2018 Farm Outlook

Page 8 2018 Logan County Farm Outlook Magazine LINCOLN DAILY NEWS Oct. 25, 2018 In 2012, 40 percent of the state agriculture gross receipts came from the sale of beef. Dairy production also played a large role in the state’s overall agricultural economics. Hay was listed as the largest crop, but was tied back directly to the production of livestock, and not so much for export nationally or internationally. With the livestock values declining and the state suffering drought conditions in recent years, it stands to reason that more range fed cattle are being fed grains to supplement their diet. Therefore, the increase in corn production in the state is not going to have a significant impact on grain stores in 2018. While increases were reported by the Corn Growers Association for the state of Oregon, that state doesn’t even list corn in its top 10 agricultural products. Oregon is noted for its production of cattle. Cattle and calves is listed as their number two in the top ten products list. According to Farm Flavor, Oregon producers market $701 million in cattle and calve revenues annually. Therefore, it seems that the impact that an increase in production of corn in that state would be insignificant in the world markets. While the National Corn Growers Association reported in March that Ohio farms would plant more acres to corn in 2018, a report by AgWeb in August of this year does not support that statement. According to a report published by the College of Food, Agriculture, and Environmental sciences at the Ohio State University, corn CONTINUED