land and livestock january 2011

January, 2011 | Land & Livestock | 1

LAND LIVESTOCKL A N D & L I V E S T O C K

LANDLIVESTOCK&

FARMING, RANCHING AND THE COUNTRY WAY OF LIFE

January, 2011 | Vol. 2 Issue 2 | Pierre, South Dakota

PRESORTEDSTANDARD

U.S. POSTAGEPAID

WickCommunications Co.Postal Patron

ECRWSSCARRIER ROUTE

PRE-SORT

January, 2011 | Land & Livestock | 32 | Land & Livestock | January, 2011

1995 Kenworth T-600 ..................................... Was $33,000 ..................Now $31,8882009 PJ 20’ Dovetail Trailer .......................................................... Now $3,6001980 John Deere 4640 .................................... Was $21,750 ..................Now $20,6661981 Steiger ST310 Panther ......................... Was $13,750 ..................Now $11,9995.124 Arrowfront Hayfeeder ......................... Was $4,500 ................... Now $4,2222010 Ford F450 Dually King Ranch ............... Was $57,600 ..................Now $57,3332009 Ford F450 Dually King Ranch ............... Was $49,500 ..................Now $49,2222010 GMC Sierra 2500 HD .............................. Was $48,550 ..................Now $47,1112010 Ford F250 Lariat .................................... Was $44,950 ..................Now $37,9992009 Ford F250 Lariat .................................... Was $39,500 ..................Now $36,7772008 Ford F250 Lariat .................................... Was $38,250 ..................Now $36,222

2008 Ford F350 XLT ......................................... Was $36,500 ..................Now $34,2222008 Ford F250 ................................................. Was $33,000 ..................Now $30,5552008 Ford F250 Lariat .................................... Was $31,500 ..................Now $29,9992008 Dodge Ram 3500 Laramie .................... Was $30,200 ..................Now $28,7772007 Ford F250 Lariat .................................... Was $31,500 ..................Now $31,1112006 Ford F250 King Ranch ........................... Was $29,500 ..................Now $24,9992006 Ford F250 XLT ......................................... Was $27,250 ..................Now $26,2222006 Ford F250 King Ranch ........................... Was $29,500 ..................Now $24,9992006 Ford F250 Lariat .................................... Was $30,500 ..................Now $29,3332006 Ford F350 Lariat .................................... Was $25,900 ..................Now $25,1112005 Ford F250 Lariat .................................... Was $23,900 ..................Now $22,999

2004 Ford F250 King Ranch ........................... Was $22,600 ..................Now $21,4442001 Ford F250 XL ........................................... Was $12,500 ................. Now $9,9991999 Ford F250 XL ........................................... Was $8,900 .................. Now $7,5551997 Ford F350 XLT ......................................... Was $8,900 .................. Now $8,1111994 Ford F350 XLT ......................................... Was $5,000 .................. Now $4,4002009 Chevy Silverado 2500 LTZ ..................... Was $43,225 ..................Now $41,9992008 Ford F250 Supercab XLT ........................ Was $35,500 ..................Now $30,2222007 Ford F250 Lariat .................................... Was $23,500 ..................Now $20,9992005 Ford F250 XLT ......................................... Was $14,000 ..................Now $12,9992005 Ford F250 XLT ......................................... Was $15,100 ..................Now $13,4442005 Ford F250 XLT ......................................... Was $14,800 ..................Now $12,999

HIGHMORE, SOUTH DAKOTA 57345605-852-2217 | 800-666-5176

Kristi Effling • Mike Konrad

*NOT RESPONSIBLE FOR TYPOGRAPHICAL ERRORS WWW.PIONEERGARAGE.COM

2008 Ford F150 XLT 63,938 mi. WAS $23,900 NOW ... $21,999

2008 Ford F150 XLT 33,589 mi............................NOW ... $26,800


2005 Ford F150 Lariat 63,181 mi. WAS $22,250 NOW ... $20,666

2005 Chevy Silverado LS 143,293 mi. WAS $15,400 NOW .. $11,333


1989 Ford F150 XL 135,010 mi. WAS $2,200 NOW ..... $1,699

2010 Ford Edge Limited 21,531 mi. WAS $28,900 NOW ... $27,999

2006 GMC Envoy XL 75,365 mi. WAS $16,500 NOW ... $14,999

2004 Chevy Suburban 170,033 mi. WAS $11,300 NOW ... $8,333

2001 Ford Expedition XLT 157,322 mi. WAS $5,450 NOW ..... $5,444

2008 Ford F150 Lariat 76,700 mi. WAS $27,800 NOW ... $23,199




2004 Chevy 1500 LS 131,114 mi. WAS $10,500 NOW ....$8,555

2001 Dodge Ram 1500 153,092 mi. WAS $9,500 NOW ......$7,999

1992 Ford F150 4X2 254,133 mi. WAS $2,500 NOW ..... $2,444

2009 Ford Edge Limited 12,297 mi. WAS $28,900 NOW ... $27,999

2004 GMC Envoy SLE 147,311 mi. WAS $9,800 NOW ..... $8,888

2002 Ford Expedition Eddie Bauer189,997 mi. WAS $6,250 NOW ..... $4,888

2001 GMC Yukon SLT 152,905 mi. WAS $9,600 NOW ..... $7,222

BRADFORD BEDS, FRONT

BUMPER GRILL GUARD

COMBINATIONS IN STOCK NOW!

1/2 TON SUPER CREW

1/2 TON SUPER CAB / EXTENDED CAB

SPORT UTILITY VEHICLES

2008 Ford F150 King Ranch1/2 Ton Super CrewHtd Lthr, Moonroof,Tonneau37,200 mi.

2007 Chevy Silverado1/2 Ton Extended Cab, 13,800 mi.

WAS $24,800

NOW $23,444

2008 Ford Expedition XLT56,419 mi. WAS $27,900

NOW $26,666

2008 GMC Sierra SLE 2WD10,204 mi. WAS $18,500

NOW $17,888

2010 Ford Expedition XLTExt. Length, 42,800 mi. WAS $29,800

NOW $28,999

WAS $29,500

NOW $28,499


PublisherSteven Baker

605-224-7301 ext. [email protected]

EditorMichael Avok


Advertising directorApril Pullman


SalesJulie Furchner


Cindy Bahe605-224-7301 ext. 126

[email protected]

Classified salesMisty Pickner

605-224-7301 ext. 110

Creative directorMelanie Handl

[email protected]

Associate editorLisa Johansen

[email protected]

Land & Livestock is a publication of the Capital Journal and is published monthly at 333 W. Dakota Ave., P.O. Box 878, Pierre, SD 57501 (USPS No. 142-180) (ISSN 0893-5564)Content of Land & Livestock is protected under the Federal Copyright Act. Reproduction of any portion of any issue will not be permitted without the express permission of the Capital Journal.Periodicals postage paid at Pierre, SD. Official City and County newspaper. POSTMASTER: Send address changes to the Capital Journal, P.O. Box 878, Pierre, SD, 57501.

Capital Journal

Features

Ranchers and Rodeo: Black Hills Stock Show in action .....................................4

Sutton Rodeo: SD family raising top bucking horses, bulls ..............................8

Hunts earn ‘Stockmen of the Year’ ......................................................................14

Future Farmer: DeJong receives National FFA office ............................................16

Prices going up: Lower corn, soybean output sends prices surging ...............24

Land and Livestock News

Harrold farmer records highest corn yield in SD .................................................15

Wheat surges on higher exports, supply concerns ............................................21

Beef 2020 offers producers advanced training ...............................................22

Farmers meeting focuses on world economy ..................................................27

Extension News

Tax season’s here; time to be financially prepared ..............................................12


Story by Ruth Brown, Capital JournalPhotos courtesy

Ranchers and rodeosBlack Hills Stock Show and Rodeo in action

For more than 50 years, ranchers and rodeo fans alike have been gathering in the Rapid City civic center every winter for South Dakota’s Black

Hills Stock Show and Rodeo.

This year’s show will run from Jan. 27 to Feb. 6 and is hosted at the Rushmore Plaza Civic Center in Rapid City. There will be seven Professional Rodeo Cowboys Association performances and two PRCA bull riding performances.

“The stock show was built on the showing of good

cattle and it originated in Rapid City,” said Ron Jeffries,

general manager of the Black Hills Stock Show and

Rodeo. “We show 10 breeds of cattle and it has really

grown to be quite an event.”

In addition to the cattle show and sale, the Black Hills

Stock Show is the first interstate horse sale of the year in

South Dakota.


“We have a really good horse line-up this year and cow prices have been holding steady,” said Jeffries.

“(Cow prices) are better than they were last year and we had good moisture so there was good hay in the area.”

Jeffries said that the first Black Hills Stock Show was in 1959. The show has now grown to have on average between 260,000 and 300,000 people come to watch and thousands of people compete.

“For cattlemen, it is before calving and a good time to buy bulls for the spring; and for non-ranch families Rapid City is an excellent host community and has wonderful hotels and restau-rants,” he said.

“People have been attending for many many years and it’s a great chance to gather family and friends.”

Two new events at the Black Hills Stock Show this year are the kick-off Great American Cattle Drive from the fair grounds to the civic center and the Jim Thompson Cowboy Poetry Show in the civic center. The Country Cowboys Band, formerly the Kyle Evan’s Band, will play at the Jim Thompson Cowboy Poetry Show.

