From a "spread" perspective, I continue to hear talk form many traders who suspect the old-crop/new-crop spread (now at it's lowest level since mid-Feb) will continue to deteriorate – at least through the June 30th report. From there it's believed we could see a late inning rally and perhaps one last hurrah!...More
Corn and soybean emergence rates are both ahead of average, and closing in on the finish line. Crop conditions are holding steady on the positive end, and slightly increasing in the excellent category for both crops....More
Cool spring soils and high rainfall in areas of the Corn Belt may lead to a midsummer appearance of sudden death syndrome (SDS) symptoms in soybeans, say DuPont Pioneer experts. The severity of SDS depends on environmental conditions, time of infection and other crop stressors. Although SDS infects soybean plants just after germination and emergence, symptoms generally do not appear until midsummer....More
This installment of 5 Ag stories to read reminds growers to evaluate soybean emergence for uneven stands, and to lookout for "rootless" corn seedlings. There's also insight into revenue and returns on cash-rented land for 2014. To keep up with growing season weather, check out ag weather maps from USDA, and for a little fun, watch a parody by the Peterson Farm Bros....More
Prior to the arrival of heavy rain across the southern Plains, multiple rounds of heavy showers and locally severe thunderstorms crossed the central Plains, Midsouth, and Midwest. Weekly rainfall totaled 4 inches or more in numerous locations across the central and southern Plains, Tennessee Valley, and southwestern Corn Belt.
The majority of the overall corn crop has emerged, and is slightly ahead of average pace. Corn in good condition dropped slightly, but gained in excellent condition. Soybean planting and emergence are ahead of average pace, and beans are in mostly good and excellent condition....More
Most of the overall corn crop has been planted, and emergence is on pace with the five-year average of 80%. In this first week of corn condition ratings, 76% of the overall crop is in good-excellent condition. Well ahead of the good-excellent condition rating of 63% at this time last year. The soybean crop is ahead of average planting pace for the second week in a row, and emergence rates are ahead of average, as well....More
If the soybean crop progresses smoothly into late summer and fall, new-crop soybean cash prices could tumble down to near $10, and could drop to $8.50, said Dan O’Brien, Kansas State University Extension grain economist....More
Shoulda, coulda, woulda may be the theme if you didn’t use a pre-emerge herbicide, and rain has kept you from returning to spray. That could get to be expensive. In soybeans, you have from 9 to 19 days after soybean emergence before losing yield....More
Common man-made agronomic problems that he sees aerially often arise from uneven plant emergence/planter problems and uneven nutrient application. These July 2013 aerial photos from northeast Iowa show agronomic problems. Can you decipher them?
The USDA released the monthly WASDE report on May 9, estimating corn production up from the record 2013-14 year with higher corn yields offsetting reduced plantings. Average corn price is projected down to $3.85-$4.55. Soybean production is at record highs due to record yields and harvested area. Average price has dropped to $9.75-11.75....More
Here are 5 ag stories you should read today, April 25. From late planting and concerns (or lack of), including compaction, to learning more about the PLC risk coverage in the Farm Bill, to NASA research about better soybeans, these are stories you should read....More
Resistant Cercospora, soybean rust impact and a new soybean fungicide were topics at a recent meeting of soybean disease workers. Researchers will continue monitor the diseases and their spread, as well as host plants....More
Count on half the revenue this year and next compared to 2011-12, advises a leading farm management expert. Gary Schnitkey, University of Illinois Extension farm management economist, lays out a variety of $4-4.50 corn price and $11-11.10 soybean price scenarios to guide your decisions.
Soybeans fix their own nitrogen, but high-yielding beans need a lot of nitrogen – 4 to 5 pounds per bushel total with some 3 pounds per bushel in the harvested seed, according to Emerson Nafziger, University of Illinois Department of Crop Sciences. “That’s why some people try applying nitrogen to boost yields,” he says. “You would think if you put on 100 to 200 pounds per acre, there would be a response.”...More
Planting season is just a few months away, and producers are thinking about the economics of planting soybeans versus corn in 2014. It’s all about relative prices and, relatively speaking, new-crop futures prices strongly favor soybeans over corn....More
Santiago Lorenzatti, general manager of Grupo Romagnoli, grows soybeans and more soybeans on 15,000 hectares in Argentina. After selling a grain elevator, the company used the money to buy land in marginal production areas in both the northern and southern part of Argentina....More
Soybean yield contest winners spill secrets about what they do to garner record yields, including: variety selection, good start to the cropping season, fertility (including micronutrients) and scouting....More
The 2013-2014 marketing year for U.S. corn and soybeans is only in the second month. According to Darrel Good, a University of Illinois agricultural economist, there are many unknowns about the size of those crops, the strength of demand and price levels. In spite of those uncertainties, the market is trying to anticipate planted acreage in 2014, and some analysts are already forecasting acreage levels for next year....More