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CornSouth CornSouth ONE GROWER PUBLISHING, LLC October/November 2014 A Supplement to Cotton Farming and The Peanut Grower Magazines Southern Production & Marketing Strategies Corn Hybrid Lineup For 2015

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CornS outhCornSouthONE GROWERPUBLISHING, LLC

October/November 2014

A Supplement to Cotton Farming and The Peanut Grower Magazines

Southern Production & Marketing Strategies

Corn Hybrid Lineup For 2015

CS Oct 14 Cover _CF 11/13 template 9/17/14 9:21 AM Page 1

Hi! Welcome to the

October/November issue

of Corn South. You may

have noticed a new face

pictured on this page.

That’s right. Corn Southhas a new editor.

For those of you who

do not know me, allow me

to introduce myself. My

name is Amanda Huber.

Besides Corn South, I am

also the editor of ThePeanut Grower and

Southeast editor of CottonFarming.

You might say that writing about Southern row crops is

what I am all about. After growing up on a farm and being

really into FFA in high school, I went to college at the

University of Florida and majored in Agronomy and

Agriculture Communications. What I do combines these two

subjects perfectly, and I have thoroughly enjoyed my career

choice.

I look forward to working on Corn South and bringing

you production and marketing strategies from a Southern

perspective. However, let me assure you that I do not plan to

make a lot of changes.

For instance, this edition has always been about the hybrid

lineup best suited for the Southern environment, and that’s

what you will find in this issue as well. It also includes mar-

ket reports from Mark Welch, Texas AgriLife Extension

economist, and Nathan Smith, University of Georgia

Extension economist.

If you are wondering about Carroll Smith, she will now be

concentrating on her duties with Rice Farming, SoybeanSouth and Cotton Farming as well as special projects for

One Grower Publishing. But as you can see from the cover

photo, she is still very much around to offer a photo from her

collection or a suggestion on content.

I hope you will feel free to send me any suggestions as

well, and I will look forward to working with you to make

Corn South a great source for production and marketing

information.

CS2 CORNSOUTH OCTOBER 2014

My passion? Southern row crops

If you have comments, send them to Corn South,1010 June Road, Suite 102, Memphis, Tenn., 38119.You may also call (800) 888-9784 or contact LiaGuthrie at [email protected] or AmandaHuber at [email protected].

Contents3 Market Outlook

Extension ag economists, Mark Welch and Nathan Smith, offer their thoughts on factors affecting the corn market.

Feature Story

4 Corn Hybrids

Seed companies offer their top corn hybrids and the characteris-tics that make these options best suited for Southern growingconditions for the 2015 season.

Cover photo by Carroll Smith.

CornSouthCornSouth

Amanda Huber

Editor

CS21014v4_CF 11/13 template 9/17/14 9:16 AM Page 2

CORNSOUTH OCTOBER/NOVEMBER 2014 CS3

Editor’s Note: Mark Welch is a Texas AgriLife Extension economist.Nathan Smith is an agriculture Extension economist with theUniversity of Georgia. The opinions and recommendations expressedare solely those of the authors and are intended for educational pur-poses only. The respective universities assume no liability for the useof this information.

The condition rating of the U.S. corn crop improved two

points last week on a one percentage point decrease in the

poor category and a one percent increase in the good. The

crop condition index stands at 385 compared to an average

index score at this time of year of 355.

Corn UseUpdated estimates of U.S. grain consuming animal units (GCAU)

show a record low percentage of the total for cattle and a record high

percentage for poultry. Total GCAUs for 2014 are estimated to be

only slightly higher than last year. Feed per GCAU is up 4.4 percent

or 173 pounds per GCAU, back up to levels last seen in 2004.

Ethanol production in the 2013/14 corn crop year is closing out up

10 percent from last year and 5 percent higher than the three-year

average. Exports in 2013/14 are on pace to reach the current 1.920

billion bushel target.

