The Press-Dispatch
Issue link: http://www.ifoldsflip.com/i/109082
The Press-Dispatch B-5 Wednesday, February 13, 2013 Agronomist: Extreme weather could hurt winter wheat crop By Amanda Gee Extreme changes in temperature Indiana has been experiencing are the biggest concern wheat producers have for the development of their crop this season, a Purdue Extension agronomist says. Temperatures in recent weeks have risen to between 50 and 60 degrees and then dropped to single digits. ���The cycling of cold to warm temperatures is a great recipe for freezing, thawing and winter heaving,��� Shaun Casteel said. Winter heaving occurs when moisture in the soil expands as it freezes and then contracts as the ice thaws. The soil gets pushed up and down, shoving young plants higher out of the ground and exposing roots. The plants��� lack of access to soil moisture and soil contact could result in stand loss, Casteel said. Another weather concern is that there has been little snow to protect wheat from extreme cold. ���A lot of wheat fields no longer have a blanket of snow for insulation, and they���re exposed to the cold weather,��� Casteel said. ���That���s going to cause some potential leaf burning.��� But beyond temperature fluctuations, he said farmers should expect a fairly normal growing season. Most wheat planted after corn will have good growth and tillering because there was extra nitrogen left in the ground from droughtstressed corn that couldn���t take up normal amounts of the nutrient, Casteel said. Nitrogen helps improve tiller numbers and yields. Wheat planted after soybean was aided by rainfall late last fall. Even with the extra nitrogen and late-fall rains, producers still need to inspect wheat fields in the spring. ���We���re at a point that here in a month or two we can start checking on wheat fields and assess what we have,��� Casteel said. If producers suspect their fields might have stand loss, they can begin to adjust the rate of nitrogen application. ���Farmers might be looking at a split application of nitrogen, some to help with the early green-up and tillering and some for the normal top dressing later,��� Casteel said. State health officials investigating Typhoid fever case at Purdue University State health officials announced today a positive case of typhoid fever in a food handler at Purdue University. Local health officials and Purdue University are working with the Indiana State Department of Health to investigate the case and assess the risk to the public. Anyone who ate at the Boiler Bistro, John Purdue Room, or the coffee shop, Lavazza, at Marriott Hall on the Purdue campus from Jan. 23 to Jan. 25, 2013, may be at risk. Health officials advise these individuals to see a healthcare provider right away if they start to experience symptoms such as a high fever (103�� to 104�� F), weakness, stomach pains, headache, nausea, vomiting, diarrhea, or loss of appetite. In some cases, a rash of flat, rose-colored spots may appear. Symptoms usually begin within 8-14 days after exposure, but could potentially appear for up to 30 days. ���Unfortunately, symptoms of typhoid fever can resemble other illnesses, so for those individuals who may have been exposed, it���s critical to see healthcare provider right away if you begin to experience symptoms,��� said State Health Commissioner William VanNess II, M.D. ���Be sure to tell your physician that you may have been exposed to typhoid fever.��� People are at risk of typhoid fever if they eat food or drink beverages that have been handled by someone who has Salmonella Typhi or if sewage contaminated with the bacteria gets into the water used for drinking Purdue Lambing School to focus on sheep and goat health By Jennifer Stewart The Purdue University Department of Animal Sciences and the Indiana Sheep Breeders Association on March 2 will again offer the Purdue Lambing School. The annual, daylong workshop runs from 9 a.m. to 3:30 p.m. at the Purdue Animal Sciences Research and Education Center Sheep Unit, 5675 W. 600 N. The school format will include informal questions and discussion. It is designed to help familiarize new, beginning and veteran sheep or goat producers with lambing or kidding procedures. This year���s program will cover critical phases of late gestation, lactation and newborn care. Topics are nutrition, reproduction, health considerations, lambing barn obstetrics and necessary management practices. Registration, due Feb. 22, is $35 per person and includes lunch. A maximum of 40 participants will be accepted. A workshop brochure and registration form can be downloaded at http://www. ansc.purdue.edu/events/ LambingSchool2013.pdf For more information contact Mike Neary, Purdue Extension small-ruminant specialist at 765-494-4849 or mneary@purdue.edu. German American Bancorp, Inc. reports record 2012 earnings German