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ALBERTA CORN AND SOYBEAN PRODUCTION
Gary Csöff Technology Development Representative Jan 20th, 2015
Technology Development Insider
Overview
Corn Production and Challenges
Soybean Production and Challenges
Crystal Ball of the future
Communication
Alberta Corn Production • New Era • Broader area • 110 bu/acre • Irrigation? • Excitement with price • Agronomy 101.5 • 2014 story
Sept 8th, 2014
Corn? In Alberta!? • New Crop • Insurance? • Fear • Local demand • Rotation diversity • 40,000+ acres
Source: AARD, “The Potential for Grain Corn in Alberta”, 2014
ddWestern Canada Corn Heat Map
26 Million Acres 300 – 600k acres of Corn 600k to 1.3M acres of Soybean
8-10 Million Acres of Corn 6-8 Million Acres of Soybeans
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The North Dakota Example: Corn Displaces Wheat when Corn Yield Reaches the 110 bu/acre Threshold
Crop Acre Change (1996 to 2012)
Corn 2.8 M
Canola 1.2 M
Soybean 3.9 M
Crop Acre Change (1996 to 2012)
Wheat 4.8 M
Barley 1.6 M
Sunflowers 0.3 M
Irrigation • 500-550mm required • 1.68 million irrigated acres • Intensive management • End use • Trial work • Shift to scheduling
Pricing Excitement
Source: www.nasdaq.com
Corn Agronomy 101.5 • Yield potential starts before planting • Tillage types • Variable rate seeders • Populations • Fertility and placement • Manure management • Row spacing • Weed control critical • End use will change most factors • Google and Ask
2014 – Mixed Emotions • Late seeding • Cool and wet June • Hot and dry July and August • Spotty hail • Less Goss’ Wilt • Less ECB • Early Frost • 70-160 bu/acre
Corn challenges • Heat • Cold • Moisture • Equipment • Marketing • Local knowledge and familiarity • Rotation Concerns • Economics
Alberta Soybean Production • Newer Era • Seeding • Inoculation & Fertility • Weed control • Irrigation? • Markets
Alberta, Soybeans? • Limited acres • Economic pressure • Rotation attraction • Something new • Equipment • Boundaries of failure
Seeding Rates • “Optimal”
Optimal Final Stand
10
20
30
40
50
60
70
80
90
50000 100000 150000 200000 250000
16
Yiel
d (b
u/ac
)
Source: 2014 Monsanto Canada small-plot trials (n=3). Assumption: soybean price = $10
Harvest Population
Optimal = 170,000
Seeding Rates • Optimal • Pod Height
Pod Height
00.5
11.5
22.5
33.5
44.5
5
50000 100000 150000 200000 250000
22-60RY23-10RY23-11RY23-60RY24-11RY
Heig
ht (i
nche
s)
Source: 2014 Monsanto Canada small-plot trials (n=3).
Harvest Population
Seeding Rates • Optimal • Pod Height • White Mould watch out • Canopy Closure
Canopy Rating
0
0.5
1
1.5
2
2.5
3
3.5
4
50000 100000 150000 200000 250000
22-60RY23-10RY23-11RY23-60RY24-11RY
20
Cano
py R
atin
g (1
is b
est)
Source: 2014 Monsanto Canada small-plot trials (n=3).
Harvest Population
Seeding • Optimal rates • Pod Height • White Mould watch out • Canopy closure • Planter vs. Seeder • Soil Temperature and timing
“The First 48” • First hours critical • Flowers June 22nd • Time of day • ¾ to 1½ inches • Seed to soil contact • Light tillage? • 8-10 Celcius
Inoculation and Fertility • “Double inoculate” • Maintain P levels • Supplemental N • Dig it up’ • Soil samples
Weed Control • Start clean, Stay clean • Primarily RR • Pre-emergent Products • In crop options • RR2Xtend soybeans
Irrigation or Dryland? • Trials underway • Benefit to irrigation • Disease management • Economics • Battle with Nature
Marketing • New market • Crush facilities • Rail congestion • Time advantage to Port • Feed value
Source: www.nasdaq.com
The Future • Micromanagement! • Climate Corp • Xtend Soybeans • Better WUE hybrids • Shorter Season hybrids • RNAi (BioDirect) • Monsanto BioAg • Integrated Farming Systems
Farming's Future: Online?