A ranch rodeo to test the skills of local ranchers will be occurring during the week of the stock show as well.

Winning cattle of the 2010 and 2009 Black Hills Stock Show and Rodeo. The BHSS runs Jan. 22-Feb 6. For a complete schedule, visit www.blackhillsstockshow.com.

“ It’s your neighbors, friends and cousins competing at doing what they do best...”

See BHSS • page 7


Saturday, Jan. 298 a.m. — First Interstate Bank Horse Sale Preview at James Kjerstad Event Center, Fairgrounds— Old West Collector’s Preview, sponsored by BHSSF at Theater Stage— Youth Day Activities at Fair-grounds9 a.m. — South Dakota Outdoor Adven-tures presents the ExoticAnimals of the World Wildlife Dis-play with Trade Show and Semi-nars featuring, Cabela’s World Class Mounts sponsored by Rap-id Chevy/Toyota of the BlackHills, KICK 104, Black Hills Com-munity Bank, J. Scull Construc-tion at Rushmore Plaza Holiday Inn— BHSS Trade Show Opens at Rushmore Plaza Civic Center— Barnyard Petting Zoo, spon-sored by Tractor Supply Company at Rushmore Hall— PRCA Timed Event Slack at Civ-ic Center Arena— Western Art Show, public view-ing, sponsored by The Central States Fair Foundation, Black Hills Surgical Hospital at Theater Lobby— Old West Collector’s Auction, sponsored by BHSSF at Theater Stage— World’s Smallest Rodeo, spon-sored by RCC Western Stores at

Crystalyx BioBarrel Sale Ring, Rushmore Hall— BHSS Denim and Diamonds III Quilt Show Opens, sponsored by Hagen Glass at Upper W. Con-course11 a.m. — Youth Day Beef Bust Luncheon at Fine Arts Building, Fairgrounds1 p.m. — Quilt Trunk Show and Tea, fea-turing The Quilt Corral, Joan Da-vis at Rm 205— Preparing Your Horse for the 2011 Season, presented by Hub-bard Feeds, Dr. Ed Bonnette at Crystalyx BioBarrel Sale Ring, Rushmore Hall1:30 p.m. — First Interstate Bank Stallion Row Preview at Crystalyx BioBar-rel Sale Ring, Rushmore Hall— PRCA Rodeo at Civic Center Arena2 p.m. — First Interstate Bank Horse Sale, sponsored by First Inter-state Bank, Ravellette Publica-tions, The Cattle Business Week-ly, Larry Larson Photography at Crystalyx BioBarrel Sale Ring, Rushmore Hall5 p.m. — SD Outdoor Adventures: Hunt-ers Social & Auction at Holiday Inn7:30 p.m.—PRCA Xtreme Bulls at Civic Cen-ter Arena

Sunday, Jan. 308 a.m. — Intervet Ranch Horse Com-petition, sponsored by Intervet, AQHA, The American Quarter Horse Journal, Conrad’s Big C Signs, Great Western Bank, Budweiser, Bridger Steel, Sweetwater Saddlery, South-west Equine Products, Vitalix, Two Guys Fencing Company, Hutchison Westernat James Kjerstad Event Cen-ter, Fairgrounds9 a.m. —South Dakota Outdoor Ad-ventures presents the Exotic Animals of the World Wildlife Display with Trade Show and Seminars featuring, Cabela’s World Class Mountssponsored by Rapid Chevy/Toyota of the Black Hills, KICK 104, Black Hills Community Bank, J. Scull Construction at Rushmore Plaza Holiday Inn10 a.m. — BHSS Trade Show Opens at Rushmore Plaza Civic Center— Barnyard Petting Zoo, spon-sored by Tractor Supply Com-pany at Rushmore Hall— Boehringer Ingelheim Com-mercial Heifer Show, Sale to follow: Following Commer-cial Heifer Sale will be the Bred Heifer Sale, sponsored by Boehringer Ingelheim, Tri-State Neighbor, Great Western

Bank, Runnings Farm & Fleet, Glacial Lakes Energy, New Di-rection Equipment, ORIgen atWarm Up Arena, James Kjerstad Event Center, Fairgrounds— Western Art Show, public view-ing, sponsored by The Central States Fair Foundation, Black Hills Surgical Hospital at Theater Lobby— BHSS Denim and Diamonds III Quilt Show Opens, sponsored by Hagen Glass at Upper W. Con-course— Sheep Shearing Demonstra-tion, sponsored by KICK 104 at Crystalyx BioBarrel Sale Ring, Rushmore HallNoon — BHSS Sheep Shearing Champi-onships, sponsored by KICK 104, ABC Seamless at Crystalyx Bio-Barrel Sale Ring, Rushmore Hall1 p.m. —SD High School 20X Extreme Rodeo at Civic Center Arena— Quilt Trunk Show and Tea, fea-turing The Sewing Center, Tammy Larson at Rm 2052 p.m. — Angus Consignors Meeting at Rm 2076 p.m. — PRCA Team Roping Slack at Civic Center Arena

Jan. 22 - Feb. 6, 2011 For complete schedule, visit www.blackhillsstockshow.com

a South Dakota Tradition: Black Hills Stock Show


Seaman PropertyThis property consists of 160 acres located 15 miles north of St-urgis, SD, and offers excellent views of legendary Bear Butte and the Black Hills. Access provided by a good county road with 1/2 mile frontage. Topography is rolling hills with good native grass, three dams, and one water tank serviced by Butte/Meade Sanita-tion District. Excellent proximity to town as well as feed sources from nearby irrigated ground. Priced at $160,000.00

Home In Union CenterLocated in Union Center, SD is a beautiful 3 story home featur-ing nearly 2000 finished sq/ft. Home includes 4 bedrooms, 4 bathrooms, 3 decks and a detached 2 car garage. Fenced back yard with Apple and Chokecherry trees, as well as Raspberries and Rhubarb. Many updates since 2007 such as new: cove heat, plumbing, electric, windows, flooring, siding, roof and sheetrock. Priced at $125,000.00

Hughes County, SD Farmland 120 acres of highly productive Hughes County farmland along with 40 adjoining leased acres. This property is located only 14 miles north of Pierre, SD just two miles odd SD Hwy. 1804. The soils consist

of mostly Lowry series. There is rural water and power on the property. An added attraction is the terrific views of Lake Oahe. The current owner would offer to lease the property back. The 120 acre parcel is priced at $360,000. Will divide.

Pabst Property Sully County, SDThis property is located 30 miles North of Pierre, SD in a de-velopment known as Okobojo Resort. It is 1/2 miles from a public boat dock located on Okobojo Creek arm of Oahe Res-ervoir. 3.46 acres and is platted into 3 lots. The lots are indi-vidually priced at $8,000 or the total package is priced at $19,500.00

“A ranch rodeo is a competition with more of your activities like you would do in normal ranch daily life,” said Jef-fries. “It’s your neighbors, friends and cousins competing at doing what they do best but doing it at a faster speed. …You have to be able to cowboy up to compete in that deal.”

People of all ages will have the oppor-tunity to participate at the 2011 Black Hills Stock Show in a variety of events.

The World’s Smallest Rodeo will have competitors at ages as young as 3, 4

and 5 years old and the ranch rodeo has a senior division in the ranch horse competition, said Jeffries.

Other highlights during the week of the stock show include a buffalo sale, a sheep shearing competition, and a barnyard petting zoo.

“I think my favorite part (of the Black Hills Stock Show and Rodeo) is the people …they’re just great,” said Jef-fries. “I encourage everyone to come on out and join us.”

Check out www.centralstatesfair.com/stock-show/ to see more on the Black Hills Stock Show and Rodeo.

WHY ADVERTISE IN THE CAPITAL JOURNAL?

YOUR CUSTOMERS WANT TO KNOW YOU’RE GOING TO BE THERE

FOR THE LONG TERM.You should be advertising in these tough economic times.

To advertise in the most powerful media available, call us at 605.224.7301

Tickets for rows 1-12 range from $10.50 to $25 based on the events happening that night.

Tickets for rows 13-20 range from $10.15-$19 based on events happening that night.

Tickets for rows 21-30 range from $10.50 to $15 based on events happening that night.

Tickets for bleachers range from $10.50 -$17 based on events happening that night.

Tickets for VIP arena floor

range from $10.50-$40.50 based on events happening that night.

Rodeo events last from Jan. 27 to Feb. 5.

Tickets will be sold at the ticket windows or can be pre-ordered through the Black Hills Stock Show and Rodeo website, www.central statesfair.com/stock-show.

For special rodeo rates at the Radisson Hotel contact the hotel for reservations.

going To THe 2011 BHSSticket prices

BHSSFrom Page 5


Story by Ruth Brown, Capital JournalPhotos courtesy of Sutton Rodeo

Sutton RodeoSD family raising top bucking horses, bulls

With five generations of family members running the business, Sutton Rodeo con-tinues to produce some of the state’s and

country’s best bucking horses and bulls.

The Suttons have been running the business since 1926

when they started having rodeos at their ranch, said Jim

Sutton, owner of Sutton Rodeo.

Including high school and college rodeos, Sutton Rodeo

produces around 30 rodeos every year.

