%

Last Yr

6/17/12

$156.03

50.7%

$116.15

41.7%

      

*RSI = Relative Strength Index.  RSI is an indicator of the historical    strength or weakness in a market  RSI ranges from 0 - 100%. Higher percentages indicate strong and potentially over-bought market while lower percentages indicate a weak and potentially over-sold market.

 

Stocks to Use

 

 

Corn

Wheat

This Mo

Jun '13

15.17%

28.7%

Last Mo

May '12

15.51%

29.9%

Last Yr

Jun '12

13.66%

27.4%

  
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Utah and U.S. Drought Situation
 
Lack of rainfall this season is a serious concern for farmers and ranchers as many range and non-irrigated crops are suffering.   





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Utilize the USDA Livestock Risk Protection Program to Manage Drought Risk 

 

Two of the many insurance programs available for transferring risk to a third party (backed by the
USDA Risk Management Agency) are available to cattle producers. These programs included Livestock Risk
Protection (LRP) for cattle and Vegetation Index-Pasture, Rangeland, Forage insurance (VI-PRF).  The LRP could be a very valuable tool for managing market risk over the coming year, where calf prices can be volatile."  Read More...  

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Pricing Corn Silage and Other High Moisture Feeds

 

Questions often arise among growers who have corn silage or alfalfa silage (haylage) to sell and dairy producers and feedlot operators who are looking to buy those feeds as to how to establish a fair price.  Here are a couple of tools that could help the buyer and seller establish a fair price.

 

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USU and U of I Pasture Symposium Scheduled 

A Pasture Symposium will be held July 30-31, 2013 at Utah State University (USU) in Logan, UT.  Scientists from Utah State University and the University of Idaho will be presenting the latest information on the benefits of grass-legume mixtures, tannins and other secondary compounds, meat quality and palatability of grass-finished beef, pasture establishment and maintenance, animal health in grazing systems, and more!  Producers will provide first-hand information about their experiences with grass-legume mixtures.  The symposium portion will be held at the Eccles Science Learning Center at Utah State University on July 30The field tour portion will be held at the USU Intermountain Irrigated Pasture Research Facility near Lewiston, UT on July 31st.  The Pasture Symposium is sponsored by Utah State University (USU), the Forage and Range Research Laboratory, and the Western Sustainable Agriculture Research and Education program.

To register, please go to 
http://agwastemanagement.usu.edu or contact Lauren Anderson at lauren.anderson@usu.edu or 435-797-2230.  For questions, please contact Rhonda Miller, Ph.D. at rhonda.miller@usu.edu or 435-797-3772.   

 

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Wheat stripe rust in the Western States
 Wheat fields in Washington and Oregon have shown a very low level of stripe rust in commercial winter wheat fields this spring.  However in some areas of western Washington, stripe rust has developed up to 80% severity on susceptible varieties of winter wheat nurseries at the Mt. Vernon research center.  As the weather has switched this past week from cool to warm and will continue to get hot in the next two weeks, stripe rust will be likely developing faster in the next couple of weeks in Washington and Oregon.  Based on the long-term forecast of weather conditions for May and the summer, we do not expect to have much stripe rust in Utah this year.   For more information about stripe rust, click on the following link
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