Summer 2018 Cooperative Extension Service Daviess County 4800A New Hartford Road Owensboro, KY 42303 270-685-8480 www.daviess.ca.uky.edu

A Message from Clint

The Kentucky Corn Growers Association has created a membership opportunity which I hope you will consider. Join farmers and land owners from across the state who have already placed their investment in the UK Grain and Forage Center of Excellence by purchasing a UKAg Benefactor Lifetime Membership. Proceeds from each purchase goes directly to corn-focused research which is considered match to the Kentucky Agricultural Development Board grant for the UK Grain and Forage Center of Excellence.

The purchase price of the UKAg Benefactor Membership is $1,000 and deductible on schedule F as farm organization dues. Membership includes… Lifetime memberships for both Ky Corn Growers and National Corn Growers Associations. Name and farm name of each purchaser prior to January 31, 2019 will be permanently displayed on a plaque at the Center. A $1,500 donation for each membership will be provided in the name of the purchaser to UKAg for the Grain and Forage Center of Excellence via a grant provided by the Corn Promotion Council. Those funds are earmarked for corn-focused research.

Recognizing that UK has a history of being at the forefront of crop technologies, now widely adopted across the world, UK's partners are dedicated to ensuring the university's grains and forages research and education programs continue to lead the way during this era of great agricultural challenges.

A generation ago, agricultural leaders from Daviess County and across Western Kentucky led an effort

to create the University of Kentucky Research and Education Center (UKREC) in Princeton with infrastructure that houses people committed to the science of production agriculture. Those stakeholders had faith that the land-grant university could help improve agriculture and their lives.

Today, a new generation of agricultural leaders have the same beliefs in the land-grant system but are faced with new challenges of using current resources to feed a growing world population with consideration to the environment, particularly water

quality. From those beliefs and needs, the idea of the Grain & Forage Center of Excellence emerged.

A primary goal of the Grain & Forage Center of Excellence is to help Kentucky farmers feed the world sustainably, protect the environment,

expand the Kentucky economy, and pass their farms to the next generation. It is a reinvention of the UKREC with additional faculty, increased land available for research and remodeled labs and training facilities.

While UK is committed to Kentucky farmers, results of its faculty and staff's research and outreach have made important impacts in the U.S. and world agriculture. Western Kentucky is the birthplace of modern no-till farming. The UK Wheat Science Group's work on intensive wheat management has made UK faculty leaders in research on soft red winter wheat production. Thousands of forage producers have benefited from UK educational programs and research on rotational grazing and extending the grazing season.

Do you want healthy and productive woodlands? Learn how to achieve this at the 2018 Woodland Owners Short Course. The College of Agriculture Department of Forestry educational program is designed to assist woodland owners in care and management of their property. The program will be held August 4, at the Marshal County Cooperative Extension office near Kentucky Lake. Tree identification, wildlife and woodland management practices, tree planting and timber sales will be discussed. For more information call UK Forestry at 859-257-7597. Register online at www.ukforestry.org.

2018 marks the 17th consecutive year of the Green River Area “Best of the Best” Bred Heifer Sale. The sale is the result of a team effort including the Kentucky Beef Network, the Green River Area Beef Improvement Group, the Green River Area CPH45 sale committee, and area county extension offices. Mark your calendars for Saturday, November 3 and be prepared to purchase some the finest quality commercial breeding stock you will find anywhere. The sale, held at Kentuckiana Livestock Market, begins at 5:00 p.m. with animals on display during the afternoon.

Bred Heifer Sale

It has turned off hot and dry, typical for this time of year. If you have grazing animals set to turn out on warm season grasses such as sorghum-sudan grass or plan to bale it for hay, be aware of prussic acid and nitrates. Toxic levels of nitrates result from heavy nitrogen applications followed by severe drought. Prussic acid is most likely to occur after frost but tender young growth occurring after a long drought can be toxic. Grazing warm season grasses should be delayed a week following the end of a severe drought. Hay dried enough to be safely baled should be safe from prussic acid. Nitrates in hay do not dissipate and may require testing.

Prussic Acid and Nitrate Poisoning

Summer 2018 Page 2

Woodland Owners Short Course

Dr. Todd Davis, Extension Grain Marketing Specialist at the Center for Grain and Forage Excellence will be at the Daviess County Cooperative Extension office Monday evening August 13 at 7:00 p.m. to review the August 10 crop report and discuss grain market strategy prior to harvest. This meeting will serve as a

prerequisite educational program for those interested in participating in the cost share program.

Grain Marketing Meeting

Any LLC, Partnership, Inc. or other entity that is the employer on an H-2A contract, MUST have a DUNS & Bradstreet (DnB) number. This is the process that the government will use to verify that the entity exists. Not having a DnB number may delay the application process.

