Ag Lenders Seminar
You are invited to attend the Agricultural Lenders Seminar to be held in Maryville, 3:30p.m. to 6:30 p.m., Wednesday, December 18, 2013, at the Nodaway County Administration Center, 403 N. Market, Maryville, MO
This seminar will focus on key issues affecting your agricultural lending decisions. No one has all the answers, but this seminar presents an opportunity to discuss and learn about current trends. Commodity prices, government policies, the changing structure of agriculture, environmental concerns, and international trade all affect the success of your clients. Like many facets of business, farm finance is becoming more complex and evaluating farm loan requests requires increased knowledge.
Scott Brown, Agricultural Economist from the University of Missouri, will discuss commodity outlook and emerging issues.
The registration fee of $20 includes seminar book. The seminar book contains current articles by MU faculty on agricultural outlook, management, and budgets for planning next year’s farm operations.
To register for the seminar, fill in the Registration Form and email it to email@example.com or send to Nodaway County Extension, Ag Lenders Seminar, 403 N. Market, Room 308, Maryville, MO 64468 or call Randa Doty at 660-582-8101. Credit card payments can also be made at the extension office prior to the meeting. Please RSVP by December 13, 2013.
By Janet Hackert, Nutrition and Health Education Specialist
Turkey Time - How Much Will I Need?
- For cooking a whole turkey, plan on 1 pound of turkey for each person who will share your table
For a turkey breast, plan on ¾ pounds of turkey for each person
For a boneless turkey breast, plan on ½ pound of turkey for each person
Planning ahead – Thawing a Turkey
How do I thaw a turkey and for how long?
Best method: Place frozen turkey in a pan in the bottom of the refrigerator. Leave about 24 hours per 5 pounds of turkey or follow the chart below.
8-12 pounds 1-2 days in fridge
12-16 pounds 2-3 days in fridge
16-20 pounds 3-4 days in fridge
20-24 pounds 4-5 days in fridge
Also safe: If you forget to thaw that bird ahead of time, there’s another safe method that’s faster. Thaw in cold water. Be sure to change for colder water every half hour to keep the turkey safe! Leave about 30 minutes per pound of turkey.
NEVER safe: Never leave raw meat on a counter to thaw. While it is thawing it enters the Food Safety Danger Zone and any small amount of contamination can become a huge, dangerous amount in short notice!
Turkey Safety: Turkey keeps in the freezer at 0 degrees or colder for up to a year. In the refrigerator though, it’s only safe to keep a fresh or thawed turkey 1-2 days!
Cooking A Turkey
Ever planned on eating Thanksgiving Dinner at 1 p.m. and end up eating it at suppertime instead? Cooking a turkey can take a while.
Start with a turkey that is fully thawed and an oven preheated to 325°F.
Put turkey in a roasting pan with sides 2-2 ½ inches deep, breast side up.
Put about a half cup of water in the bottom of the pan.
Use this chart to help you figure out how long you’ll need to cook your turkey.
Let cooked bird stand 20 minutes before carving.
Cooking A Whole, Unstuffed Turkey
||3-3 3/4 hours
3 3/4 - 4 1/4 hours
||4 1/4 - 4 1/2 hours
For more information, contact Janet Hackert at the Harrison County Extension Center, 660-425-6434 or call the USDA Meat and Poultry Hotline,1-800-535-4555 or 1-888– MPHotline (1-888-674-6854)
A Farm Woman's Involvement in the Farm: Women in Boots
By Randa Doty, Agriculture Business Specialist
Farm women take on many roles on the family farm. She may be the caretaker of the children. She may work off the farm and not have an interest in the daily operation of the farm. She may be the principle operator, or could operate the farm in partnership with her husband. A woman’s role on the farm is not the same from one operation to another. The only similarity between every farm woman is that she needs to be aware and educated about operating the family farm.
