C2-LancasterFarming, Saturday, December 14, 2002 Garst Announces Soybean Varieties SLATER, lowa Soybean Product Manager Scott Hart an nounced that Garst Seed Com pany will deliver 18 new soybean varieties to Garst’s ex tensive soybean lineup and two new varieties to the PSA-brand lineup for the 2003 crop year. The new products offer ex tended solutions to growers’ needs along with added per formance and value. “Our current product lineup looks exceptional this year,” Hart said. “The reports from the field have been fantastic, and demand for this coming season looks strong.” The lineup of new products boasts a variety of benefits. Many of the new varieties are re sistant to Phytophthora Root Rot. and of the 20 new products, all but two arc Roundup Ready * varieties. This herbicide resist ance allows growers to take ad vantage of increased crop protection possibilities with this technology. “Many of the Roundup Ready® cyst varieties in lowa, Minnesota and South Dakota are showing some great Iron De ficiency Chlorosis tolerance,” Hart said. Also added to the lineup are four new varieties following in "The Dozen” tradition. The Dozen soybean products offer both the Roundup Ready® tech nology and Soybean Cyst Nema tode (SCN) protection that create a superior product for SCN-infected soils. For more SCN resistance Garst has come out with two ad ditional Roundup Ready®, SCN soybean varieties that are stacked with PlBB7BB and Hartwig backgrounds. The new varieties perform best in soils with a history of severe SCN in festations. Group 00-11 Products 0601 RR Awesome Defen sive Package with Yield Mid- Group 1 (0.6). • Excellent tolerance to high pH soils over 8 • Superior tolerance to CCE levels over 10 percent • Rpslk resistance to Phyto phthora Root Rot • Yellow Hilum. 0707 RR High Yield, Widely Adapted to Geography and Row Widths Mid-Group 0 (0.7) • Good height with stress tol erance for western areas • Adapts to all soil types, in cluding heavy soils with Phyto phthora Root Rot • Yellow Hilum 1304 RR Equipped to Per form from High-Yield Environ ments to the Toughest Field Conditions Early-Group 1 (1.3) • Features high tolerance to Iron Deficiency Chlorosis • Rpslk protection for earlier planting and Phytophthora Root Rot • BuffHilum. 1406 RR Offensive Yield and Easy to Manage on the Most Productive Acres Mid-Group 1 (1.4) • Complements 1702 RR for non-HpH areas. • Outstanding Phytophfhora Root Rot field tolerance > ❖ Business News ❖ • Easy to manage in any row spacing. 2013RR/N Introducing: Stacked Sources of Soybean Cyst Nematode Resistance in a Roundup Ready® Early-Group II (2.0) • Hartwig background solidi fies Race 3 resistance • Tall and rugged for more marginal fields • Better adapted for wider rows • BuffHilum. 2018 RR Roundup Ready® Variety with Racehorse Yield and Rpslk Early-Group II (2.0) • Attractive medium-upright branch plant designed for high -3 ield environments • Good standability, should work in any row spacing • Rpslk resistance to Phyto phthora Root Rot. 2072 This Attractive Con ventional Puts Beans in the Bin Early-Group II (2.0) • Medium-bushy plant de livers extra yield on lower branches • Outstanding emergence and stand establishment • Suitable for nearly any row spacing. 2332 RR Set the Perform ance Bar on Your Farm with this Proven High-Yielding Roundup Ready® Early-Group II Early-Group II (2.3) • Consistently the highest performing variety in Early- Group II • Western style medium height, medium-busy plant • Excellent Sclerotinia White Mold tolerance. 2677 RR Early Mid-Group II Elite Roundup Ready® Prod uct Where Phytophthora Root Rot is Problematic Mid-Group 11(2.6) • Rpslk for early stand insur ance in no-till or for season-long protection • Bushy, medium-height plant style handles any row spacing or population • Use north as full-season product or use south as early drilled option. Group 111-1 V Products 3013RR/N Excellent Choice for SCN Areas where Multiple Sources of Resistance Are Needed Early-Group HI (3.0) • PlBB7BB with Hartwig background • Good Phytophthora Root Rot field tolerance • Best suited to moderate po pulations. 3135 RR High-Yielding Roundup Ready® Variety with Phytophthora Root Rot Resist ance Early-Group 111 (3.1) • Wide area of adaption moves east to west • Very good disease package • Rpslk resistance to Phyto phthora Root Rot • Yield leader. 3212RR/N Early-Group 111 RR/N Variety with Yield Early-Group 111 (3.2) • High yields in all areas with a slight nod to eastern environ ments • Rpslk resistance to Phyto phthora Root Rot • Excellent Sudden Death Syndrome resistance • Medium-height plant with MOLINE, 111. To help stim ulate the nation’s post-9/11 economy, this past March Con gress passed and President Bush signed the Job Creation and Worker Assistance Act of 2002. This law contains a provision that can deliver significant fi nancial and machinery inven tory management benefits to producers. “This new law provides the opportunity to take an addi tional first-year depreciation in the amount of 30 percent on capital expenditures, such as a piece of new equipment, pur chased after Sept. 11, 2001, and before Sept. 11, 2004,” said David Freund, manager of fed eral taxes, John Deere. Freund points out that with the 30 percent added to existing allowed depreciation, producers can enjoy a total first-year write off of 37.5 percent. Using a $lOO,OOO piece of equipment purchased new in 2002 as an ex ample, the depreciation for this tax year would be $37,497 (based on a seven-year deprecia tion schedule using 150 percent declining balance). This com pares to a first-year write-off of $10,710 without the additional depreciation. “Economic advisers within the Bush administration have stated that the tax benefit from the bonus depreciation is equiv alent to about a four percent price reduction on capital items you purchase,” Freund said. “The purchase of deprecia tion,” he said, “is to allow you to very good standability. 3812RR/N A Rugged, High-Yielding RR/N Variety for Use on SCN-Infested Acies Late-Group 111 (3.8) • Very good field tolerance to Phytophthora Root Rot • Moderately tall, bushy plant type • Works well across all areas with a slight edge in eastern en vironments. 