Outside MarketsSpeaking at the Federal Reserve Bank of Kansas City Economic

Symposium in Jackson Hole, Wyo., Aug. 22, Fed Chair Janet Yellen

said she was encouraged by the employment gains made by the U.S.

economy since the Great Recession, but recognizes that the labor

market is not yet fully recovered.

The U.S. economy grew at a faster pace in the second quarter than

first estimated, 4.2 percent instead of the previous 4.0 percent

increase. The gap between the civilian unemployment rate and the

overall unemployment rate has declined to 6 percent, down from the

post-recession average of 6.7 percent but well above the pre-reces-

sion difference of 3.9 percent.

Overall inflation levels remain moderate. The food category

showed the most increase in last month’s Consumer Price Index;

energy was down.

2014 Marketing PlanI am 60 percent priced on 2014 feed grain production. My market-

ing plan calls for pre-harvest pricing an additional 20 percent around

the time of the August crop report.

December corn has traded in a sideways pattern the last several

weeks with a short lived rally back to $3.80 only to fall back to about

$3.60. The market seems to be balancing good crop conditions and

strong early season yield reports against some question of acreage

and increased use estimates. I am ready to add to price protection on

a technical signal that the market is turning lower.

Nathan Smith: Southern Corn Production ShiftsLast year was a big year for corn in the South. Southern states

from Virginia down to Florida across to Louisiana and up to Missouri

produced a record corn crop with some states producing an all-time

high production and the rest producing the most bushels since at least

1985. The exception was Missouri, which had a larger crop in 2010.

The 11 states of Alabama, Arkansas, Florida, Georgia, Louisiana,

Mississippi, Missouri, North Carolina, South Carolina, Tennessee

and Virginia have averaged planting 8.5 million acres from 2007-

2014 representing 9.3 percent of total U.S. acreage. Corn plantings in

those states averaged 6.7 million acres during the previous eight-year

period of 1999-2006. Comparing the two time periods, southern corn

states averaged 2.6 billion more bushels during 2007-2014 than 1999

to 2006.

Acreage Ups And DownsEvery state but Alabama, up 6.3 percent, and Missouri, up 4.5 per-

cent, decreased corn plantings in 2014. The largest drop in acres were

in the following states: Arkansas (-34%), Florida (-26%), Georgia (-

25%), Louisiana (-38%), and Mississippi (-37%). The eastern states

of North Carolina (-7.5%), South Carolina (-16%), Tennessee (-1%)

and Virginia (-2%) reduced corn acreage in response to lower prices

reflecting more stable acreage over time.

Yield ProjectionsYields across the South look good overall for 2014 based on

USDA projections, while Missouri expects a record yield increase of

25 percent over last year. With harvest underway in the South, a

record U.S. yield is projected at almost 172 bushels per acre. If real-

ized, it would be a record total production of 14.4 billion bushels

based on 91.2 million planted acres.

Corn UsageTotal use of corn is expected to equal the previous crop marketing

year at 13.6 billion bushels. Ethanol and by-products use is flat at

5.125 billion bushels. Exports are down 200 million bushels; there-

fore, domestic feed and food use will have to increase to make up the

difference. Prices received by farmers are expected to average the

lowest since 2007, between $3.20 and $3.80 per bushel.

Market OptionsFarmers will likely store and wait for higher prices. The low prices

should spur some increased demand but it will take a while for it to

materialize since the domestic food and feed sectors don’t traditional-

ly adjust quickly. The trend of decreased acres is likely to continue

next year for the South. CS

Market OutlookWill A Record Harvest Be Realized?

Market Overview■ Cattle remain at a record low, while poultry are a record high. ■ Ethanol use and export markets show little increase and are

mostly flat.■ A record U.S. crop will likely depress prices further.■ An acreage decrease is expected in the Southern U.S. in 2015.