H-2A Employers

The Daviess County Agricultural Development Council allocated $50,000 of the 2018 Master Settlement Agreement allocation to the Green River Area Beef Improvement Group to administer the 2018 County Agricultural Investment Program. Project applications will be mailed in August. Please call the extension office at 270-685-8480 to request an application. Eligible project items purchased and installed between February 1 and November 30 are eligible for reimbursement. The list of cost share categories and items eligible for reimbursement can be found at https://agpolicy.ky.gov/funds/Pages/program-portal.aspx.

Cost Share Update

Beef Producers, mark your calendars! Beef Bash will be September 20, 2018 at the Princeton Grain and Forage Center of Excellence. Details have not been finalized; I’ll send a flyer with the December CPH45 sale information. Dr. Roy Burris, Extension Beef Cattle Nutrition specialist, well known to beef producers in our area is retiring this fall. This Beef Bash will honor his vast accomplishments and recognize his contributions to our industry.

Beef Bash

Summer 2018 Page 3

The University of Kentucky Corn, Soybean and Tobacco Field Day is July 24, at the UK Grain and Forage Center of Excellence in Princeton. Registration begins at 7 a.m. CDT. Tours begin at 7:50 a.m. and will offer in-depth, educational options related to crop production, soil nutrition, tobacco, integrated pest management and precision agriculture.

UK College of Agriculture, Food and Environment specialists will present the latest information on important topics such as dicamba stewardship and herbicide-resistant weeds, nutrient placement and the effects of potassium to tobacco production.

Program organizers have requested continuing education units for pesticide applicators and Certified Crop Advisers. The field day concludes with lunch provided by the Kentucky Corn Growers Association, Kentucky Soybean Promotion Board, the Burley Stabilization Corporation and Altria. The UK Research and Education Center Farm is located at 1205 Hopkinsville St., Princeton, KY. For more information, contact Colette Laurent, UK extension associate for grain crops, at colette.laurent@uky.edu or 270-365-7541, ext. 264.

Corn, Soybean, and Tobacco Field Day

The College of Agriculture receives a USDA Supplemental Nutrition Assistance Program (formerly known as food stamps)-Education grant for the purpose of employing assistants in Extension offices throughout the state. They have the responsibility of educating SNAP eligible youth and adults in our community on smart food selection, preparation and nutrition choices. A portion of these funds were allocated to raised garden beds specifically for the drug abuse recovery centers across the state. The Daviess County Extension office SNAP Education assistant, Shannon Kuegel, has partnered this summer with Owensboro Regional Recovery to teach residents there about the physical and mental health benefits of gardening while suppling the facility with fresh produce to prepare.

SNAP-Ed Update

Over 90 farm businesses across 8 counties represent membership of the Ohio Valley Farm Analysis Group. These farms submit records to area extension specialists for farm management and after thorough analysis receive a report indicating how their business has done in the last year. The records are compiled with peer farms to gauge how members compare to peers of similar scale and enterprise. Enclosed you will find a copy of the 2017 Ohio Valley Farm Analysis Group Quick Facts sheet. If you have any questions about the information or how to become a member, please contact one of the Farm Management Specialists.

KFBM Update

Suzy Martin Area Extension Specialist

Farm Business Management Email: slmartin@uky.edu

Lauren O. Turley Area Extension Specialist

Farm Business Managament Email: lauren.o.turley@uky.edu

The Cooperative Extension Service prohibits discrimination in its programs and employment on the basis of race, color, age,

sex, religion, disability, or national origin.

To file a complaint of discrimination, contact Timothy

West, UK College of Agriculture, 859-257-3879; Terry Allen or Patty Bender, UK Office of

Institutional Equity and Equal Opportunity, 859-257-8927; or

the USDA, Director Office of Civil Rights, Room 326-W Whitten Bldg., 14th and Independence Ave. SW, Washington, D.C.

20250, (202-720-5964).

For more information please contact:

Clint Hardy

Daviess County Extension Agent

for Agriculture and Natural Resources Education

Email: chardy@uky.edu

July 24, 2018 UK Corn, Soybean, & Tobacco Field Day

UK Research Station Princeton, KY

July 31, 2018 UK Student Send Off

Daviess County Cooperative Extension Office

August 4, 2018 Woodland Owners Short Course

Marshal County Cooperative Extension Office

August 12, 2018 16th Annual Rural Life Celebration

Owensboro Convention Center

August 13, 2018 Grain Marketing Meeting

Daviess County Cooperative Extension Office

August 17, 2018 Agriculture Appreciation Night

Friday After 5

September 20, 2018 Beef Bash

UK Research Station

Princeton, KY

If you know a student who will be a freshman attending UK in the fall this event is for them! The Daviess County UK Alumni Club will host a student send-off celebration at the Daviess County Cooperative Extension Office on July 31! Enjoy refreshments with friends, family and fellow wildcats as we welcome you into the University of Kentucky family. There is no cost to attend and students, parents and families are all welcome. Local alumni will be on hand to share pointers that will make the transition from high school to college a breeze! This event is a great opportunity to ask any last minute questions and connect with other students and parents from your area! Registration is required at www.ukalumni.net

Sixty-one youth from Daviess County attended West Kentucky 4-H Camp the second week of June along with six other west Kentucky counties. A total of 300 campers ages 9-15 participated this year. Campers partake in fun and educational activities while gaining life skills at camp. Our community will benefit by these young people returning to share what they learned with friends and family.

