Given farm revenues in 2016 budget projections, costs must be reduced to have positive returns. Cost cuts of $100 per acre will be used at the target. Cuts of $100 per acre would result in $19 per acre of net farmer income, levels that are relatively low and do not provide much margin....More
All of the rain during May, June and July continues to impact the soybean crop in some areas of Ohio and other states. Surveys of plots and some scouting in the lower canopy have turned up soybean diseases, including white mold, sudden death syndrome and frogeye leaf spot....More
The soybean market, similar to corn, is enduring a wave of bearish headwinds created by record supply being harvested once again in South America, a strong U.S. dollar, heavy uncertainty about U.S. export demand and a less fearful U.S. weather forecast. No need to continue rewriting the obvious and old....More
In the 5 ag stories to read this week, Extension experts advise scouting for stink bugs and for Southern corn rust. Learn about options for crop insurance payments on prevented plant acres and options for rescue nitrogen applications. Finally, enjoy a gallery of old farm equipment laying around in the back 40.
FarmLogs is known for their multi-functional mobile app. The company continues to bring new digital products to market, in hopes of making processes simpler and more efficient. And they've accomplished that with their new product: FarmLogs Flow, which creates yield maps....More
The Second Golden Age of American Agriculture is over, and the time is right to return to a proactive approach to grain marketing, says Ed Usset. The proactive approach outlined in my 2nd Edition of “Grain Marketing is Simple” says that we need to pay attention to pricing opportunities before harvest....More
In the north, cooler, drier air pushed into much of the Midwest, although showers lingered across the southern and western Corn Belt. In particular, rainfall totals of 1 to 2 inches or more were common across Missouri and southern Illinois.
Farmers should keep their eyes peeled for diseases while scouting soybean fields this summer. A disease already showing up and causing problems for some farmers is sudden death syndrome (SDS). Wet conditions and cool temperatures early on set up the season for SDS development....More
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
November 2015 soybean futures traded to a low of about $8.96 on June 15, rebounded to $10.45 on July 14, and are currently trading near $9.90. The volatility in prices reflects the market's reaction to generally positive supply factors and some negative demand factors....More
Lots of rain in early summer changed drought conditions in the Midwest, compared to what it looked like just before planting began. Here's a current look, and look back, at how the U.S. Drought Monitor has changed from planting season to now. We'll update the gallery each week with the latest map.
The 5 ag stories this week remind growers to check grain bins when the weather is wet, warm and humid, and to scout for white grubs in corn fields. Learn about China's soil moisture depletion, and the cause. See the decline in land values, and finally, enjoy a graphic showing just what it takes to be a farmer.
As you scout soybean fields for soybean aphid, also be on the lookout for other insect pests, including defoliators, insects that eat the leaves of plants. In soybean, there can be a diversity of defoliators, including various beetles, caterpillars and grasshoppers....More
Each season, farmers across the country face adverse weather conditions that impact the health and yield of their crops. These conditions can include drought, flooding, wind, thunderstorms and extreme temperatures.
winter wheat that had been drenched by heavy June rainfall. However, drying conditions were less than ideal due to lingering showers in the southernmost Corn Belt and below-normal temperatures. Weekly temperatures averaged at least 5° F below normal in a broad area stretching from the central Corn Belt into the Northeast.
The June 30 USDA report indicated that farmers planted less corn and more soybeans, compared to the USDA March Planting Intentions Report. USDA surveyed more than 70,000 agricultural producers during the first two weeks of June to gather information for the June 30 USDA Report....More
University of Illinois Agricultural Economist Darrel Good says that while considerable uncertainty will persist for the next three months, the recent USDA reports substantially increase the odds that the average farm price will be above $4 for the 2015-16 marketing year and that the average soybean price will once again be near $10....More
In the 5 ag stories to read this week, Extension experts offer insight into nitrogen needs, particularly in fields with wet soils. Get tips for reducing spray drift and read about volumetric versus fractional levels in the RFS. Check fields for ragweed and control any growing plants, and finally, enjoy some fun turkey facts for Turkey Lovers month!
Here are mobile apps to help you this growing season. From scouting weeds, insects, soybean aphids and more to calculating growing degree days, identifying weeds and getting help with integrated pest management, identifying nutrient deficiencies and calculating tank mixes, these apps offer easily accessible help while you're out in the field this summer.
From weeds to insect pests to disease, resistance to efficient, economical crop protection products is threatening their efficacy and raising costs for crop producers. So why do regulations or the chemical industry always seem to have a delayed reaction to resistance? A big part of the problem involves dueling definitions, suggests Tim Dennehy, manager, Global Insect Resistance Management, Bayer Seeds....More
Location and quality of land continue to be the main drivers of pricing for individual tracts. The stability of this market is maintained by a lower supply of land for sale, contrasted with a continued demand for quality properties. Farmers National Company statistics show the volume of properties for sale is down 40% over the past six months, as compared to the past two years.
Nitrate management in tile water is a big reason why this water control structure has slowly gained a foothold in the Corn Belt, but its potential for providing timely water to corn and soybeans may spell the future for this underground tile water management tool....More