Ag Trader USA
About usAbout Us
More about us and what we do.
ClassifiedsClassifieds
Equipment, property & more...
SubscribeSubscribe
Begin your subscription today.
ArticlesArticles
Farm safety, animal care & more...
AdvertiseAdvertise
Advertise with us, view our rates.

January 2017 Articles

Just Rambling January 2017
LSU student overcomes obstacles along path to graduation
It’s time to plant tulips, hyacinths
Spiritual Corner
Forage producers hear about pasture conditions after floods
• 2016 was a tough year for Louisiana agriculture
Goat Nutritional Disorders
Asian ladybeetle showing up in Louisiana
LSU AgCenter researchers awarded technology transfer grants
Consider the gifts of the garden
UPDATE: Equine Herpesvirus Confirmed at New Orleans Fair Grounds Racetrack
Statement by Zippy Duvall, President, American Farm Bureau Federation, Regarding
Statement by Zippy Duvall, President, American Farm Bureau Fede
Statement by Zippy Duvall, President, American Farm Bureau
Statement of Zippy Duvall, President, American Farm Bureau Federation, on the No
National 4-H Council, American Farm Bureau F
Farm Fences Continued from December Issue
NCBA, PLC meet to Discuss Federal Land Priorities for New administration
Just Rambling December 2016

(19 articles found)

Archives by Months

2016 was a tough year for Louisiana agriculture

2016 was a tough year for Louisiana agriculture Writer: Craig Gautreaux at 225-578-5673 or cgautreaux@agcenter.lsu.edu
(12/21/16) BATON ROUGE, La. – Unfavorable weather and lower commodity prices made 2016 a difficult year for those involved in agriculture in Louisiana.
For the second year in a row, depressed commodity prices made conditions hard for farmers. After several years of relatively high prices, many producers made significant investment in their operations, but the downturn in prices is causing financial hardships for some.
“We had infrastructure of these enterprises that were built on $6 corn and $14 soybeans. That just doesn’t work with $9 soybeans and $3 corn,” said LSU AgCenter economist Kurt Guidry.
Another compounding problem was unusually wet weather across the state, including two major floods. North Louisiana received torrential rains in the spring, just after a significant amount of corn was planted. Many acres of corn had to be replanted, adding to production costs.
In south Louisiana, a late-summer flood delayed harvest or ruined many acres of rice, soybeans, cotton and grain sorghum. It also delayed sugarcane planting, which may affect next year’s crop.
While the weather did not cause the statewide average yield of many crops to drop significantly, the numbers don’t reflect the true picture. Many acres went unharvested because they were in such poor condition, and those acres are not included in yield averages. Some harvested crops had major price reductions because of quality issues.
“A 90-bushel grain sorghum yield looks good on paper, but if you can’t sell it because of quality issues, it doesn’t do you any good to harvest 90 bushels,” Guidry said.
According to Guidry, producers should not expect any relief in terms of commodity prices. He believes sugar is the only commodity with a stable price among the major row crops grown in the state.
“We’re going to have to deal with corn in the $3-$4 range and soybeans in the $9-$10 range. That’s just going to make that recovery much more difficult,” Guidry said.
Another concern of Guidry’s is declining land values. Many farmers have much of their equity in the land they own and farm. While values are not falling as fast as they are in the Midwest, it is something Louisiana farmers should take seriously.
“What we’re seeing is an erosion of equity because of these reductions in land values that impacts farmers’ ability to withstand these hard times,” Guidry said.
It is important for producers to have good yields next year because prices are not expected to rebound. Favorable weather would also be beneficial, he said.
Cattle prices have stabilized for the past month, Guidry said, and he believes the bottom of that market may have been reached, with a slight increase possible sometime in 2017.
Contact: Kurt Guidry at kmguidry@agcenter.lsu.edu or 225-578-4567

Advertisers - October 2021
Poole Well Service
Odom Veterinary Clinic
QC Supply
Read's Lumber and Supply
Red River Livestock
Taylor Auto Body
Thomas Nursery & Feed
NAPA
Taylor & Wilkes CPA's
Origin Bank