“We raise quarter horses as well as bucking horses,” Sut-

ton said.


1- Corsica 2 - Platte 3 - Chamberlain 4 - Parkston

LOCATIONS

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Koupal Angus34th Annual Bull Sale! Monday, February 21, 2011

12:30 p.m. (CST)150 Registered Yearling Bulls, 30 Registered2 Year Old Bulls & 10 Registered Fall Bulls.

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“A good bucking horse isn’t a hit-and-miss deal. We raise all our own bucking horses … the biggest thing with bucking horses is just heart, I think.”

In addition to horses, the family raises about 30 to 40 bucking bulls a year and owns around 100 head of cattle.

“All of my family have rodeoed,” Sutton said. “Steve (Sutton) has picked up five times at the National Finals and rodeoed through high school and college and both his boys and daughter rodeoed through high school and college.”

Sutton said if he had to pick some of the favorite horses he raised, it would be “Yel-low Jacket” and “Big Bud.”

Bucking horses often are distinctly known by their unique names, and Sutton

said they name their horses through a variety of ways. Sometimes they are named after sponsors, who the owner was, where they came from or names that people on their ranch came up with.

“One of our horse’s name is Chuckalator and he got his name a dif-ferent way than most of our horses,” said Sutton. “One of the boys working for us (named Chuck) spent Christmas vacation riding bucking horses at the ranch, and he got on this colt three or four times and he bucked him off every time. So his name was Chuckala-tor.”

The family-run business continues to thrive and Sutton said the reason for that is “because it’s in their blood.” He joked that the business has been around “forever.”

Sutton Rodeo has been bringing horses to the National Finals Rodeo since the 1950s. Sutton said he enjoys it because all of the people in the industry are there and more than 18,000 people attend.

“It’s like the World Series or the Super Bowl of rodeo,” he said. “Ro-deo is a way of life.”

James H. Sutton was the first stock contractor to be inducted in the

“A good bucking horse isn’t a hit-and-miss deal.”


B.Sis coming!www.wegnerauto.com

Wegner Autoin Pierre

605-224-99001-800-658-2277

330 E. Sioux Ave

Professional Rodeo Cowboys Association Hall of Champions

in Colorado Springs, Colo., in 1982.

“I think most people in rodeo will tell you that one of the best

parts of being a stock contractor is the people you meet in your

travels,” Sutton said. “After you’ve done a rodeo for 10 years

you’re kind of like one of the family.”

aBoVe | Julie Sutton, Jim Sutton, Kim Sutton, Steve Sutton, Steven Muller, Amy Muller, Brice Sutton and Brent Sutton stand near their horses.

Main | Sutton Rodeo’s “Chuckalator” is pictured here bucking at the National Finals Rodeo.


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It’s that time of year again. Tax sea-son – the season between harvest and planting that no one is too

excited about, but we have no choice but to participate.

Are you ready?

If not, Lynn Carlson is here to help. An Extension Educator in Farm Business Management and Marketing, Carlson works daily with farmers and ranch-ers, visiting with them one-on-one and hosting workshops to help them prepare and plan for tax season and other top-ics.

He shares answers to agriculture pro-

ducers most frequently asked tax ques-tions and more.

Q: Tax season is here. What should agriculture produc-ers have ready for their tax

preparer?

A: As a farmer or rancher, whether you’re a sole propri-etor or your operation is in a

corporation, there’s a lot of paperwork and information you need to have gathered before meeting with your tax preparer. So you don’t waste time, begin

by asking your tax preparer for a list of information that they need from you.

Below is a basic check list of informa-tion that you’ll need to have together:

1. Summary of income, including cop-ies of sales slips and checks received, etc. Include any government payments and disaster or insurance payments related to losses and claims received.

2. Be sure to include any custom work done as well as any related income or expenses.

3. Summary of farm expenses, including documentation of what each expense is for and copies of receipts. Cancelled

checks are no longer adequate docu-mentation for verifying an item is a legitimate farm expense.

4. Names, addresses, and social security or Taxpayer ID numbers for anyone who did work for you or provided services as an independent contractor costing more than $600 during the year. (not employees). Also detail the work that was done. Then your tax preparer can prepare and send out the necessary 1099 forms.

5. Total amounts paid out to employees so your tax person can prepare the W-2 forms. (Remember, 1099s and W-2s need to go out by January 31.)

Tax season’s here; time to be financially preparedStory by Lura Roti,

For the Capital Journal


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6. A list of any new or used equipment purchased in 2010. List the purchase price, cash amount of any down payment and any trade-ins so your tax person can update your depreciation schedules.

7. An itemized list of any equipment sold or taken out of service in 2010.

8. Anything else your tax preparer’s list requests.

Q: What should producers look for when selecting a tax preparer?

A: First off, if a producer is not currently working with a professional tax preparer, I strongly suggest they do. Tax laws and

regulations change each year; as do federal tax credits. It’s your job to make your farming or ranch-ing operation profitable. It’s the professionals’ job to keep up with all the changes and updates and be aware of provisions you can take advantage of, resulting in paying fewer taxes.

With that said, when selecting a professional tax preparer, make sure they have credentials. The Internal Revenue Service recently implemented new regulations quantifying who can prepare taxes for a fee. In order to be licensed to prepare taxes for others for a fee, these individuals will need to pass a certification test.

Next, find a professional who understands you, your operation and has a business temperament similar to you. Remember, you’ll be working closely with this individual. To avoid frustration, I suggest if you’re a more conservative businessman, then look for a more conservative tax preparer. If you’re more of a risk taker, look for a more aggressive tax preparer.

Q: What’s new for the 2010 tax season that produc-ers should be aware of?

A: Like I mentioned earlier, tax laws are constantly

changing and evolving, so the best way to stay in-formed, is to work with a professional tax preparer. A few things that have changed for 2010 that pro-ducers should ask their tax preparer about include the following;

1. A recent change to limits for Section 179 Expens-ing. This change allows producers to write off the purchase of new equipment completely the first year – without putting it on a depreciation schedule.

2. Bonus depreciation was extended to include new equipment purchased in 2010.

3. In the past, all Conservation Reserve Program payments were subject to self employment tax. Now, if an individual is collecting retirement income or Social Security, their CRP payment is no longer subject to Self-employment tax, but is still subject to regular federal income tax.

4. Looking forward Congress recently implemented some changes that will impact estate taxes, begin-ning in 2011. The new estate exemption amount is $5 million and the tax rate for estates larger than $5 million will be 35 percent.

Q: No one wants to pay in more than they need to. Do you have some strategies or suggestions on how agriculture producers

can pay less?

A: Most of my suggestions are items that agriculture producers should bring up when they meet with their professional tax

preparer to discuss if the strategy is something that will work for them and their specific operation.

Here are a few tips I often share with producers:

Ask about Alternative Minimum Tax: Depending on the size of the operation, some farmers are impacted by the alternative minimum tax schedule which was

See Taxes • page 28


When Jim and Joni Hunt were awarded the title of Stockmen of the Year,

their first reaction was pure surprise, as there are so many other ranchers that they admire.

The 2011 Stockmen of the Year award is given out at the Black Hills Stock Show and Rodeo and the winner is selected by the stock show selection committee. A banquet will be held in their honor during the upcoming show.

“We were shocked when we were cho-sen and extremely honored,” said Joni Hunt. “All of our lives we have been in the business, and we both came from ranching families.”

The couple raises purebred Angus cattle and registered Quarter Horses. They usually have around 500 head of mother cows on their ranch in Faith, Hunt said.

The Hunts were married in 1987 and have lived at their current ranch since 1990.

“We both spent some time away from the ranch before we moved here,” she said. “We both have college degrees and worked in other fields for a while.”

Jim earned an agriculture business degree from South Dakota State Uni-versity and Joni earned a bachelor’s

degree in nursing from the University of Virginia. Jim worked for a short time in ag banking and rodeoed in the SDRA, PRCA, and NRCA. Joni worked as a pediatric nurse for four years before the pair moved to their current ranch.

“We returned to the ranch because we wanted to raise our children the way we were raised …on the ranch,” Hunt said.

The couple are the proud parents of seven children, ranging in age from 7 to 23 years old.

“They (the children) are all two years apart except for our youngest,” Hunt said. “…they all participated in rodeo and helped with the ranch and have been involved in high school sports.”

The Hunts put on their own production sale every year in September and usually have around 100 Quarter Horses in the sale.

“We love the independence of ranching and the character that it builds in our kids,” she said. “It can be hard because there are so many things that you can’t control; like the weather and the mar-ket.”

Although the Hunts have dedicated most of their lives to ranching and rais-ing their children, Joni said they were still surprised to learn that they were the recipients of the Stockmen of the Year award.

“For Jim and I both, there are so many

other people in our lives and we really

felt like our parents and other people

that have helped us are a part of what

we do,” she said. “We have had so much

help and so many mentors that we

really do appreciate it and we feel that

they played a big role in this award.”

Life on the ranch is something that the

Hunts have come to know and love for

many reasons.

“Jim and I have really found that it’s

the daily contact with the animals and

land that is really special for us on the

ranch,” she said.

Hunts earn ‘Stockmen of the Year’ Story by Ruth Brown,

For the Capital JournalPhoto courtesy of the Hunts

Jim and Joni Hunt, of Faith, were awarded the 2011 Stockmen of the Year award. The Hunts will receive their award at the Black Hills Stock Show and Rodeo.


