Latest News From Retail Business

What Is Your Most  Important Annual Audit?
What Is Your Most Important Annual Audit?

Strategy can be more effective than cutting costs

Antsy To Plant Corn Now? Use These Five Tips To Get Ready
Antsy To Plant Corn Now? Use These Five Tips To Get Ready

One of the biggest benefits from waiting to plant corn until conditions are ideal, is the crop emerges more uniformly and forms those picket-fence stands that deliver huge yields, says Agronomist Missy Bauer.

Ferrie: It's a No-Go for Corn Planting in Central Illinois
Ferrie: It's a No-Go for Corn Planting in Central Illinois

Along with too much moisture, high numbers of corn flea beetles are posing an early-season concern. Ferrie advises checking your Stewart’s wilt bacteria rating on hybrids. There's no treatment option for infected corn.

Ferrie: Do you Roll the Dice Now and Plant Soybeans Early?
Ferrie: Do you Roll the Dice Now and Plant Soybeans Early?

Some Illinois farmers started planting soybeans in late March. Ken Ferrie offers tips to help you weigh the risks of planting now. Plus, be aware that poor saturated cold scores are impacting some seed corn hybrids.

Ferrie: In Dry Soils, Is It Better to Use Anhydrous and Strip-Till or a Zone Builder?
Ferrie: In Dry Soils, Is It Better to Use Anhydrous and Strip-Till or a Zone Builder?

Based on fieldwork he's done so far, the farmer asks, “Am I drying out the soil early in what looks to be a dry year? Or, am I making the soil more fit so roots can go down as they should?”

Bayer’s New Way Of Doing Business: The Future is Now For Crop Science
Bayer’s New Way Of Doing Business: The Future is Now For Crop Science

After launching an initial “frontrunner” a group in Illinois, Bayer says its Crop Science division is ready to roll out the company’s new operating model, Dynamic Shared Ownership (as it’s known internally, DSO).

New Data: The Scoop 2024 Salary Survey
New Data: The Scoop 2024 Salary Survey

Uncover industry trends in key ag retail roles with the results of The Scoop’s annual salary survey.

A Kick-Start For Corn: When to Use Plant Growth Regulators
A Kick-Start For Corn: When to Use Plant Growth Regulators

If weather stresses have you looking for ways to give your crop a stronger start this spring, consider whether a plant growth regulator could be part of the solution, especially in high-yield environments.

3 Tips For Better Weed-Control Outcomes This Season
3 Tips For Better Weed-Control Outcomes This Season

Do you want to plant early-season soybeans? Do you grow non-GMO crops? If the answer to either question is yes, Ken Ferrie, Farm Journal field agronomist, says to address weeds in the process.

Bayer Announces 2024 Carbon Program, Expanding Opportunities
Bayer Announces 2024 Carbon Program, Expanding Opportunities

“Our mission is to improve and expand our program to create additional opportunities for even more American farmers,” said Leonardo Bastos, Senior Vice President of Ecosystem Services at Bayer Crop Science.

Ferrie: Freezing and Thawing Cycles Can Help Or Hurt Compaction
Ferrie: Freezing and Thawing Cycles Can Help Or Hurt Compaction

A sudden change in soil density that occurs from the freezing-thawing process can cause problems with corn root growth this spring and impede water movement in the soil during the growing season.

3 Factors Drive Downturn: Net Farm Income Forecast to Be Down 25%
3 Factors Drive Downturn: Net Farm Income Forecast to Be Down 25%

“It’s hard to put yourself in growth mode when things are getting so expensive,” says Tanner Ehmke with CoBank.

Salary Insights: Your Input Is Requested
Salary Insights: Your Input Is Requested

This survey will take about 7 minutes to complete, and your responses will be treated confidentially.

Court Rules Dicamba ‘Was Unlawfully Approved’ By EPA and Halts Use
Court Rules Dicamba ‘Was Unlawfully Approved’ By EPA and Halts Use

Forty million dicamba-tolerant soybean and cotton acres would be directly impacted by the ruling the U.S. District Court of Arizona in Tucson made Tuesday. EPA has not said when it will respond to the court's decision.

Ferrie: Does Spring Or Fall Horizontal Tillage Cause More Density Layers?
Ferrie: Does Spring Or Fall Horizontal Tillage Cause More Density Layers?

Ken Ferrie answers two additional questions: Was it allelopathic toxins in the cereal rye ahead of corn that caused such a yield ding last season? Will there be a cap to Carbon Initiative payments per farm operation?

US Justice Department Probing ADM Accounting Practices
US Justice Department Probing ADM Accounting Practices

According to two sources, in recent days the U.S. Attorney's Office for the Southern District of New York has interviewed former ADM employees, ramping up pressure on the global commodities giant.

