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April’s Cold and Snow Shouldn’t Worry Farmers – Yet

 
Stubbornly cold temperatures and winter storms affecting much of Iowa this spring shouldn’t cause undue alarm for farmers anxious to begin planting, according to an Iowa State University agronomist. At least, not for a few more days.
 
Mark Licht, an assistant professor of agronomy, said Iowa farmers can scale up their planting in a hurry, planting between 1 and 1.5 million acres a day across the state when operating at full capacity. That means there’s still time for most farmers to get virtually all of their corn and soybeans planted before the optimal window closes for each crop, Licht said, even with this month’s temperatures freezing farmers out of their fields.
 
“In another week, I start to get a little more concerned, though.”
 
Licht said farmers usually want to have their corn completely planted between May 5 and May 10. Soybean planting can stretch a little later, to around May 20 in an average year. Waiting too long after those dates shortens the growing season for the crops and risks diminishing yields, he said.
 
So the clock hasn’t run out yet, but additional delays most likely will take some farmers down to the buzzer for optimal planting.
 
“We need 15 to 20 good days to get all the planting done,” he said. “You realize really quickly looking at the calendar, we’re going to be under some pressure if we keep getting delays.”
 
For soil, 50 degrees is the magic number
 
Licht recommends farmers wait until soils reach 50 degrees before planting. He also recommended paying attention to the forecast to make sure soil temperatures won’t slip below that threshold in the first few days after planting. The seeds won’t germinate in cooler soil, which gives insects and pathogens an opportunity to strike, Licht said.
 
Farmers are most concerned with the top two inches of soil, which can warm quickly once the weather finally turns around for good. For instance, most of the state’s soils were below 30 degrees at the beginning of last week. By week’s end, some soil in southern Iowa had reached 50 degrees. A few days of 60s and 70s during the daytime and nighttime temperatures that remain above 40 degrees can make a huge difference, Licht said.
 
“With some sustained warm temperatures, we’ll see soil temperature respond quickly,” he said.
 

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2024 AGM Day 1 Panel - Succession Planning & Risk Management

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Statistics Canada’s 2021 Census of Agriculture indicates that 75% of all farms operating in Canada operate as sole proprietorships or family partnerships. While incorporated farms make up just over a third of Canadian farm operations most of those are also family-run corporations. If the issue of farm succession planning is not on the minds of Canadian farm producers, it probably should be. That same Statistics Canada Census of Agriculture indicates that the average age of a Canadian farmer is 56 years of age with the 55 plus age group becoming the fastest growing segment in Canadian agriculture.

Despite these statistics, the same Census reports that only 1 in 10 Canadian farm operations have a formal succession plan. While each farm has its unique issues when it comes to transferring the business to the next generation, there are some common topics that almost all farmers must address. Join financial, legal, and tax experts to learn about how to begin the process, key tips on ensuring a smooth transition from one generation to the next, and how to manage the strong emotions the topic can create within the family.