More in Crops

  • Jul 21, 2015
    blog

    Crop conditions hold steady in Upper Midwest

    Crop conditions across most of Minnesota and much the Midwest have been quite favorable through the first half of the growing season. Crop conditions in a large segment of the southern Corn Belt have been much less favorable during most of the growing season, due to the significant amount of late and prevented planting, along with excessive rainfall in many areas during June and early July....More
  • Mar 17, 2015
    blog

    National Ag Week 2015 2

    National Ag Week is being celebrated March 15-21 all across the United States, with Wednesday, March 18, designated as National Ag Day. As we celebrate National Ag Week, it is a good time to reflect on all the traditions and advancements that help make the U.S. agriculture industry second to none! Here are some interesting statistics about today’s agriculture industry....More
  • Jun 4, 2014
    blog

    Patience at this stage of the game is "best of practice" for most US producers.

    After trading to almost $5.15 per bushel (just 17 trading sessions back, on May 6th to be exact) the new-crop DEC14 contract has dropped some $0.60 cents per bushel. I'm not calling this a bottom or looking for a complete turnaround, but I do think...More
  • May 30, 2014
    blog

    Fresh NEW Soybean highs or has the party finally ended??? 1

    Soybean "technicians" continue to look for the market to tip its hand in one direction or the other as for a clue if we will make another run to fresh NEW highs or has the party finally ended???    The old-crop JUL14 contract high of $15.36^6 posted last Thursday might be out of the question, especially if you take into account the upcoming Index roll....More
  • May 28, 2014
    blog

    Soybeans: It's only when the tide goes out you discover who was swimming naked 1

    From what I am hearing most end-users are about 65-75% covered through July but have next to nothing done for August. Obviously everybody is hoping imports will help resolve the situation, but no one is clearly certain about how this game will end.    Soybean traders are digesting the fact the US planting pace is now AHEAD of our traditional average.  The USDA released data yesterday showing that 59% of the crop is now planted vs. 41% last year and 56% on average. In addition 25% of the crop is now "emerged" vs....More
  • May 22, 2014
    blog

    3 elements of today's soybean market whiplash

    Bears continue to feel the pain and side-effects of Injuries sustained by the sudden and unexpected jerking of the markets higher. I continue to monitor both the NOV14 and NOV15 soybean contracts in hopes of making another round of sales and further reducing downside risk and exposure....More
  • May 21, 2014
    blog

    Corn Bulls point to less wheat feeding! Bears are circling the wagons. 1

    The bears are arguing this number is too high considering it hasn't been adjusted in months and therefore hasn't fairly taken into account the negative effects and impact of the...More
  • Apr 25, 2014
    blog

    Persistent soybean bulls push prices higher 1

    The soybean bulls are trying to revive the trade on rumors of yet another Argentine strike; data showing better-than-expected U.S. soymeal sales; and extremely tight supplies. As a producer, I continue to hold out hope for new-crop prices to make a run back above $12.50, but I think we are still several weeks away....More
  • Jun 18, 2013
    blog

    USDA: GM Wheat Isolated Incident

    The sprouting of an unapproved genetically engineered wheat strain in an Oregon field appears to have been an isolated incident, U.S. agricultural officials said on Friday, adding that they had validated a method for detecting the presence of the GE wheat. "As of today, USDA has neither found nor been informed of anything that would indicate that this incident amounts to more than a single isolated incident in a single field on a single farm," said USDA Office of Communications Director Matt Paul. "All information collected so far shows no indication of the presence of GE wheat in commerce."...More
  • Mar 13, 2013
    blog

    Are You Selling Old-Crop Corn? 2

    I hate to sound like a broken record, but even after the recent USDA data the lyrics remain the same..."Tight old-crop balance sheets for both corn and soybeans make time-spreads a much more attractive play than flat-price." Improving rainfall and snow coverage is easing concerns regarding the US drought and therefore keeping a lid on US new-crop prices. As each week passes the ability for old-crop tightness to help keep new-crop prices supported may get...More
  • Jan 14, 2013
    blog

    A Tale of Two Worlds: New-Crop and Old-Crop Corn 1

    Moderation in life is often the key...Corn bulls are excited about the tighter than expected Dec. 1 stocks number posted by the USDA on Friday. There was also some excitement about the better-than-expected corn feed usage numbers. All of this seems to be creating a tale of two worlds: the old crop looking tighter and tighter and the anticipation of a more burdensome new crop....More
  • Nov 28, 2012
    video
    Corn+Soybean Digest

    Add Alfalfa to Corn, Soybean Rotation to Improve Soil Health 1

    Nancy and Jerry Ackermann farm near Lakefield, Minn. They use alfalfa in their crop rotation as a way to improve soil health. Nancy talks here about working with alfalfa, as well as the benefits they've seen in soil organic matter since including it in their crop rotation....More
  • Nov 13, 2012
    blog

    USDA Increases Expected Soybean Production 3

    The USDA Crop Production report released on Nov. 9 increased the estimated total soybean production in 2012 to 2.97 billion bushels, which is 4% above the 2.86 billion bushel estimate in October. The 2012 soybean production estimate is still 4% lower than the 2011 U.S. soybean production of 3.09 billion bushels, and 11% below the 2010 production level of 3.33 billion bushels. This production increase is a fairly major production adjustment for this late in the year....More

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