American Bancorp, Inc. (NASDAQ: GABC) reported record earnings for the year ended on December 31, 2012. This continued level of strong financial performance in 2012 follows upon a period of exceptional performance during the past five years, as the period of 2008-2012 represents the best five years in the Company���s history in terms of reported annual earnings. The Company���s return on average shareholder equity of 13.57 percent in 2012 also was a record, and represents the 8th consecutive year that German American has delivered double-digit returns on shareholders��� equity. The Company���s 2012 net income of $24.1 million, or $1.90 per share, was an increase of 18 percent, on a per share basis, over its previous record annual net income of $20.2 million, or $1.61 per share reported in 2011, and represented a 57 percent increase, on a per share basis, from the $13.4 million, or $1.21 per share, record earnings the Company reported in 2010. Fourth quarter earnings were $6.2 million, or $0.49 per share, an increase of approximately 11% from 2011 fourth quarter results of $5.6 million, or $0.44 per share. This 2012 record performance was attributable to both an increased level of net interest income, driven by a higher level of earning assets within both the Company���s loan portfolio and securities portfolio, and a reduced level of provision for loan loss, as the Company���s historic level of strong asset quality improved even further in 2012. The Company also announced an increase in the level of its regular quarterly cash dividend. German American���s Board of Directors declared a regular quarterly cash dividend of $0.15 per share which will be payable on February 20, 2013 to shareholders of record as of February 10, 2013. This level of regular quarterly cash divided rep- resents approximately a 7 percent increase above the Company���s prior quarterly cash dividend level. Additionally, the Company also announced that it will, effective April 1, 2013, redeem all $19.25 million of its outstanding 8 percent Redeemable Subordinated Debentures due 2019 at a redemption price of 100 percent of the outstanding principal amount plus accrued unpaid interest. The Debentures, which constitute supplemental regulatory capital for the Company, were issued in April 2009 as a precautionary measure in the face of the looming economic crisis. Given the Company���s strong financial performance throughout the economic downturn and the stabilization of the current economic environment, feature of the debenture issue, the Company���s Board of Directors determined this supplemental regulatory capital is no longer needed, and, therefore, elected to invoke the early redemption feature of the debenture issue. Mark A. Schroeder, German American Chairman and CEO, stated, ���This continuation of the trend of our Company���s exceptional financial performance in 2012 is truly a reflection of the skill of our team of financial professionals, the commitment of our client base to honor their financial obligations, and the economic strength within our market area of Southern Indiana. The achievement of this record level of performance over the course of the past five years during an extremely difficult economic period places German American among a very elite group of financial institutions nationwide, and has provided us with the financial wherewithal to prudently redeem the precautionary supplemental regulatory capital issued in 2009, and, most importantly, to increase the level of cash dividends paid to our shareholders.��� or washing food. Typhoid fever is more common in areas where hand washing is less frequent and water can be contaminated with sewage. The only way to know if an illness is typhoid fever is to have samples of stool or blood tested for the presence of Salmonella Typhi bacteria. If you suspect you have typhoid fever, do not prepare any food or drink for anyone or care for young children or hospitalized patients. Typhoid fever is a lifethreatening illness caused by the bacterium Salmonella Typhi. In the United States, approximately 400 cases of Typhoid fever occur each year with 75 percent of these acquired while traveling internationally. Typhoid fever is still common in the developing world, where it affects about 21.5 million persons each year. 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Even if symptoms disappear, people can still carry Salmonella Typhi, and the illness could return or could be passed on to other people. Typhoid fever can be successfully treated with appropriate antibiotics and persons given antibiotics usually begin to feel better within 19,993 $ $ 1,000 OverSa1 ings in v - $ 500 Customer Cash $1,000 In Market Program 30,998 Special $ Valentine���s Day Pricing !! 18,493 Special Valentine���s Day Pricing !! 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