Communication • Success in collaboration • What worked and didn’t? • DEKALB.CA • RRWMS.CA • Ag PhD app • DEKALB app • Weed ID app • Etc……
Monsanto Company is a member of Excellence Through Stewardship® (ETS). Monsanto products are commercialized in accordance with ETS Product Launch Stewardship Guidance, and
in compliance with Monsanto’s Policy for Commercialization of Biotechnology-Derived Plant Products in Commodity Crops. This product has been approved for import into key export markets with functioning regulatory systems. Any crop or material produced from this product can only be exported to, or used, processed or sold in countries where all necessary regulatory approvals have been granted. It is a violation of national and international law to move material containing biotech traits across boundaries into nations where import is not permitted. Growers should talk to their grain handler or product purchaser to confirm their buying position for this product. Excellence Through Stewardship® is a registered trademark of Excellence Through Stewardship. ALWAYS READ AND FOLLOW PESTICIDE LABEL DIRECTIONS. Individual results may vary, and performance may vary from location to location and from year to year. This result may not be an indicator of results you may obtain as local growing, soil and weather conditions may vary. Growers should evaluate data from multiple locations and years whenever possible. Roundup Ready® crops contain genes that confer tolerance to glyphosate, the active ingredient in Roundup® brand agricultural herbicides. Roundup® brand agricultural herbicides will kill crops that are not tolerant to glyphosate. Acceleron® seed treatment technology for soybeans (fungicides and insecticide) is a combination of four separate individually registered products, which together contain the active ingredients fluxapyroxad, pyraclostrobin, metalaxyl and imidacloprid. Acceleron® seed treatment technology for corn (fungicides and insecticide) is a combination of four separate individually-registered products, which together contain the active ingredients metalaxyl, trifloxystrobin, ipconazole, and clothianidin. Acceleron and Design®, Acceleron®, DEKALB and Design®, DEKALB®, Genuity and Design®, Genuity®, Roundup Ready 2 Yield®, Roundup Ready® and Roundup® are registered trademarks of Monsanto Technology LLC, Monsanto Canada, Inc. licensee. Cruiser Maxx® is a registered trademark of a Syngenta group company. All other trademarks are the property of their respective owners. Roundup Ready® is a registered trademark of Monsanto Technology LLC, Monsanto Canada, Inc. licensee. ©2014 Monsanto Canada Inc.
Certain statements contained in this presentation are "forward-looking statements," such as statements concerning the company's anticipated financial results, current and future
product performance, regulatory approvals, business and financial plans and other non-historical facts. These statements are based on current expectations and currently available information. However, since these statements are based on factors that involve risks and uncertainties, the company's actual performance and results may differ materially from those described or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, among others: continued competition in seeds, traits and agricultural chemicals; the company's exposure to various contingencies, including those related to intellectual property protection, regulatory compliance and the speed with which approvals are received, and public acceptance of biotechnology products; the success of the company's research and development activities; the outcomes of major lawsuits and the previously-announced SEC investigation; developments related to foreign currencies and economies; successful operation of recent acquisitions; fluctuations in commodity prices; compliance with regulations affecting our manufacturing; the accuracy of the company's estimates related to distribution inventory levels; the recent increases in and expected higher levels of indebtedness; the company's ability to obtain payment for the products that it sells; the effect of weather conditions, natural disasters and accidents on the agriculture business or the company's facilities; and other risks and factors detailed in the company's most recent periodic report to the SEC. Undue reliance should not be placed on these forward-looking statements, which are current only as of the date of this presentation. The company disclaims any current intention or obligation to update any forward-looking statements or any of the factors that may affect actual results.
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