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  • May 25, 2012
    video
    Corn and Soybean Digest

    May 2012 Crop Update

    The corn and soybean crops are off to a nice start in southern Minnesota and northern Iowa, says Kent Thiesse, former Extension educator and vice president of MinnStar Bank in Lake Crystal, MN. He notes that drought-like conditions have been overcome by some nice rainfall in May, which included some storms. Herbicide application has been a challenge due to wind and rain, Thiesse says....More
  • May 15, 2012
    blog

    May 10 USDA Reports Bring Mixed Results

    The USDA Crop Production and World Agricultural Supply and Demand Estimates (WADSE) reports released May 10 were regarded as bearish for the corn market and bullish for the soybean market in the coming months. Corn stocks are expected to double by the end of the 2012-2013 crop marketing year, while the ending soybean stocks are expected to be at the tightest level on record by the end of the 2012-2013 marketing year, which runs from Sept. 1, 2012 to Aug. 31, 2013....More
  • May 15, 2012
    blog

    3 Things to Watch After May USDA Reports: Corn Yield, Soybean Acreage, Corn Feed/Residual Use

    USDA reports frequently move markets and last week’s first supply/demand for the 2012 grain and oilseed crops was no exception. The day of the report, July corn closed down 20¢/bu. and cotton down 4¢/lb., while July beans closed 25¢/bu. higher and wheat 1¢ higher. Despite the immediate market reaction to the numbers, some aspects of the reports are debatable. Here are a few numbers Brock analysts expect to change....More
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