P O I N T E R S

3mktCS1014v4_CF 11/13 template 9/17/14 9:10 AM Page 3

CS4 CORNSOUTH OCTOBER/NOVEMBER 2014

RL6991HB (106 RM)

• Good standability throughout the season with superb roots

• Great drought tolerance combined with excellent heat tolerance

• Herculex I Insect Protection with impressive yield potential

• Great early option for South with two years of performance history

R7844 (110 RM)

• Adapted to both high yield and high stress conditions

• Very good Greensnap resistance and good Goss’s wilt resistance

• Wide area of adaptation; start harvesting sooner

RL8537YHB (113 RM)

• Optimum Intrasect insect protection

• Very upright, healthy plant style

• Very good roots and healthy canopy in the fall

• Early corn with dryland suitability and drought tolerance

This section reflects a partial listing of cornhybrids suited for the

Southern growing region.For additional offerings,

contact your local seed representative.

AgVenture MidsouthDulaney Seed

Corn HybridsCorn HybridsSouthern Lineup For 2015

CS4-81014v8_CF 11/13 template 9/19/14 3:35 PM Page 4

CORNSOUTH OCTOBER/NOVEMBER 2014 CS5

RL8899YHB (115 RM)

• Optimum Intrasect insect protection

• Big, robust plant type with very large ear

size potential

• Herculex I trait with corn borer protection

and dual herbicide

• Impressive high yield potential hybrid with

staygreen

• Good GLS and NCLB disease resistance

• Also available in R8899 Refuge

RL9256HB (117 RM)

• Herculex I trait package

• Elite Southern genetics with very high

multi-year performance

• Medium tall flex ear hybrid

• Excellent stalk and root strength

• Great response to high yield management

on good ground

• Withstands high heat and drought stress

very well

• Also available in R9256 Refuge

RL9583YHB (118 RM)

• Optimum Intrasect insect protection

• Unique, Southern genetics with very high

quality grain and yield

• Open husk ears with hard, orange tint grain

• Very good overall leaf disease resistance

and excellent staygreen

• Very good GLS tolerance and overall plant

health

• Moderate plant stature with great stalks and

greensnap tolerance

• Also available in R9583 Refuge

RL9633YHB (119 RM)

• Optimum Intrasect insect protection

• Good leaf disease resistance, very good

staygreen

• Excellent heat tolerance and good drought

tolerance

• Strong stalk and root strength for very good

standability

RL9795HB (121 RM)

• Herculex I trait package

• Outstanding GLS and overall leaf disease

tolerance

• Very high yield potential on good soils with

irrigation

• Tall plants with excellent late-season stay

green and intactness

• Moderate flex ears with quality grain and

complete husk coverage

• Also available in R9795 Refuge

RL9801YHB (120 RM)

• Best yield potential under irrigation and

high management

• New genetics with Optimum Intrasect

insect protection

• Tall plant type can be used as a silage

option

• Well adapted to Deep South growing con-

ditions

RL9858HB (120 RM)

• Herculex I trait package

• Outstanding multi-year full season perfor-

mance results

• Deep South genetics designed to withstand

heat stress

• Huge ear size potential with large kernels;

good test weight

• Tall plants with outstanding tonnage and

quality for silage

• Also available in R9858 Refuge

(662) 627-7060dulaneyseed.com

S E E F O R Y O U R S E L F.

SOME SAY IT. WE DO IT.Dulaney Seed helps you take yields higher through the powerful Maximum Profit System. With the help of an AgVenture Yield Specialist, you’ll select AgVenture corn seed with high genetic potential, develop a high-yielding cropping plan and apply proven strategies to gain bushels and max out profits.

“ My AgVenture Yield Specialist knows my farm and he knows my ground. He also knows my management practices, so he helps me plan accordingly. The relationship never stops. It’s a year-round process. It’s one of those relationships in business I couldn’t do without.”

–Jackson Webb, Sumner, MS

Call Dulaney Seed today to speak with an AgVenture Yield Specialist about taking your yields higher.