New Data Builds "Model Retailer"
New Data Builds "Model Retailer"

To get a measure of what an average ag retail location looks like, the Agricultural Retailers Association (ARA) partnered with The Scoop to gather data to better understand retailer attributes and behaviors.

5 Ways Truterra Wants To Break The Carbon Market Adoption Plateau
5 Ways Truterra Wants To Break The Carbon Market Adoption Plateau

“We can move so much faster. By our estimates, less than 2% of farmers are participating in these programs industry wide,” Truterra president Jamie Leifker says.

FBN’s Refined Focus: One-On-One With Its Interim CEO
FBN’s Refined Focus: One-On-One With Its Interim CEO

With recent turnover in company leadership, a divestment in its insurance business, and a growing list of partnerships, FBN is re-focusing its business. 

 Agronomists Worry Moisture Deficits Will Contribute To Herbicide Carryover
Agronomists Worry Moisture Deficits Will Contribute To Herbicide Carryover

While you can't make Mother Nature send rain, you can review crop-rotation restrictions on chemistries you applied last year. Knowing that information can guide what crop you plant where this spring.

ADM Puts CFO On Leave With Ongoing Investigation In Cooperation with SEC
ADM Puts CFO On Leave With Ongoing Investigation In Cooperation with SEC

Vikram Luthar’s leave is pending an ongoing investigation being conducted by outside counsel for ADM and the Board’s Audit Committee.

The Scoop Podcast: Beyond Typical Ag Retail and Co-op Services
The Scoop Podcast: Beyond Typical Ag Retail and Co-op Services

The expansion of services into environmental and water management includes moisture sensors installation, water irrigation uniformity testing, and services Rebecca Schubert says are “beyond the typical retail ag co-op.”

7 Parallels Between Life and a Healthy Business
7 Parallels Between Life and a Healthy Business

Personal health can mirror business health. Here are seven characteristics to measure and monitor.

Ferrie: Farmer Asks How to Use Red Clover as a Cover to Reduce Nitrogen Rates and Costs
Ferrie: Farmer Asks How to Use Red Clover as a Cover to Reduce Nitrogen Rates and Costs

Red clover can fix nitrogen, suppress weeds and improve crop yields. Based on test plot research in Illinois, a good stand of red clover can provide between 50 and 100 pounds of nitrogen per acre.

Exclusive: Presidential Candidate Nikki Haley Shares Her Vision For The U.S., Agriculture
Exclusive: Presidential Candidate Nikki Haley Shares Her Vision For The U.S., Agriculture

AgriTalk has extended an invitation to all the 2024 presidential hopefuls to join Host Chip Flory and answer five standard questions about what they would focus on once in office.

Three Midwestern Farm Credit Associations Announce Collaboration
Three Midwestern Farm Credit Associations Announce Collaboration

Combined, the organizations have a reach of over 85,000 producers in eight states.

Ferrie: No-Till Farmer Asks at What Depth to Pull Soil Samples?
Ferrie: No-Till Farmer Asks at What Depth to Pull Soil Samples?

Growers can benefit from evaluating the dispersion of N, P and K and pH levels in no-till fields. Often, there is a drop off in soil fertility levels in no-till soils once below the three-inch mark.

BASF Gives Agriculture, Battery Units More Autonomy But No Plan To Split
BASF Gives Agriculture, Battery Units More Autonomy But No Plan To Split

The company, with sales of $94 billion last year, will create legally separate entities for the three units, trade union IGBCE said in a statement on Thursday, which was confirmed by a company spokesperson.

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Innovation For A Bright Future
Innovation For A Bright Future

Helping farmers do the Biggest Job on Earth is Job One for scientists at BASF Agricultural Solutions. Helping to maximize yields and minimize challenges through innovation are vital to that mission.

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Growing Into Tomorrow
Growing Into Tomorrow

It’s no secret that today’s agriculture industry faces unprecedented challenges, and retailers stand on the front line facing them every day. These challenges span the globe.

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Ferrie: Farmers Are Strip-Tilling Covers Now. Is That A Good Idea?
Ferrie: Farmers Are Strip-Tilling Covers Now. Is That A Good Idea?

The practice can be useful in some scenarios but not all. Farmers need to evaluate the potential impact on 2024 yield outcomes. Perhaps a bigger concern is how the practice impacts weed management, especially waterhemp.

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Feed Grain Supply Boost Driven by Corn Yield, USDA Predicts

The U.S. feed grain supply is expected to grow by 3.4 million metric tons, propelled by a projected increase in corn yields for the 2023/24 corn production forecast, reports the USDA Economic Research Service.

