by Gary Truitt – December 16th, 2008
A true sign of the holidays is the arrival of the Indiana/Illinois farm Equipment show. For the past 30 years the show has been a place where Hoosier growers get their first look at the new technology for the growing season. The show this year is a sell-out, a reflection of the strength of the farm economy.
A rare sight is an empty booth space. The trade show is filled with equipment and the crowds are good.
Free HAT Seminars
Indiana farmers are facing serious production, marketing, and credit issues as they prepare for the 2009 growing season. To help with the critical decisions that they will need to make in the next few months, Hoosier Ag Today will present a series of free seminars at the Indiana-Illinois Farm Equipment and Outdoor Power Equipment Show. The show will be held December 16-18 in the West Pavilion of the Indiana State Fairgrounds in Indianapolis. The seminars will begin at 11 AM each day of the show in the seminar area on the west side of the trade show floor. The programs will be hosted by Gary Truitt and Andy Eubank, farm broadcasters with Hoosier Ag Today.
Productivity will be the focus of the Tuesday, December 16, program. Experts from Beck’s Hybrids and Monsanto will present the latest information on corn and soybean yields. Denny Cobb, agronomist with Beck’s Hybrids of Atlanta, IN, will discuss how Beck’s achieved over 360 bushels per acre in a corn research program in 2008. David Isenhour from Monsanto will present information on the Roundup Ready 2 Yield technology that will be available to Indiana soybean growers for the first time in 2009. This technological breakthrough will increase soybean yields by 7 to 11%, according to company officials.
The Wednesday, December 17, seminar will cover the current credit outlook for farmers and the popular Purdue market outlook. Vince Bailey from Farm Credit Services will discuss the current credit situation in the agricultural industry as well as offer tips on risk management for the upcoming season. Purdue economist Dr. Chris Hurt will then present his market outlook program. This presentation will Examine possible price levels and marketing recommendation for the 2008 and 2009 crops.
On Thursday, December 18, seminar attendees will get a hands-on approach to using the futures market to minimize their risk and maximize their profit. Jim Riley, with Riley Trading of Brookston, IN,. will discuss strategies that growers can use both the crop they just harvested as well as pricing the crop they will plant next spring. A representative from E Hedger in Chicago will also be on hand to present tips on hedging and other strategies for the coming year.
The Show is a Sell Out
As the Indiana-Illinois Farm Equipment Show opens today at the Indiana State Fairgrounds it marks thirty years running for the show in Indianapolis. The show had its first twelve years at the convention center and has been at the fairgrounds since. Farm Show manager Dick Sherman tells Hoosier Ag Today, this year, as with all the others, exhibits will go from the smallest to the very largest. “You have Deere and you have Case, and you have all the major short liners, and they bring all the equipment in. What I’ve always liked about this particular show, and why it’s, in my opinion, better than some of the other farm shows, is the equipment is here. So many of the shows where they don’t have the size of the building that we have, the short liner people will take a small booth and give you literature. Here they bring in the equipment, so we have it all here.”
Sherman says farmers can tailor their visit exactly to their own liking. “It’s a good day for the farmer to come here. He can spend a good four or five hours. He see about everything he’s looking for. There’s no high pressure at this show, either. He gets the information he wants. If he wants to make a deal, he makes a deal. If he just wants information he gets that and if he just wants to be left alone and wander around and crawl under the equipment and crawl on top of it, it’s here to do.”
Come See Us At The Show