Month: September 2008

Additions to 2008 Ohio Enterprise Budgets

Over the past year, we have been working diligently to bring you the most up-to-date Enterprise Budgets for livestock and crops. Since our last report, we have added four 2008 Enterprise Budgets to our library. These additions include:

•  Wholesale Sweet Corn – Conservation Tillage, Machine Harvested

•  Corn Silage – Large scale, Self-Propelled Machine Harvested

•  Corn Silage – Small scale, Pull-Behind Machine Harvested

•  Cow-Calf – Spring Calving

All of the Enterprise Budgets are available in Excel and PDF format on the OSU Farm Management Budget Website ( http://aede.osu.edu/Programs/FarmManagement/Budgets/ ) :

Crops

•  Corn – Conservation Tillage (NH3, UAN, and Urea Nitrogen sources)

•  Soybeans – Roundup Ready, No-till

•  Wheat – Conservation Tillage, (Grain and Straw)

•  Alfalfa Hay – Spring Seeding

•  Grass Hay – Large Bale System

•  Corn Silage – Large scale, Self-Propelled Machine Harvested

•  Corn Silage – Small scale, Pull-Behind Machine Harvested

•  Retail Sweet Corn – Conservation Tillage, Hand Harvested

•  Wholesale Sweet Corn – Conservation Tillage, Machine Harvested

•  Large-Scale Popcorn – Conservation Tillage

Livestock

•  Slaughter Steer – Days on Feed: 232 & Days on Feed: 250

•  Slaughter Yearling Steer – Days on Feed: 182 & Days on Feed: 190

•  Slaughter Heifer – Days on Feed 220

•  Cow-Calf – Spring Calving

•  Ewe and Lamb – Winter Lambing

•  Dairy Cow and Replacement – Large Breed

In addition to these budgets, we are working with Maurus Brown from OSU South Centers to complete projected 2009 small fruits budgets including French Hybrid Grapes, Blueberries, and Blackberries. We are also updating the 2008 field crop budgets using projected 2009 numbers which will be unveiled at the Farm Science Review. Following the Farm Science Review, we will work to create more specialty crop and livestock budgets for 2009 and update the above budgets using projected 2009 numbers.

September 16 Deadline for CAT and NAP

Current drought conditions, following excessive rains earlier in the year have created the condition that crop yields may fall below 50% of normal or that some counties may be declared disaster areas. Should the need arise for disaster assistance, the Food, Conservation and Energy Act of 2008 (2008 Farm Bill) has provisions but there are eligibility qualifications that must be in place. Disaster assistance is available through the following five programs:

•  Supplemental Revenue Assistance Program (SURE)

•  Livestock Incentive Program (LIP)

•  Livestock Forage Program (LFP)

•  Tree Assistance Program (TAP)

•  Emergency Livestock Assistance Program (ELAP)

The two main programs that might be useful to study for this year are the SURE and LFP. To be eligible to qualify, producers need to purchase Catastrophic Risk Protection (CAT) on all insurable crops and Non Insurable Assistance Program (NAP) for non insurable crops through Farm Services Agency (FSA) by September 16, 2008 on any crops currently not insured. There could be a payment for the 2008 crop year but to be eligible, you need to have all crops insured. Contact your local FSA office if you are interested in additional information. Since this program is not designed to replace crop insurance, the requirement to have all crops insured will remain in place to be eligible for future (2009-2012) disaster assistance payments. If these programs fit your needs and risk management strategies, don’t forget to purchase insurance on your 2009 wheat crop by September 30, 2008 to be eligible for payments in 2009.