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Telling The Sustainability Story
Telling The Sustainability Story

As using sustainable practices becomes an even more essential part of farm business, BASF remains committed to helping the industry achieve its goals and to helping measure and communicate what is already being done.

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New Legislation Looks To Connect Farmland And Ranchland To Broadband
New Legislation Looks To Connect Farmland And Ranchland To Broadband

The Last Acre Act would help expand high-speed internet access across eligible farmland, ranchland and farm sites. At least 15% of farms and ranches have no access to the internet today. 

Are 100-Bushel Soybean Yield Averages On The Horizon?
Are 100-Bushel Soybean Yield Averages On The Horizon?

Illinois farmer Ryan Myers has increased his 60-bushel-per-acre yield average to 70-plus-bushel averages in just three years. How? By focusing on the details from variety selection to in-season management.

Ferrie: Four Steps to Make Sure NH3 Applications Stay in the Ground
Ferrie: Four Steps to Make Sure NH3 Applications Stay in the Ground

Moisture availability is one of the biggies to check out, says Ken Ferrie. He also details some upcoming agronomic events, like his Beyond The Basics five-part webinar series and the virtual Corn & Soybean College.

Today’s Tipping Point Could Be The Pivotal Moment for Ag Retailers’ Future
Today’s Tipping Point Could Be The Pivotal Moment for Ag Retailers’ Future

“When the customer’s needs change, the service provided better evolve, otherwise run the risk of losing that customer to a competitor,” Ken Zuckerberg says.

Best Practice Do’s and Don’ts for Anhydrous Ammonia Applications
Best Practice Do’s and Don’ts for Anhydrous Ammonia Applications

Farmers applying NH3 can maximize their dollars and use of the product by not applying it until soil temperatures are no more than 50 degrees and trending lower, according to Iowa State University Extension.

Tips to Prevent Customer Loss, Theft and Unfair Competition
Tips to Prevent Customer Loss, Theft and Unfair Competition

What would you do if employees left and took your customer base with them? Take your pick of 25 strategies to avoid it.

Syngenta Group Names New CEO Starting January 2024
Syngenta Group Names New CEO Starting January 2024

Effective Jan. 1, 2024, Jeff Rowe will be CEO of Syngenta Group.

Corn Yield Checks In and Out of the Combine
Corn Yield Checks In and Out of the Combine

Ken Ferrie offers five practical agronomic tips you can use during harvest this fall. These practices can help you improve corn performance and yield outcomes across your farm.

Three Ways to Be a Successful Soybean Yield Sleuth 
Three Ways to Be a Successful Soybean Yield Sleuth 

If your combine monitor is showing a wide range of yields in the field, Ken Ferrie says to investigate. Evaluate soybean stand, pod set and bean size while there’s agronomic evidence.

Bayer And Corteva Sell 50%+ of the Corn, Soybean and Cotton Seed in the U.S.
Bayer And Corteva Sell 50%+ of the Corn, Soybean and Cotton Seed in the U.S.

USDA's latest insights show the two companies dominated U.S. retail seed sales for the three crops from 2018 through 2020. That is the most recent period for which market estimates are available.

Ken Ferrie: Scale Carts Are An Important Backup For Yield Monitors
Ken Ferrie: Scale Carts Are An Important Backup For Yield Monitors

A calibrated monitor usually does a good job of telling you where yield is changing in a field within a hybrid, but it may not tell you exactly how one hybrid is yielding against another.

Discipline in What Your Offer
Discipline in What Your Offer

Brad Oelmann, president of Farrell Growth Group, shares how farmer-customers fall into three segments based on what they need from their ag retailers.

Paul Neiffer
What is the Typical IRS Extension Relief for Natural Disasters

The IRS allows most taxpayers affected by disasters additional time to file and pay their taxes. We review some of those details.

Weather Events Weigh On Ag’s Bottom Line
Weather Events Weigh On Ag’s Bottom Line

As extreme weather events affect the profitability of agriculture, here are four areas to bring focus to the ripple effect.

2023 Farm Profits Dip From 2022 Levels
2023 Farm Profits Dip From 2022 Levels

USDA forecasts net farm income will decline $41.7 billion (22.8%) from last year’s record to $141.3 billion in 2023, though that’s up from its February outlook of $136.9 billion.

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Become a More Anticipatory Leader

“There are some things that we've adopted over the years that really aren't particularly useful and I think in some cases even detrimental to our performance,” says Dave Mitchell.

Syngenta Seeds, Sustainable Oils Announce Commercial Agreement to Sell Camelina Seed 
Syngenta Seeds, Sustainable Oils Announce Commercial Agreement to Sell Camelina Seed 

The oilseed crop offers farmers the opportunity to grow three crops in two years. It can be used for sustainable aviation fuel, renewable diesel and animal feed production.