South Dakota win-ners in the 2010 Corn Yield Contest

recorded yields as high as 287.6 bushels per acre.

That was the winning mark harvested by Justin Ogle of Harrold in the ridge till irrigated division. South Dakota had 118 entries in six categories.

The contest, conducted by the National Corn Grow-ers Association, is in its 46th year and remains the organization’s most popu-lar program for members. With 7,119 entries, the national contest set a participation record again this year.

Winners in South Da-kota’s contest:

• Class A, non-irrigated: 1. Nick Fickbohm, Akron, Iowa, Pioneer Hybrid, 266.8837 bushels per acre; 2. Eric Fornia, Elk Point, Dekalb, 255.6672 bushels; 3. Frank Kralicek, Yankton, Pioneer, 237.6358 bushels.

• Class A, no-till/strip till

non-irrigated: 1. Dwight Fickbohm, Akraon, Iowa, Pioneer, 262.8413 bushels; 2. Randy Ki-enow, Aberdeen, Dekalb, 256.8135; 3. Lannie Mielke, Mellette, Dekalb, 256.0671.

• Irrigated class: *Iron Nation, Pierre, Pio-neer, 251.6088 bushels; Riverside Farms, Huron, Pioneer, 240.8371; Randy Svendsen, Volin, Dekalb, 237.6883.

• No till/strip till irrigated: 1. Iron Nation, Pierre, Pi-oneer, 263.7376; 2. Prai-rie Creek Ranch, Yankton, Pioneer, 239.1427; 3. Greg McCann, Spring-field, Pioneer, 236.1427.

• Ridge till non-irrigated: 1. Scott McKee, Ha-warden, Iowa, Pioneer, 231.7229.

• Ridge till irrigated: 1. Justin Ogle, Har-rold, Dekalb, 287.6093; David Ogle, Harrold, Dekalb, 254.0130; Stacey

Ogle, Mitchell, Pioneer, 240.3139.

“While this contest cer-tainly provides growers a chance to participate in a good natured competition with their peers, it also advances farming tech-niques as a whole,” said Steve Ebke, chairman of NCGA’s Production and Stewardship Action Team. “The very techniques and practices contest winners develop provide the basis for more widely used advances that benefit the industry.

“This contest highlights how innovation, both from growers and technol-ogy providers, allows us to meet the growing demand for food, feed, fuel and fiber in a sustainable man-ner.”

Nationally, the 24 win-ners in eight production categories had verified yields averaging more than 301.721 bushels per acre, compared with the

projected national average of 154.3 bushels per acre in 2010.

While there is no overall contest winner, yields from first, second and third place farmers overall production categories ranged from 263.6 to 368.444 bushels per acre.

2010 South Dakota corn crop totals finished at 569.7 million bushels,

making this the state’s third-largest crop on re-cord. The state’s corn crop was down 4 percent from November projections and 19 percent from the 2009 record.

Final state corn yields came in at 135 bushels per acre, down 16 bushels from last year’s record crop, but finished up 2 bushels per acre from 2008.

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Harrold farmer records highest corn yield in SDStory by Capital Journal

staff


Story and photo by Lura Roti, For the Capital Journal

Future FarmerDeJong receives

National FFA office

Each year the National FFA Organization selects six college-age

members from across the na-tion to represent and serve its more than 500,000 members.

This year, Kennebec, S.D., rancher, Wyatt DeJong was selected to serve as the 2010-2011 National FFA Central Region Vice President. An agriculture education ma-jor at South Dakota State University, DeJong is only the fourth South Dakotan se-lected for the honor since the organization began in 1928.

“It’s a phenomenal feeling to realize that for an entire year I can give my entire self to serving FFA members and advocating for agriculture,” says DeJong who, in the next

year, will travel more than 100,000 miles; meet with top leaders in business, govern-ment and education; visit approximately 40 states; and participate in an internation-al experience tour to Japan.

As a national FFA officer, his responsibilities will include providing personal growth and leadership training for students, setting policies that shape the future of the organization and promoting agricultural literacy.

Formerly known as Future Farmers of America, the Na-tional FFA Organization was founded in 1928 to provide leadership skills and agricul-ture education to farm boys. Today, only 27 percent of FFA members come from a


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rural background. The organization contin-ues to prepare and educate the next genera-tion of agriculture leaders, producers and industry professionals.

INSIdE Scoop:

Before he hits the road, Land and Livestock caught up with DeJong at his second home on the campus of SDSU, and asked him about himself, his passion for service, the FFA and how growing up on a ranch in South Dakota helped prepare him for the year ahead.

Q: What did growing up on a ranch teach

you about life?

A: I learned a lot about the rewards of work-

ing hard, responsibility and the value of life.

Growing up on a ranch you understand early on that there never is a day off. My family operates commercial Angus cow/calf opera-tion and raise registered Maine-Anjou cattle. Someone has to feed and do chores.

I’ve always been big for my age, so I was able to start helping dad on the ranch when I was still pretty young. I have three older sisters, Tina, Tara and Katrin, and since the time we could ride we’ve all helped our parents, Miles and Kim, do everything on our fami-ly’s 7,000-acre cattle ranch. When we weren’t doing school work or on the road showing cattle, we were on horseback working cattle, training horses, calving or haying.

Starting when I was about 7, I started get-ting involved in the ranch’s record keeping by filling out tags. By the time I was in the seventh grade I had started selecting genetics for my own registered Maine-Anjou herd.

I began showing as soon as I was old enough to join 4-H. To this day, I love showing cattle. In our family, getting to help fit the cattle for a show was like a rite of passage. My sister, Tina, started me out by letting me shave the heads and clip the tails — then I graduated to fitting their tops.

Q: We heard you were homeschooled until high school. How did that experience impact you?

A: My parents decided to homeschool us

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“When we weren’t doing school work or on the road showing cattle, we were on horseback working cattle, training horses, calving or haying.”


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because we lived 28 miles from Winner. We were al-ways involved in activities like piano lessons, 4-H, and church, so we had plenty of social interac-tion.

I’m really glad that my mom and dad made that decision. Being home schooled really developed in me self discipline. We worked on our assign-ments at our own pace. We had to hold ourselves accountable.

I’m a guy who likes being busy and craves responsi-bility and tasks. I’m very much a deadline driven guy and I attribute that to my homeschooling experience. The character skills I developed home-schooling have served me well in many areas of my life — training show cattle, juggling activities and homework at college, training for a half mara-thon, and preparing for national FFA office.

Because being home-schooled allowed me to be more involved in what was going on at the ranch, it was something I really missed when I started high school. I


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lived in town with my grand-ma and would call home every night during calving season to see who had calved that day. I find myself doing the same thing now that I’m in college.

Q: Tell us about your FFA experience?

A: I first joined the FFA because two of my sisters were FFA members. Once I joined the Winner FFA Chapter I soon learned that FFA had more to offer than livestock judging.

I was involved in several

career development events including; agriculture sales, parliamentary procedure, job interview and served as a chapter officer my sophomore, junior and senior years of high school and then served as the South Dakota State FFA Secretary in 2009.

I’ve always been impressed at how the FFA links agriculture education, leadership and career development.

My involvement in the FFA showed me that as a member the FFA really has no limits as

to what you can accomplish. FFA members are given the tools to excel in whatever they choose to become involved in, whether that is community service, career development, school involvement or com-munity development.

Q: Why did you want to

become a National FFA of-

ficer?

A: Throughout my FFA career I’ve been impressed with how leaders in the FFA, individuals close to my age, invested in me and other FFA members.

Through the FFA I have devel-oped a true heart for service. I want to serve our organization and invest in its members like others have invested in me.

Q: Tell us about the Na-tional FFA officer selection process?

A: Each state can send one representative to run for a National FFA Office during the National FFA Convention held each year in Indianapolis, Ind.

Based on a series of tests, in-terviews and presentations, a

nominating committee selects six individuals to serve the national membership for one year — four vice presidents from each region and a presi-dent and secretary.

Q: How did you prepare?

A: Because National FFA Of-ficers are advocates for agri-culture, it’s important to have a well-rounded, global knowl-edge of agriculture and under-standing of new and emerging trends in global economics.

I began by selecting classes at SDSU that would help me


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prepare. I spent a lot of time visiting with former South Dakota Secretary of Agriculture Bill Even and many other agriculture experts. On top of my class schedule, I spent about 30 hours a week prepar-ing.

Q: You ran for a National FFA office in 2009 and didn’t receive one. How did that impact you this year?

A: I’m very goal driven, so of course it was a huge let down after all that preparation not to receive an of-fice. I didn’t know exactly where the Lord was taking me at the time, but I realized that the information and knowledge that I’d gain preparing for the office was invaluable. I wouldn’t trade it for anything.

It helped that I could jump right back into the college routine. I’ve met my best friends here at SDSU and they’ve been a great support through everything.

The experience helped me this year because I knew what to expect. I feel that I’ve matured over the last year and had the opportunity to take in new experi-ences, like a trip to Zambia, Africa through the FFA’s global outreach program.

Q: What do you look forward to most during your year as a National FFA officer?

A: I look forward to first serving the members of the FFA. It’s my goal to listen, not only to what they are saying but also learn who they are as individuals so I can connect with them on a deeper level.