3906 N Very High-Yielding Conventional SCN Variety Late-Group 111 (3.9) • Excellent disease package • Rpslc resistance to Phyto phthora Root Rot • Moderately tall, rugged plant type R 3 resistance to Soy bean Cyst Nematode. 6112RR7N Very Early- Group VI Roundup Ready® with Yield Early-Group VI (6.1) • Outstanding choice for the Late-Group V, Early-Group VI markets • Very good yield potential across environments and soil types • Medium-tall plant height with good standability • R 3 resistance to Soybean Cyst Nematode • Moderately resistant to Sudden Death Syndrome, Fro geye and Stem Canker • Moderately resistant to Southern Root Knot Nematode. PSA Brands 8233 RR Racehorse Early- Group II Medium-Bushy Plant Style Early-Group II (2.3) • Suitable to push north into Late-Group I growing areas • Drought/stress tolerant bushy plant style • Widely adapted to any row spacing. 8255RR/N Outstanding SCN Resistance Package to Target Infested Acres Mid- Group II (2.5) • Position SCN plus IDC package on targeted Helds • Likes high population and narrower row spacings • Excellent standability. New Tax Law Speeds Equipment Payback get your investment back on capital expenditures over the useful life of those properties. The bonus depreciation lets you get your investment back at a quicker pace, allowing you to take advantage of the time value of money.” Purdue University Professor ot Ag Economics and Extension Economist George Patrick said, “Over the life of the law, the bonus depreciation will give pro ducers more choices and more options in managing their tax able income.” Those options can also extend to how you mange your opera tions’ overall machinery inven tory. For instance, said Thomas Jarrett, director of taxes, John Deere, “If you’re a producer who typically turns key pieces of equipment every three years, there maybe some benefit to re placing those machines in two years. If you turned a tractor or combine you purchased this year prior to the end of the tax law on Sept. 11, 2004, you’d have the opportunity to upgrade to the most current equipment RACINE, Wis. In response to the expanded capacity and productivity needs of combine operators, Case IH has an nounced a breakthrough in rotary combine technology the AFX rotor. “The Case IH AFX rotor is the most advanced design in rotor technology on the market today,” said Leo Bose, market ing and training manager for Case IH harvesting equipment. “Our new rotor increases throughput in a Case IH 2388 Axial-Flow combine by up to 25 percent, while improving fuel ef ficiency and reducing wear.” AFX rotor technology is the first piece in a new generation of single rotor combine develop ment from Case IH. It continues to deliver the superior grain quality, grain savings, crop adaptability and simplicity that have distinguished the Axial- Flow line for more than 25 years. “The Case IH AFX rotor takes harvesting technology to a new level,” said Bose. “It will improve throughput capacity between five and 25 percent over the previous specialty rotor design, particularly in tough harvesting conditions.” Graduated pitch inlet flights transition crop from the feeder to the rotor cage. This design creates smoother, more consist ent flow of material from the feeder to the threshing and separating areas. The rasp bar configuration also has been redesigned to pro vide more “grain on grain” threshing, a hallmark of all Axial-Flow combines. The result is reduced wear and tear on NEW HOLLAND (Lancaster Co.) For the second consecu tive year, Forrester Farm Equip ment Ltd. in Chambersburg, has been awarded the coveted 2002 President’s Prestige Award by New Holland North America. This award, the highest com pany honor that can be attained by a New Holland dealership, Case Introduces Advanced Design In Rotor New Holland Honors Local Dealer For Customer Service technology and take advantage of the additional first-year de preciation not once, but twice.” (On trade-ins, only the addi tional money paid, or “boot,” qualifies for the bonus deprecia tion.) It’s important to note that the additional depreciation is avail able only on new, and not used, equipment. However, major re pairs or reconditioning that ex tends the use life of machinery, and can thus be capitalized, is eligible for the depreciation ben efit. Freund, Patrick and Jarrett all agree that you should consult your tax adviser to determine how this tax-saving opportunity applies to your specific situa tion. You may also want to ask your adviser about another tax break known as the Section 179 deduction, which may allow up to $24,000 of capital purchases to be written off during 2002. The Section 179 deduction ap plies only to producers who ac quire no more than $200,000 of equipment during the year. Case IH AFX rotor. threshing components, im proved throughput, quieter op eration and reduced horsepower requirements in tough harvest ing conditions. “The Case IH AFX rotor can also be retrofitted into late model 1688, 2188 and 2388 Axial-Flow combines,” he notes. “The unique ability to upgrade Case IH equipment speaks to our commitment to the needs of our customers and the simplicity and superiority of the Axial- Flow rotary system,” An upgraded rotor drive helps maintain constant rotor speed, despite varying crop conditions. The new drive has larger rotor drive pulleys, along with a spliceless rotor drive belt to im prove the belt’s reliability and service life. “More and more farmers are opting to collect on-the-go yield data during harvest, and they’re also correlating that information with differential Global Posi tioning System (GPS) data to map their fields,” says Bose. “Using the updated Case IH Advanced Farming System (AFS) Universal Display Plus, combine operators can now see moisture and yield maps de velop as they travel through their fields.” recognizes outstanding achieve ment in business management and customer satisfaction. Award winners achieved the highest point levels in the New Holland Dealer Standards Pro gram. The Dealer Standards in clude criteria for excellence in facilities, business management, sales, parts and service support, and customer satisfaction.