Photo by Aubrey Falls Photography

CS4-81014v8_CF 11/13 template 9/19/14 3:36 PM Page 5

28R10

• Tall plants with very good ear flex suitable

for all single-row widths

• Prostrate lower canopy with semi-erect

upper canopy

• Performs in high-yield environments and

outstanding coastal adaptation

26BHR50

• Outstanding test weight and kernel density

on medium-tall plant with medium ear

height

• Good ear flex with excellent foliar disease

package

• High performance potential product with

stress tolerance

28HR20

• Tall plant with very good ear flex

• Prostrate lower canopy with semi-erect

upper canopy

• Outstanding coastal adaptation and per-

forms in high yield environments

28R30

• Consistent sized semi-flex ear with very

good grain quality

• Large canopy for single-wide row adapta-

tion

• Good for silage potential

24BHR93

• Exceptional yield potential over wide area

• Taller plant type with excellent stalks and

roots, average brittle snap

• Unique in lineup in regards to yield poten-

tial and maturity

22BHR43

• Best suited for moderately productive envi-

ronments

• Medium-tall plant with very good stalks

and roots

• Very good Southern movement for matur-

ity and very good drought tolerance

27BHR52

• Excellent all-around performance in Mid-

South

• Moves South well in high production envi-

ronments

• Girthy ear with good test weight and

above-average emergence in cooler soils

DKC62-08

• Offensive product with exceptional top-end

yield potential

• Very good stalks and roots

• Very good drought tolerance

• Very good drydown and test weight

DKC64-87

• Very high top-end yield potential

• Broad adaptability east to west

• Good Goss’ Wilt tolerance

• Very good standability and greensnap toler-

ance

DKC64-89

• New level of yield potential

• Good Goss’ Wilt tolerance and drought

tolerance

• Very high top-end yield potential

• Broad adaptability east to west

• Very good standability and greensnap

tolerance

DKC65-20

• A 115 RM corn with very good agronomics

• Well adapted across irrigated and rainfed

systems

• Excellent stalks and very good roots

• Very good staygreen and intactness

• Very good drought tolerance

DKC65-71 (115 RM)

• A widely adaptable product with high yield

potential

• Very good overall stress tolerance but

responds well to irrigation

• Good ear rot package

• Very girthy ears that maintain nice kernel

depth under stress

DKC66-40 (115RM)

• Very good top-end yield potential

• Broadly adaptable in Coastal geographies

• Very good drought tolerance

• Dual-purpose potential

DKC66-87

• A highly adaptable product in 115 and 120

RM zones

• Very good roots and stalks

• Excellent greensnap tolerance

• Very good staygreen and late season

appearance

• Very good drought tolerance

• N59B Artesian (107 RM)

• Exceptional drought tolerance from

Agrisure Artesian technology

• Maximizes yield when it rains; increases

yield when it doesn’t

• Top-end yield potential makes this a great

choice for highly managed acres

• Strong emergence and seedling vigor

allows for early planting

N74L (114 RM)

• Sound agronomics for stability

• Solid emergence to start strong

• Very good drought tolerance to protect

yield

• Moderate ear height and strong green snap

tolerance

• Available as E-Z Refuge

N78C (118 RM)

• Tough hybrid for lower-yield environments

• Very good early season establishment char-

acteristics

• Strong drought and heat tolerance

• Full flex ear type for low population envi-

ronments

2Y744 (113 RM)

• Roundup Ready hybrid with excellent

emergence and early vigor

• Solid stalks, excellent roots and large flex

ear for top-end yields

• Good performance on highly managed

acres and in favorable environments

CS6 CORNSOUTH OCTOBER/NOVEMBER 2014

Visit The Web For More Info On Southern Corn Hybrids■ AgVenture Midsouth: agventuremidsouth.com■ AgVenture East Tennessee/North Carolina: sweetwatercreekseeds.com■ Terral Seed: www.terralseed.com■ DEKALB: asgrowanddekalb.com■ Mycogen Seeds: mycogen.com■ NK Seeds: syngentaseeds.com■ Pioneer: pioneer.com

P O I N T E R S

NK Seeds

DEKALB

Mycogen Seeds

Terral Seed

CS4-81014v8_CF 11/13 template 9/19/14 3:36 PM Page 6

2H877 (117 RM)