A farm woman is tied tightly to the farming operation, whether she is a daily partner or not. Farm families depend on the farm as a source of income and a way of life. There are often misconceptions that if a family member does not work on the farm then they do not need to know anything about it. That is wrong. If something happens to the primary farm operator, the operation will still need to be managed and possibly be distributed to heirs. Crops will still need to be tended, harvested and marketed. Livestock will need to be fed, cared for, and marketed. Also, if the operation is involved in any leases, those lease terms will still need to be honored.
Estate planning is often ignored because we all have a sense of “my partner will always be here.” The reality is that anything can happen when you least expect it, whether you are young or old. The state has a probate law that distributes property if one of the farm partners passes away. What happens if the state’s plan is not what you want? Every farm family should have a plan on how their farm and property will be distributed in the case of a death. There are many ways that property can be passed on to the next generation, but it takes time and planning to properly do this. It is important to consult a good attorney, financial counselors, and any other advisors that you trust in this process.
Another thing to consider is crop insurance. Crop insurance is confusing, but it is an important part of operating a farm. There are many types of crop insurance and the rules seem to be changing every year. It is important that those involved in the operation know where the policies are filed and learn about the type of coverage your operation purchases and why. It would also be helpful to develop a relationship with the operation’s insurance representative and to be involved in the conversations when decisions are made about what type to purchase.
University of Missouri Extension offers several programs throughout the year that target farm women to help them become better business partners on the farm. Agriculture Business Specialists have been offering a program called Annie’s Project across the state for several years. There have been hundreds of graduates that are now better able to help make decisions on the farm because of this program.
To find more about this program or the Annie’s Project program contact Randa Doty at 660-582-8101 or email Randa at firstname.lastname@example.org.
Cash Renting Farm Land
Cash renting farm land continues to be a popular choice among land owners who want to eliminate the risk of agriculture commodities on the land. Other rental agreements may include crop-share or a combination of cash rent and crop-share. In a cash renting agreement the tenant pays a fixed amount to the landowner in exchange for the use of the land and any improvements to the land. With a cash rental agreement the tenant is free to make management decisions and receives all the profits. However, the renter assumes all the risk of production and must endure all the capitol expenses on the farm. Cash renting can benefit the land owner by assuring them a fixed income on the farm and has no worries about price risk and the uncertainty of yields.
The University of Missouri just released the results of their most recent cash rent survey in the 2011 Cash Rental Rates in Missouri. These rates were compiled using the survey responses of 226 Missourians who are involved with cash renting farm land. Every rent situation is different so this guide should be used as a reference in addition to considering other factors in your area, including: average yield, soil types, the number of acres available for rent in the area and the demand of rental land. The guide includes rates of crop and pasture land by acre, crop land by yield, pasture by stocking rate, and rates for farm buildings.
For more detailed information or a copy of MU Extension publication G427, 2011 Cash Rental Rates in Missouri visit your local MU Extension office.
Flood resources at your fingertips
Get research-based information to help you recover. MU Extension's Floods site has the tools you need. Find help locally with the NW Missouri Flood Response and Recovery Contacts (PDF). For flood recovery information check out the Extension Missouri Flood Facebook Page. http://Facebook.com/MoFloodInfo
Trees add value to your landscape
Trees can provide your home with shade, wind protection and visual appeal. They can reduce energy costs, provide recreation for children and habitat for wildlife.
Newly planted trees need special attention, and not all trees are suitable for all conditions. MU Extension’s horticulture experts have developed a series of publications to help you choose the right tree and get it established.
MU Extension publication G6800, Selecting Landscape Plants: Shade Trees
MU Extension publication G6805, Selecting Landscape Plants: Flowering Trees
MU Extension publication G6810, Selecting Landscape Plants: Uncommon Trees for Specimen Plantings
MU Extension publication G6815, Selecting Landscape Plants: Needled Evergreens
MU Extension publication G6820, Selecting Landscape Plants: Broad-leaved Evergreens
MU Extension publication G6850, How to Plant a Tree