I hope to encourage them to seek out their gifts and talents. I hope to help ignite a fire inside of FFA members to achieve what they set out to.

I also look forward to advocating for agriculture. In the United States, many consumers don’t understand where their food and clothing comes from. I hope to share with them how we as agriculture producers work to improve our production practices in order to feed not only their family here in the U.S., but fami-lies across the world.

To learn more about the National FFA Organization, visit www.ffa.org.

“ I hope to help ignite a fire inside of FFA members to achieve what they set out to do. ”


Wheat prices are surging after export sales skyrock-eted.

The U.S. Agriculture Department said Friday that export sales of wheat totaled 1.05 million metric tons last week. It’s the highest level since August, when Russia banned wheat exports after a drought devastated much of its crop.

The increase in export sales is caus-ing speculation that more buyers will be interested in U.S. wheat because of uncertainty about the effect that floods may have on Australia’s wheat crop.

The flooding crisis has cost Australia at least $2.5 billion in lost exports from the farming and mining industries. Farm produce, including fruit, vegetables, cotton and sorghum, will be cut by at least $500 million in the fiscal year end-ing June 30, according to the Australian Bureau of Agricultural and Resource Economics and Sciences.

Railroads used to transport wheat and other products may be out of service for up to three months, PFGBest analyst Tim Hannagan said.

Australia is one of the world’s biggest exporters of wheat. Its crop had been ex-pected to fill some global needs but now inventories appear to be tighter, analysts have said.

Wheat for March delivery rose 21 cents, or 2.6 percent, to settle at $8.245 a

bushel. March corn added 3.25 cents to settle at $6.5725 a bushel while soybeans slipped 2 cents to $14.1225 a bushel.

In other trading, metals used primarily for manufacturing settled higher after the Ifo Institute said German business confidence has risen to a two-decade high.

In contracts for March delivery, copper gained 3.7 cents to settle at $4.309 a pound and palladium settled up 90 cents at $816.75 an ounce. April platinum rose $3.70 to settle at $1,822.30 an ounce.

February gold fell $5.50 to settle at $1,341 an ounce and March silver lost 4.6 cents to $27.427 an ounce.

Crude oil prices fell again as traders speculated about whether China may impose more restrictions to moderate the rapid growth in its economy

Benchmark oil for March delivery fell 48 cents to settle at $89.11 a barrel on the New York Mercantile Exchange.

In other Nymex trading in February contracts, heating oil rose 2.76 cents at $2.6508 a gallon and gasoline added 3.64 cents to $2.4589 a gallon. Natural gas for March gained 5.1 cents to settle at $4.743 per 1,000 cubic feet.

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Wheat surges on higher exports, supply concernsStory by Sandy Shore,

Associated Press

HARVESTING EXPORTS: Wheat prices surged after the U.S. Agriculture Department said export sales skyrocketed last week. The news is causing speculation that more buyers will be interested in U.S. wheat because of uncertainty over Australia’s crop, which has been damaged by floods.

METALS EXPECTATIONS: Copper, platinum and palladium rose after a new survey showed German business confidence has rose to a two-decade high. Gold and silver fell.

OIL SLIP: Crude oil prices settled lower. Traders expect China to take more measures to control the growth of its economy, which would damp-en its demand for oil and other commodities.

iSSUe aT a gLanCe


When Canova-area beef producer Dave Skoglund took part in the South Dakota Cooperative Extension Service’s Beef

2020 training program two years ago, he came away with a more thorough understanding of how each seg-ment of the industry fits together.

Skoglund learned so much, he returned a year later with his daughter, Maria, and took the course a second time.

“Continuing education is important in our indus-try, and it can be easy to forget the other sides of the industry when you work every day as a producer,” said Skoglund. “Beef 2020 classes offer producers a chance to interact with packers, folks in retail, all sides of the industry. It serves as a good reminder to all of us that pleasing the customer is what has to come first.”

Producers like Skoglund can take part in the 2011 ses-sion of the Beef 2020 training program on Feb. 15-17 in Brookings. The class is limited to 30 participants, and the deadline to sign up is Jan. 24.

Skoglund operates a 350-head cow-calf farm and also finishes cattle. He said he invited his daughter with him because he learned so much and he wanted her to have a chance to do the same. Maria Skoglund, a 21-year-old agricultural economics student at South Dakota State University, said that while she had no formal training in beef production, she was glad she took the course.

“I had some knowledge I gained from growing up on

the farm, and from my dad and other beef produc-ers, but it led me to want more information,” Maria Skoglund said. “What it gave me was great perspective on how packers, feeders, producers, and others are truly all on the same team. That’s something that can be over-looked when we all get so busy focusing on our specific roles in the beef industry.”

Both Maria and Dave Skoglund said working with producers who employ a wide range of production approaches – natural beef, organic, grass-fed, tradi-tional – also helped them realize the need for unity in an industry that can have passionate advocates of one system over another.

“Regardless of breed or the approach to raising them, we need to stick together and learn from one another,” Maria Skoglund said. “Consumers don’t have to eat beef. They might not know the various parts of the industry. But when beef producers, packers, and others in this field work together, it helps everyone.”

Extension Beef Specialist Cody Wright is among the instructors of the Beef 2020 course, and he said the program helps producers and workers in the industry learn the lessons they need to strengthen the value of their product.

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Beef 2020 offers producers advanced trainingStory by Jarett Bies,

For the Capital Journal


“Beef 2020 prepares producers, locker operators, and others in the industry to understand the necessities that go into producing high-quality beef,” said Wright. “The course is hands-on and intensive, and we open the discussion to get people to exchange ideas and to help them keep building up their base of knowledge and experience.”

Veterinarian Joe Klein, who works with White Veteri-nary Service, took part in the course in 2010. He said it was beneficial to his work as a large-animal vet.

“It gives participants an immersion into the industry from top to bottom, and I found the interaction with others in the class to be among the most valuable parts of the course,” Klein said. “The hands-on nature was also helpful. We processed carcasses and saw, cut-by-cut, how the various values are derived from an animal on the rail.”

Another participant in last year’s Beef 2020 training said

he returned to his beef operation and began implement-ing the data he derived from the course. Jerry Hofer of the Lakeview Colony near Lake Andes said he only wishes every South Dakota cow-calf producer could take part in the training.

“I came away with the impression that if all cow-calf producers could learn the basics and the techniques used in the carcass fabrication training, it would go a long way towards improving the industry,” Hofer said. “Broadening the educational platform for all producers, to give them clearer pictures of the processing and car-cass side, not just the live-animal side, doing that would have a positive impact on the industry.”

The training takes place at the South Dakota State Uni-versity Animal Sciences Complex, located on Campus Drive and Medary Avenue in Brookings. Beef Bucks, Inc., will cover the cost of registration for the first 15 participants. The program costs $50.

To sign up for the course, call Wright at 605-688-5448, or e-mail him at [email protected]. Or can send payment and contact information to Dr. Cody Wright, SDSU Box 2170, Brookings, SD 57007. Fax your information to him at 605-688-6170. The full schedule of events and a registration form are available online at www.sdstate.edu/ars/species/beef/2020/index.cfm.

In addition to the South Dakota Cooperative Extension Service, the South Dakota Beef Industry Council and SDSU’s Department of Animal and Range Sciences are sponsoring the workshop. Perhaps above all the lessons he learned, Dave Skoglund said the non-biased informa-tion the training gave him, and its overarching “pasture to plate” approach, made a big difference. It is why he’d recommend it to others.

“In this business, it’s all about learning, learning every day,” Skoglund said. “You never know when you’ll get that one piece of information that makes a huge differ-ence in your operation.”


Story by Christopher Leonard and Michael CrumbPhoto by Associated Press

Prices going upLower corn, soybean output sends prices surging

A surprising drop in the U.S. corn and soybean crop sent grain prices surging to their highest levels in 2 1/2 years. The price increases stoked

concerns about higher food prices and tighter supplies of feedstock for food and biofuels.

Wet weather and abnormally high temperatures con-tributed to lower U.S. corn production in 2010, accord-ing to a report from the U.S. Agriculture Department. The report also showed declines in soybean, wheat and

grain sorghum production.

March corn futures jumped 4 percent to settle at $6.31

a bushel. Soybean prices jumped 4.3 percent to $14.15

a bushel.

The report confirmed traders’ fears that historically low

stockpiles of grain and oilseeds could leave little buf-

fer in coming months as demand rises with a growing

global economy. Prices reached their highest points


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since the financial crisis of 2008 caused a collapse in global demand for food and fuel.

“It’s just confirming that supplies are lower than we thought, and demand is better than we thought, and when that happens you see prices bidding up,” said Chad Hart, an Iowa State University grain marketing specialist.

It can take months for higher grain prices to work their way to the grocery store. Raw ingredients are just a fraction of the cost for processed foods.

But companies like Hormel Foods Corp. have already announced price increases of more than 3 per-cent this year. Higher grain costs will put more pressure on them to pass costs along to consumers.

U.S. corn production dropped 5 percent in 2010 to 12.4 billion bushels. Still, it remained the third-highest output on record. The record was set in 2009, when 13.2 billion bushels of corn were harvested.

