Evening Edition | Monday, July 18, 2022
In tonight's Evening Edition, read about the latest crop conditions, legislation to help beginning farmers, and AutoTrac assisted steering for UTVs.
Crop Conditions and Weather
In today's Crop Progress Report, the USDA has pegged 37% of corn at silking stage compared with the five-year average of 48%.
Corn crop condition was rated 64% good/excellent for the third week in a row.
Of the top 18 corn growing states, Pennsylvania leads with 23% of its crop in excellent shape. North Carolina lags behind with nearly half their corn crop in poor or very poor condition.
The week ending on July 16, was the eighth driest second week of July in 30+ years for the Corn Belt, according to data from WeatherTrends360.
Heat will be the big story in the third week of July, week-ending July 23, with much of the Central United States seeing a heat wave.
In fact, multiple days of +100F temperatures are expected from Texas to Kansas with widespread highs above 90F across most of the Central United States.
Support for Beginning Farmers
Demand for farm loans is expected to rise notably, and capital expenditure is expected to decline in the coming months for the first time since 2020, according to Nathan Kauffman, vice president and economist at the Federal Reserve Bank of Kansas City.
House lawmakers are looking for ways to mitigate some of these risks and support young and beginning farmers in the next farm bill, the sweeping legislation that will set programs and funding levels for farm and food support for the next five years.
Hearings are set in Washington this month to examine farm credit, crop insurance, and forestry programs.
AutoTrac Assisted Steering System
Editor Alex Gray reports on John Deere's announcement to enable AutoTrac on UTVs.
The goal is to make precision agriculture a little more accessible, using the technology to work in smaller fields.
AutoTrac on a UTV allows farmers to get into fields earlier than they would be able to with heavier equipment.