Market Sending Strong Acre Switch Signals toward Soybeans

first_img Soybean 2014 outlookIn his market outlook presentation this week at the Indiana-Illinois Farm Equipment Show, Dr. Chris Hurt detailed the need to squeeze corn production costs to $4.50 a bushel or less. But the profitability picture for soybeans next year is much brighter, so there is a strong market signal to shift acres away from corn. In Indiana that means more soybeans and wheat. Hurt tells HAT those margins are definitely attractive.“We’re looking at average quality land in Indiana maybe as much as $50-60 an acre better returns on some of our Purdue budgets for soybeans vs. corn. Now that’s a pretty big incentive when you’re already tight on margins to plant more soybeans. In the southern part of Indiana we’re really looking at wheat/double crop beans as a very strong return, maybe $100-150 an acre more than what we see on corn for next year. I mean these are huge returns.”Hurt added winter wheat has already been planted so that’s not something a growing can elect if he hasn’t already planted, “but I think it does point out that wheat has had more incentive, not as a single crop so much, but south of Interstate 70 where they can effectively double crop,” he said.After hearing his good news/bad news outlook this season, Hurt can tell a lot by the looks on farmers’ faces.“I think they kind of have their arms crossed and a pretty stern look on their face at this point. We’ve come through some very good return years and if we have to have moderation it’s better to come from some years when we had very good returns. But I think what they’re really concerned about is the longer run. Will we be able to get these prices back up some more?”The Purdue Extension agricultural economist says most people like his $4.50 corn outlook compared with some of the $4.00 and even $3.50 or lower outlooks coming from other analysts. Market Sending Strong Acre Switch Signals toward Soybeans Previous articleEthanol Celebrates Six Years of RFSNext articleUSDA Farm Service Agency Urges Farmers to Vote in County Committee Elections Andy Eubank Home Indiana Agriculture News Market Sending Strong Acre Switch Signals toward Soybeans Facebook Twitter SHARE By Andy Eubank – Dec 19, 2013 Facebook Twitter SHARElast_img read more

Holy Cross moves to distance learning until April 13

first_imgHoly Cross will suspend all on-campus activity until at least April 13 due to coronavirus, Holy Cross President Fr. David Tyson announced in an email Wednesday. Classes are set to resume online Monday, the email said.Holy Cross informed students of its decision amidst similar announcements from Notre Dame, Saint Mary’s and other Indiana universities.“While I find it sad that our community will not be together during these weeks, these actions are clearly necessary for our health and the common good,” Tyson said in the email. “As news and events transpire, I will do my best to keep the community informed.”In a follow-up email, dean of students Andrew Polaniecki said all Holy Cross students are advised to return home and stay home until in-person classes resume. All residence halls will close Tuesday at noon. Polaniecki said students worried about making the transition should email him personally.Professors will reach out to students with details specific to individual courses, the email said.All student activities are canceled through April 13. Student-athletes will receive information regarding athletics from the athletics department, Polaniecki said in the email. Campus support services are ready to help students by email and phone.Those who visited countries with a CDC Level 3 travel advisory, as well as anyone who has interacted with someone affected by COVID-19, must self-quarantine for 14 days, Polaniecki said in the email. These students will not be allowed on campus.“Please know of my prayers and the prayers of all of us here at the college during this time,” Polaniecki said in the email. “I hope that we are all back together as a college community soon.”Tags: coronavirus, COVID-19, Holy Cross, Online classeslast_img read more

Former Osasuna football chiefs arrested

first_imgThree former board members of Spanish second division club Osasuna have been arrested in an investigation into the destination of 2.4 million euros ($A3.4m) taken from the club’s accounts, a court source confirmed on Thursday.”This morning ex-president Miguel Archanco and former directors Angel Vizcay and Jesus Maria Peralta have been arrested,” said a statement from the Navarran High Court of Justice.All three are expected to have an initial hearing in front of a judge on Friday.The court in Pamplona will also investigate a complaint made by the Spanish Professional League for misappropriation of funds and corruption in match-fixing allegations.Last month the current Osasuna board announced that just over 2.4 million euros from the club’s accounts couldn’t be accounted for.Archanco was in charge of the Navarran club from 2012 to 2014, but resigned after Osasuna were relegated last May after a 14-year stay in the top flight. Spanish sports daily Marca reported last month that Spanish league officials were investigating four matches involving Osasuna towards the end of last season for alleged match-fixing.last_img read more