At issue is the amount of grain be-ing carried over from year to year. That surplus creates a buffer for global markets. The report shows that corn stockpiles are among the

lowest levels ever recorded, at just 5 percent of the total corn used, said Hart, the Iowa State specialist.

The report shows that just 745 million bushels of corn will be stockpiled by August this year. That’s down from about 1 billion bushels in August 2010.

“That’s a significant drop,” Hart said. “Normally, we like to keep those levels above 10 percent.”

Anthony Prillaman, an analyst with the USDA’s National Ag-ricultural Statistics Service, said weather was the key factor in the lower production.

“Everything shows that normal or above normal temperatures in Au-gust reduced the yield potential for corn,” he said. “They were above normal and stressed the crop.”

Hart said demand continues to rise, with the ethanol industry the area of fastest growth. The largest overall demand continues to come from the livestock industry.

Lower stockpiles are also evident with soybeans, wheat and cotton, Hart said.

“Things were already really thin with soybeans and have been for

FaCing page | An ear of corn sits on a stock as Tim Recker harvests a field near Arlington, Iowa. Increased commodity prices and strong demand have sent prices of farmland skyrocketing, making it more difficult for young and beginning farmers to get established but strengthening the balance sheets for those who own the land.

Farming equipment and grain silos are silhouetted against a setting sun near Farmingdale, Ill. Increased prices for corn and other crops have caused prices of farmland to climb with Illinois, Indiana, North Dakota and South Dakota seeing a average increases ranging from 8 percent to 11 percent.


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the past three years,” Hart said.

Soybean stock supplies are at 4 percent,

down from 5 percent the previous year.

Soybean production fell just 1 percent

in 2010 to 3.33 billion bushels, with

average yields of 43.5 bushels per acre.

Travis Thorson, a soybean analyst

with the USDA, said that was down

from about 3.4 billion bushels and

44 bushels per acre in 2009 and was

the second-highest output on record

behind 2009’s.

He said fewer soybean acres were

planted in the Southern U.S. as farmers

rotated crops.

Wheat production fell 1 percent to 2.21 billion bushels in 2010 but saw record yields of 46.4 bushels per acre. Grain sorghum fell 10 percent to 345 million bushels last year.

Cotton was a bright spot. Cotton production jumped 50 percent in 2010, in part because the number of acres harvested rose 42 percent, said Steve Maliszewski, a USDA analyst.

“Last year we had a lot of abandon-ment in Texas, about 1.5 million acres, because of severe drought in 2009,” Maliszewski said.

But he also said increased cotton prices may have contributed to more cotton

acres being planted in 2010.

Minnesota and Wisconsin were two bright spots in corn production in 2010.

Both states set records. Minnesota produced nearly 1.3 billion bushels of corn in 2010, with average yields of 177 bushels per acre. Wisconsin produced 502.2 million bushels, with 162 bushels per acre.

Iowa remained the top corn-producing state despite lower production of 2.15 billion bushels and 157 bushels per acre. Illinois came in second, with more than 1.9 billion bushels and 157 bush-els per acre.

Except for Wisconsin and Minnesota,

“the entire corn belt showed a decline,”

Prillaman said.

He said pressure is being applied to the

markets as traders watch to see if the

2011 crop will be big enough to meet

demand without further lowering the

stockpiles.

Hart, the Iowa State grain market-

ing specialist, said that as commodity

prices rise, meat prices could, too. But

he said that is a “delayed response of

maybe four, five or six months down

the road.”

Central Illinois farmers har-vest soybeans in Pawnee, Ill. 2010 marked one of the most profit-able years ever for farm-ers in the U.S. Midwest as corn, soybean and wheat prices surge.


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At National Farmers Conven-tion 2011 in Kansas City, Mo., on Jan. 18, a slate of

speakers spoke about agriculture, its future and how producers can extract more money from the marketplace for the food they produce.

Richard Ellinghuysen, vice president of the Pork Division for Producers Live-stock in Omaha, Neb., and a USDA and United States Trade Representative Ag Technical Adviser, said based on a United Nations Food and Agricul-ture Organization Report in 2009, the world will have to double its food production by 2050.

“Higher demand for food will push up prices, and that creates enormous opportunities for food producers,” said Ellinghuysen.

He said there is no guarantee of profit.

“But, you can capitalize by controlling productive assets, like land, livestock, capital, technology and labor while using risk management pricing on both inputs and outputs,” he said.

Later that afternoon, National Farm-ers Vice President Ron Mattos, of Hanford, Calif., said bargaining is the answer for agriculture. Producers can enjoy better leverage with buyers at the negotiating table when they join their production with others’ to secure better

prices and contract terms.

“The National Farmers marketing pro-grams are second to none,” Mattos said.

“We’ve spent more than five decades representing producers in the mar-ketplace, and we put that knowledge to work in sophisticated marketing programs,” Mattos said.

National Farmers Organization offers producers pricing and risk management programs in dairy, grain and livestock.

“I was at a Connecting Young Farm-ers Conference here at convention this morning, and I listened to a story from a young producer who markets together with his neighbors to lever-age better prices for each one of them,” Mattos said.

Bargaining works. Producers selling their production together in large vol-umes works, he said.

National Farmers President Paul Olson, of Taylor, Wis., acknowledged that despite rising commodity prices, there are still some challenging farm times in rural America.

Echoing the theme of rising input costs concerns, Olson said control of re-sources may be one of the biggest risks

farmers have in coming years. And,

that conglomerates are starting to take

shape in the fertilizer industry.

“We’re seeing better commodity

prices,” Olson said.

And producers need them. But we’re

closely watching if those will drive up

land, fertilizer, energy and other prices.

National Farmers is a group marketing,

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Farmers meeting focuses on world economyStory by Capital Journal

staff “ Higher demand for food will push up prices and that creates enormous opportunity...”


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initially set up to impact only the wealthiest individuals. However, since this specific tax schedule has not been updated recently, it could be impact-ing agriculture producers. Consult your tax preparer to see if there is any way you can avoid this tax.

Take advantage of tax incentives: Ask your tax preparer about recent incen-tives Congress has implemented. For example, one recent incentive, the Qualified Production Activities Income Credit, is available to any business that produces something. Since farmers and ranchers produce crops and livestock, they are eligible for this tax credit.

Another tax credit, the Making Work Pay Credit is based on earned income and could result in farm couples receiving up to $800 credit.

Income averaging: Due to good yields and markets this year, 2010 may be a good year for many agricul-ture producers to take advantage of income averaging. Income averaging allows producers to take this year’s extra income and apply it to the lower tax rates they received when they were in a lower tax bracket the last few years.

Keep good records: It comes as no surprise, considering the current state of our Federal deficit, that the IRS has been charged with looking for more money. Business owners like

you are being targeted. The IRS will be looking for anything that stands out to trigger an audit, for example, higher than usual expenses.

Whether you are audited or not, I suggest keeping good documentation of what you purchase, what it is used for and where it will be used on the farm.

The example I share is typically a farmer may make a stop at their lo-cal farm supply store and purchase $1,000 worth of supplies. In the past, a simple receipt would often suffice and the expense would be considered as a deduction. Today, that simple receipt may not suffice. The IRS wants thorough documentation and complete records proving that what was purchased was indeed used in the operation.

I’ve heard that the IRS is known for sending auditors into the field who have no knowledge of the business of agriculture, but are very skilled in interrogation. My response to this claim is this - if you and your operation gets audited, give your tax preparer power of attorney so they can be your go-between.

Your professional tax preparer can take the questions, visit with you and ensure that the responses are accurate and well thought out in order to save you money.

Pay yourself: Agriculture produc-ers can increase their deductions by paying their spouse and children for working on the farm or ranch.

TaxesFrom Page 13


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Instead of taking money from your profits to buy your kids school clothes, why not pay your children, use that as a deduction and they can buy their own school clothes? The same applies to your spouse. Keep accounts separate from the farm ac-count. It’s important to make sure wages paid to spouses or children are under their control in their own ac-counts. The IRS may disallow wages paid if it appears they are simply re-deposited back into the farm account and used for farm expenses.

Give commodities to charity: De-pending on your tax bracket, produc-ers can save as much as 25 to 40 per-cent of the value of the commodity in taxes by gifting commodities, like grain, instead of counting it as profit. When you deliver your grain, put the name of the designated charity — say the 4-H Foundation — on the grain storage ticket. Again, consult with your tax preparer to make sure you follow all of the regulations when do-ing this to make sure the transaction is handled correctly.

Do you have a farm credit card? Or-dinary credit card fees and interest is not a deductible business expense un-less the card is in the business name and used solely for business purposes. You may save money by opening a charge account strictly for the farm and use it only for farm expenses. Then, any annual fees and interest payments may become deductible expenses.

Do you have an off farm job? Nor-

mally, expenses such as mileage for driving to work are not a deduct-ible expense. However, mileage for driving from one job to another is. Therefore, since farming is your main job, if you have a job off of the farm, you may be able to deduct mileage for travelling to your second job and back. Check with your tax preparer for clarification.

Consider forming a corporation: Although many agriculture producers have been a sole proprietor for many generations, entering your operation into a sub-chapter s corporation has many long term, tax saving benefits. In many cases farm families can save thousands of dollars in taxes. Talk to your professional tax preparer to see if forming an S corporation is a good choice for you.