• SmartStax hybrid broadly adapted to the Mid-South

• Good late-season intactness and staygreen

• Consistent in both high-yield and stressful environments

2D848 (118 RM)

• SmartStax hybrid with good late-season intactness and staygreen

• Good yield performer in loam soil types, following soybeans, and in

conventional and no-till systems

P2089YHR (120 CRM)

• Impressive full-season, widely adapted, winning yield potential and

good stability

• Very good stalks, excellent staygreen and strong mid-season brittle

stalk resistance

• Exceptional ear flexability expands population options across soil

types

• An Optimum Intrasect hybrid with 20 percent refuge

• Also available: Pioneer hybrid P2088R

P2023BVT (120 CRM)

• Full-season, heat-tolerant option with high yield potential for well-

watered environments

• Moderate stature with competitive stalks, superior roots

• Above average mid-season brittle stalk resistance

• Good southern leaf blight resistance

• Expanded insect spectrum option with 20 percent reduced refuge

P1739YHR (117 CRM)

• Full-season, maximum yield potential option across the Delta and

Mid-South

• Above average grain quality

• Suited for the silt loam soil where stand establishment is critical

• An Optimum Intrasect hybrid with 20 percent refuge, excellent stalk

strength and moderate grain quality

• Also available: Pioneer hybrid P1739R

P1794VYHR (117 CRM)

• New, full-season Optimum Leptra hybrid well suited for high-yield

irrigated environments

• Offers above average root strength and good northern leaf blight

resistance

• Expanded insect protection with 20 percent reduced refuge

P1637VYHR (116 CRM)

• New, full-season Optimum Leptra hybrid with proven yield stability

• Outstanding performance on sandy, pivot-irrigated fields

• Good foliar leaf disease package

• Good stalks, superior roots and above average grain quality

• Expanded insect protection with 20 percent reduced refuge.

CORNSOUTH OCTOBER/NOVEMBER 2014 CS7

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CS4-81014v8_CF 11/13 template 9/19/14 3:37 PM Page 7

CS8 CORNSOUTH OCTOBER/NOVEMBER 2014

• Also available: Pioneer hybrids P1637R

and P1637YHR

P1685YHR (116 CRM)

• Established mid-maturity option for maxi-

mum and moderate yield environments

• An Optimum Intrasect hybrid with 20 per-

cent refuge, solid root and moderate stalk

strength

• Performs well on the wet-natured rice soils

and the loamy sands

• Average tolerance to northern leaf blight

P1690YHR (116 CRM)

• Mid-maturity, widely adapted hybrid for

moderate and high yields

• Suited for pivot-irrigated situations on

coarse-textured Delta soils

• Above average rating for stalks and roots;

moderate plant and ear height

• An Optimum Intrasect hybrid with 20 per-

cent refuge

• Also available: Pioneer hybrid P1690R

P1498YHR (114 CRM)

• Optimum AQUAmax hybrid for low and

moderate yield environments

• Improved drought tolerance during flower-

ing and grain fill

• Fits stress areas and limited irrigation envi-

ronments

• Fast early growth and early flowering for

maturity

• An Optimum Intrasect hybrid with 20 per-

cent refuge

• Also available: Pioneer hybrid P1498R

P1319HR (113 CRM)

• Early to mid-maturity Southern leader with

stable yield potential

• Suited for medium-to-good soils under dry

land management or lighter irrigated soils

• Very good ear flex ability allows moderate

populations for drought-prone soils and

moderately high populations in productive

environments

• Solid root strength in tall statured product

• Also available: Pioneer hybrid P1319R

P1303HR (113 CRM)

• Strong agronomics featuring good northern

leaf blight resistance

• Excellent grain quality option with very

high test weight, good Fusarium ear rot

resistance and above average heat and

drought tolerance

• Ideally suited for placement under irriga-

tion and productive dryland situations in

eastern coastal plains

• Limit areas prone to mid-season brittle

stalk CS

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