The West Kentucky 4-H camp provides an opportunity for boys and girls to camp through separation of living quarters on different locations on the property. The kids had a choice of nearly 20 classes, ranging from athletic topics to crafts, cooking, swimming, and shooting sports. Campers had the option to choose classes that fit their interests.

Summer 2018 Page 4

UK Student Send-Off Other Upcoming Events

4-H Youth Development Update

If you would rather receive Cooperative Extension newsletters, flyers, and other correspondence by e-mail, let us know by e-mailing robyn.edgell@uky.edu or

chardy@uky.edu

Single CropSoybeans

Double CropSoybeans

64 *

62 *

61 *Ohio County

56 *59 *

61 57Most Recent5 Year Average 57 51

*Not enough farms with this crop to publish these numbers

21.7%13.3%20.0%26.7%18.3%

2017 Average 203,880$ 2017 Average2016 Average 13,369$ 2016 Average2015 Average 40,089$ 2015 Average

5 Year Average 149,662$ 5 Year Average

Return Operating Expense RatioAbove $700600-700 Net Farm Income Ratio550-600500-550 Debt/Asset RatioBelow $500

Debt/Equity Ratio698.60638.35 Return on Farm Assets724.34

Return on Farm Equity741.43

Below $10

5 Year Average

Financial Ratios

25%25%15%

% of Farms

22%13%

2015 Average2016 Average2017 Average

Crop Return per Acre

205

Capital PurchasesThousands of

Dollars% of

Farms

Net Farm IncomeThousands of

Dollars% of

Farms

50-100100-250

Ohio Valley Area

81

Above $250

Below $50

2668

2121

Crop Yields by County

Webster CountyUnion County

McLean CountyHopkins CountyHenderson CountyHancock CountyDaviess County

Yellow Corn WheatBurley

Tobacco

194

**

Ohio Valley Farm Analysis GroupSpecialists: Suzy Martin and Lauren O. Turley

2017 Analysis

6.2%

217 * 2765

185

188207

201

68%

14%

35%

54%

4.4%

88

$331,954

$235,207

15%15%8%

35%

$105,646$141,711

10-100

*

* **

Above $300200-300100-200

*

*

2017 2016 2015 2014 2013Income Before Depreciation 385,081$ 204,290$ 225,189$ 334,961$ 503,063$

Price Received for Old Crop Corn 3.80$ 3.90$ 4.05$ 4.78$ 6.91$ Price Received for Old Crop Beans 9.57$ 9.83$ 10.44$ 13.20$ 14.61$ Price Received for New Crop Corn 3.39$ 3.58$ 3.81$ 3.72$ 4.68$ Price Received for New Crop Beans 9.57$ 9.83$ 9.38$ 10.67$ 12.87$ Price Received for Wheat 4.56$ 4.60$ 5.76$ 5.32$ 6.99$

Averages per acre:Seed, Chemical, and Fertilizer Total 237.63$ 259.32$ 263.83$ 273.45$ 295.54$ Machinery and Equipment Total 167.60$ 157.37$ 159.92$ 171.04$ 169.20$ Drying & Storage Total 4.07$ 3.33$ 4.00$ 6.33$ 6.29$ Insurance Total 29.82$ 27.75$ 27.08$ 27.61$ 29.67$ Crop Insurance (included above) 15.26$ 14.51$ 14.12$ 14.11$ 17.88$

Cash rent per cash rent acre 177$ 176$ 175$ 183$ 168$ Number of Tillable Acres 2,072 2,217 2,200 2,196 2,051Number of owned acres per farm 523 532 519 493 524Number of crop share acres per farm 874 939 946 988 860Number of cash rent acres per farm 675 745 735 715 667

Average High 1/3 Low 1/3 Average High 1/3 Low 1/3Net Non-Farm Income 42,987 48,169 102,265 Life Insurance 3,883 7,297 1,702Income & SS Taxes 14,641 36,996 2,779 Expendables 58,939 99,001 31,562Contributions 5,129 11,940 2,388 Living-Capital Expenses 3,051 6,287 695Medical Expenses 6,887 13,558 3,056 Total Family Living 77,889 138,083 39,402

330,517$

5.45$ 10.47$

3.84$ 11.53$

4.69$

(state averages for 2017)

Ohio Valley Farm Analysis GroupSpecialists: Suzy Martin and Lauren O. Turley

2017 Analysis

Family Living Expenditures

707921518

176$

15.18$

2,147

5 Year Average

28.39$ 4.80$

165.03$ 265.95$