If you’re worried about losing control of your assets, I recently heard an expert suggest that producers keep the land in their name and rent it to the corporation.

Another concern that I often hear regarding moving to a corporation deals with Social Security. Some pro-ducers are concerned if they are not paying in as much self-employment tax, they won’t receive as much social security. This may be very true for tax payers near retirement.

However, for younger tax payers, my response is who do you trust more? The government to pay you back in Social Security many years from now, or yourself to invest the money


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saved? Also, consider the fact that when you die, Social Security does not remain with your estate for your heirs, while retirement investments do.

Q: Do you recommend a specific record keeping system?

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Q. What can I do to reduce stress during the 2011 tax season?

A. Plan ahead, keep good records throughout the year, and meet with your tax preparer in the fall of 2011 to do an end of year tax estimate.

When you have a good understanding of where you’re at financially and what your projected taxes might be, you can make important decisions throughout the season instead of panicking and making rash deci-sions that may not be the best for your finances’ long term health.

This gives you time to take advantage of one of many options that I suggested earlier, or your tax preparer can work with you to develop a different strategy that will help you pay less in taxes.

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060 For Sale

EDEN PURE PersonalHeater model 1000.$200/OBO. JOHNNYSTEWART MS512Predator Caller, carry-ing bag, charger, 15tapes. Stays charged.Good condition. $160.605-295-0416.

HOWES DIESEL Treat-ment. 6 in a case,cases sell for $60 at theGrey Goose Store. Call605-945-0794.

LOCAL FARM

FRESH EGGS

Licensed & state inspected,

Medium-

$1.79/dozen.Large -

$2.19/dozen.Grey Goose Store.

605-945-0794

PARTS FOR OlderFord Pickup: 390 Fordengine out of a 1973Ford Pickup, Runs,$500. 4-speed trans-mission out of 1979Ford Pickup come witha clutch bellhousing,$350. Complete driveline, Front rear end axleout of 1979 F150, $300.Call 605-222-1242.

USED TIRES: Set of 4.Continental PremierContacts, P235/55R17-98H. Good condi-tion. $160/OBO. Call605-295-0266..

IRONMAN 530 E Ellip-tical. Brand new, neveru s e d . Call

605-280-0499 for infor -mation and pricing.

PARTS FOR OlderFord Pickup: 390 Fordengine out of a 1973Ford Pickup, Runs,$500. 4-speed trans-mission out of 1979Ford Pickup come witha clutch bellhousing,$350. Complete driveline, Front rear endaxle out of 1979 F150,$300. C a l l

605-222-1242.

060 For Sale

066 Musical Merchandise

BABY GRAND PIANO.

Bergmann TG150 5'Ebony with Bench.Beautiful and in excel-lent condition. Seller willpay for moving withinPierre. $3495 firm.220-2982.

070 Home Furnishings

FOR SALE: TanLeather: Couch, $700(recliner @ each end);Love seat $450; Re-cliner, $350. Excellentcondtion. 605-295-3746

080 Cars

080 Cars

1994 OLDSMOBILECutless For sale. $700O B O . C a l l307-705-2108 for infor-mation!

1998 Ford Contour,Peppy V6, 97,000miles, automatic, AC,good tires, bra, fineburgundy paint, clean,avg. 30 mpg, sporty,very reliable. $3300O B O . C a l l605-280-2494.

FOR SALE: 2005Monte Carlo LS, PS PBPW, AC, 3.4L, 112Kmiles, $5995. Also have1995 Dodge GrandCaravan for parts.605-222-2095.

2002 MAZDA

Protege 5

5 speed manual,142,000 miles,

Power Moonroof,Keyless

entry-loaded,30+mpg.

Below Book

$4,800

Call 605-223-2305

Please leave a mes-sage if no answer.

082 Trucks

2001 FORD

Ranger

XLT 4x4 ext. cab119K mi.

Reduced Price!

$6500/OBO

402-290-3516

084 SUVs

1999 FORD

Explorer

XLT

Privacy win-dows, running

boards, luggagerack, 5 disc CDchanger, autotrans. Clean

Vehicle!

$3200 OBO

Call Russ at

605-280-3347

2003 F350 Crew Cab

4x4, V-10, 88,000miles. New flatbed.

Town Pickup. Ready togo.

$16,995

Murdo Ford

1-800-658-5585

[email protected]

ChooseCapital Journal

ClassifiedsCHOOSERESULTS.

2010 Lincoln

Town Car

Signiture Limited

Heated Leather and lotsmore. 16,000 miles,

Great car, great sav-ings.

CALL FOR MORE

DETAILS

Murdo Ford

1-800-658-5585

2010 Mercury Grand

Marquis LS

Program car. 14,000Miles. Leather Interior,About Like new OVER

$10,000 BELOWSTICKER PRICE at

$18,995

Murdo Ford

1-800-658-5585

2004 F250 Crew Cab

4x4, V-10, Trailer Tow.Sound Pickup at a great

price. $15,995

Murdo Ford

1-800-658-5585



2008 BLACK

KAWASAKI

Ninja 250rSharp bike, after-mar-ket flush-mounted sig-nals, great starter bike

9900 miles

$3000605-224-1039

FOR SALE

1999 HondaGL1500 Goldwing

30,000 miles, loadedwith accessories.Information Call

605-224-5215 or

605-280-5215.

090 Motorcycles

084 SUVs 110 Household Pets

4 FEMALE German

Shepherd dogs forsale. Purebred, withp a p e r s . 2 a r ebrown/tan, 2 are allwhite. 12 white Ger-man Shepherd puppiesborn Christmas Eve.Will be ready to sellmid February. Call An-

gela for more infor-

mation. 605-280-6873.

SHIH TZU Puppies.Small, nonshedding,great family pets. $200.605-680-5281.

120 Wanted to Buy

Wanted to Buy: Any brand of Chisel

Plow

15 to 60 ft.

Call Ron

at 605-266-2177

BUYING JACKRAB-BITS, January-March.C a l l D a v e406-626-1626 for de-tails.

WANTED TO buy:Treadmill. Please call605-224-7995.

SILVERSTREAMSHELTERS wood orsteel. 30! to 65! wide,12oz. poly tarp, 15 yearwarranty. Call PerryBlocker 605-216-2677

260 Farm & Ranch

WINTER GRAZING

AVAILABLE

Lots of good grass andwater. Good natural

protection.In case of storm... could

furnish hay for about200 head of cows.

Year-round possible.Call Gene or Tom:

605-985-5323

280 Help Wanted

Distributor Operator

with CDL/Tanker

Salary-$13-$15 anhour- pay depends on

experienceFull Time with Benefits

Location-Pierre, SD

Contact-Dawn at

605-223-2585

EARN

$60,000/YEAR

PART-TIME

in the livestock or

equipment

appraisal

business.

Agricultural

backgroundrequired.

Classroom or Home

Study Courses

Available.

800-488-7570www.amagappraisers.com

280 Help Wanted

FARM LABOR

needed for 30 plus

hours a week.

Located 3 miles Southof Craven Corner inIpswich. Salary open.Contact Sheila at605-380-8729.

280 Help Wanted

*************FULL-TIME & Part-timeEmployees wanted inEast Central SoDak,having experience in allaspects of crop farming.Self motivated, me-chanically inclined,CDL, wages DOE. Call605-354-2875.

Small Engine Me-

chanic

$14-$16 per hr, pay

DOE, Full Time

w/benefits, Location:

Pierre, SD

Contact-Dawn at

605-223-2585

Surface Miner/Equip-

ment & Plant Opera-

tor

$14-$16 per hr, pay

DOE, Full Time

w/benefits, Location:

Pierre, SD

Contact-Dawn at

605-223-2585

DRIVERS

Livestock truckingcompany

seeks

Experienced

Driver

for long distancecattle, hog & sheep

hauling.Excellent equipment

& pay.Serious inquiries

only.Call 800-831-8553

320 Work Wanted

STRETCH’SWELL SERVICE

INC.Complete well service

for all of your wellneeds from drilling to

well and pump repair.Geo Thermal.

Free estimates. 28years experience.

Call Tom or JeremyRathjen,

605-266-2128 or

605-350-1515

330 Livestock

FOR SALE:BLACK SIM/ANGUS &

BALANCER BULLS

Are you looking for

nore pounds in your

next calf crop? Our

bulls have length,

depth, moderate

frame, calving ease

and good disposition.SIRES INCLUDE:

Copyright, Net Worth,

Basic Instinct, Embla-

zon, Mytty Focus, Pre-

ferred Beef, New Attrac-

tion, Above Par & Wall

Street. The bulls are

structurally sound with

the commercial cattle-

man in mind. Call Rod,

Peg, or Laramie Strand

605-337-2328 or

605-680-7628 Rod’s Cell.

HAUGH

PAYLOADER,

Strait frame, 2 or 4Wheel drive. 1.5Yard buckett.Runs Great!

Call

605-945-1331.

350 Farm Items & Equipment

220 Homes

HORSE PROPERTY;20 acres north of Pi-erre. Barn, Garage,House with four bed-room, three bathrooms,office and many moreextras. Priced at$259,000. Cal l605-945-0521 or605-222-9544

230 Mobile Homes

NEW 2011 16x60, 2bedroom, 2 bath, all ap-pliances, vaulted ceil-ings. Finance for lesst h a n r e n t .605-224-1885 after6pm.

240 Commercial

BUILDING FOR sale!60x70 !Retail or shopspace. Can build to suit$ 3 1 5 , 0 0 0 O B O224-8009.

SPACE FOR LEASE:

1700 Sq. Ft. At the corner of Irwin & Gar-field. Off-Street parking, excellent visibility,owners will renovate to tenants needs.Available immediately!

Contact: Mike: 605-280-7805

Jim: 605-224-9000

John: 605-224-8750

WANTED: AUTOBody Tech. FT.

Contact Ed atWegner AutoB o d y S h o p(224-7418)

or apply in person.(330 East SiouxAve, Pierre) Wage

depends on expe-rience.

280 Help Wanted

260 Farm & Ranch

FOR SALE: Twohorses. 1 Mare &1 Stud, $100 foreach. Also, 1 Kids

Horse, 16 yrs old.$ 4 5 0 . C a l l605-220-1904, or

leave message.

2010 Lincoln

Town Car

Signiture Limited

Heated Leather and lotsmore. 16,000 miles,

Great car, great sav-ings.

CALL FOR MORE

DETAILS

Murdo Ford

1-800-658-5585

HAY FOR Sale

Large volume ofall types and

classes of hay inround bales.

DELIVERYAVAILABALEANYWHERE.

Call: Dale Hedstrom

605-564-2142

701-928-1338

dcjhedstrom@

ndsupernet.com

Roorda Feed

Wagon:

5x12, 3 mixers upfront, excellent con-dition, like new, al-

ways been shedded;Farmhand Stack

Mover,13x25, tandem axle,excellent condition.Call 605-448-5785

Employment & Farm-

ing Opportunity. Weare looking for a fulltime person for our

grain and cattle opera-tion. Wages plus the

opportunity to operateyour own land or cat-

tle.701-650-1185

Help Wanted:

Diesel Mechanicfor full time position byWessington Springs.

Wage DOE. Call605-354-2127 for in-

terview or fax605-539-1773 or email

tswenson@

venturecomm.net

ChooseCapital Journal

Classifieds

CHOOSERESULTS.

2010 Ford Expedition

EL,19,000 Miles.Program rig. Very well

equipped full sizedSUV. Save lots on this

one. $34,995

Murdo Ford

1-800-658-5585



360 Pasture Land & Acreage

HANSON COUNTY,160 Acres of Pasturesouth central Hansoncounty location, nativeand tame grass mix-ture, high stocking rate,fences in very goodcondition, excellent wa-ter supply with flowingcreek and large dugoutfor water supply, ruralwater along road. Forcattlemen this is anoutstanding property.This property has goodpotential also for inves-tors or recreational buy-ers looking to develop awildlife area. 47.09Acres were previouslyin rowcrop, all now inpasture. Contact: Sand-berg Realty Group,Hegg RealtorsDianne Benson605-351-0458,Keith [email protected]

LOOKING FOR

Large Ranches

to LeaseMust Have excellent

fences, water, corralsand grass.

Can run up to 3,000yearlings or 1,500

cow/calf pairs.

Call: 605-850-3887

GIANT RUBBER

WATER TANKS

11 to 13 foot sizes.$500 to $600 Each.

Guarenteed bestquality & lowest

price.Call

605/473-5356.

Now is the Time to

Take Advantage of

Lower Interest

Rates!

We offer long-termloans to refinance or

purchase commercialand agricultural real es-

tate.www.fortuneagfinance.com

605-645-8582

Fortune Financial

Solutions, LLC

WANTED

USED MOBILE HOMES

14’ & 16’ 1990 & NEWER

All Conditions Considered

Contact: Don

LIEBELT HOMES

605-225-3222

160+/-ACRE HIGHMORE S.D.ONLINE LAND AUCTIONFarmers! Ranchers! Hunters! Investors!

This is Your Opportunity to Purchase 160+/-Acres of CRP/Farmland in Hyde County,with 142.5 cropland Acres, Available to Farmor Rent when CRP Contract Expires onSept. 30th, 2011. Located 10 miles South-west o Highmore in Eagle Twp, this propertyis easily accessible in the heart of pheasantcountry with excellent recreational and /orfarming Potential.___________________________________

This property will be offered at online auction atWWW.ADVANTAGELANDCO.COM

Starting February 4th at 8a.m..Ending Tuesday, February 8th, at 11:00a.m.

___________________________________Legal: NW1/4 Section 8-111-72. Taxes:$845.82. This tract has a productivity indexor 64% with predominately Eakin-Rabercomplex soils, according to Surety Agridata.Buyer to receive 2011 CRP payment. Musthave $10,000 certified funds to AdvantageLand Company Trust Account in order to bid.Sale is subject to buyer premium.Owner: Elmer a. Ratzlaff Trust; L. VernonBuller and Stella E. Buller Trust

Call today for anInformational Brochure

www.advantagelandco.com605-692-2525

visit www.ronsmfg.com for complete details

CHANGE ANY CHISEL PLOW INTO A

heavy duty kits to get your

RON’SMANUFACTURING

www.dakotagrills.com

362 Agriculture Miscellaneous

**************(5) 9! SNOWBLOWERS

by Fair Mfg.

“twin fan single stage founder”

Now Available for

Feb. delivery!

*54” tall 54” twin fans

*no gear boxes, sprocket and #90drive system *(2) 716 shearboltper fan protected *twin hydraulic

discharge spouts *1000 RPM drive

w/quick hitch

Availability is critically short,

call to order TODAY @

605-848-1013

___________________________

Looking to buy:Aluminum irrigation pipe &

equipment.

Call 605-848-1013

**************

350 Farm Items & Equipment



RC Journal or see complete listing withCall Martin or PatJurisch to consign

your items605-348-5261

~ Now Taking Consignments ~

Auction held in the Events CenterCentral States Fairgrounds

Rapid City, SDSATURDAY, FEBRUARY 26, 2011 AT 10:00 A.M.

8TH ANNUAL BLACK HILLS STOCK SHOWFARM & RANCH AUCTION

Call Rod, Peg or Laramie Strand Platte, SDH- 605.337.2328 or Rod’s Cell- 605.680.7628

FOR SALE AT PRIVATE TREATY

BLACK SIM/ANGUS& BALANCER BULLS

ARE YOU LO OKING FOR M OREPOUNDS IN YOUR NEXT CALF CROP?

O ur bulls have leng th, d e p th, mo d erat eframe , calving ease & g oo d d isp osition.

Sires include:C o pyright, N etW orth, Basic Instinct,

Em b lazon, Mytty in F ocus, Pre ferre d B e e f,N ew A ttraction, A b ove Par, Wall Stre et.

Th ese bulls are structurally soundwith th e comm ercial cattle m e n in mind .

Performance sh e ets & Ultrasoundd ata availa b le .

Gun Show

Annual DTGCAGun Show,

Pierre SD.February

19th & 20th, 2011

Ramkota

River Center,

Pierre SD.

Admission $5

More information at

605-280-2438.

ACCOUNTING POSITION

SD Wheat Commissionhas a full time position available for the office accounting andadministrative responsibilities. Duties include multiple entityA/R, A/P, bank reconcilement, budget management, finan-

cial reporting to commission and State, payroll and tax filings,software and hardware management, customer interactionand reception. Prior accounting experience required, detailoriented, excellent organizational and communication skills.Competitive salary and benefits.Apply with a State of SD Employment Application to : PMB0141-1, SD Bureau of Personnel, 500 East Capitol Avenue,

Pierre, SD 57501 The State of SD employment applicationand a complete listing of current job requisitions are availableat any South Dakota Department of Labor Office or on theBureau of Personnel website at www.state.sd.us/jobs SDBOP requisition #100986-Accountant

HELP WANTED:

Seeking young, self-motivated, hardworking individual interested in a careerin the sheet metal trade. Will train.$11/hour starting wage with wage reviewafter 30 days. Great opportunity for the

right person. Send Resume to:Tessiers Inc.

Attn: Ron Faber

P.O. Box 1200

Mitchell, SD 57301-7200

ReferencesFully Insured

30 YEARS COMBINED EXPERIENCEFOR YOUR ROOFING NEEDS

FREE ESTIMATESFAIR PRICES

605-280-9891605-280-9794

See me in the YellowBook!

Ask about Tax & Insurance

LICENSED & [email protected]

295-0487

ADAM’SROOFING

Todd & Adam Bertsch605-224-2006

Sell your home today?4,930 pageviews on

Real Estate atwww.capjournal.comWhy Wait? Sell Today


&LandLivestock

Farming, Ranching & the Country Way of L ife

A monthly publication

featuring news and

information to help make

your agricultural business a

success. Call us to see what

we can do for you.

333 West Dakota AvenuePierre, South Dakota 57501 605-224-7301 • www.capjournal.com

Julie Furchner [email protected] Bahe [email protected]

LAND LIVESTOCKL A N D & L I V E S T O C K

LANDLIVESTOCK&

January, 2011 | Land & Livestock | PB36 | Land & Livestock | January, 2011

Onida

Mitchell

201 S. Main Street, Onida, SD605-258-2641

www.mysunrisebank.com

IversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIversonIverson

Iversonfeatherlite.com 1-800-753-5508Iversonchrysler.com 605-996-5683

land and livestock january 2011

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