A lot of corn and soybeans in southern Minnesota have turned color, and appear to be mature; however, much of this visual appearance was the result of damage following the early frost on Sept. 13 and 14, and not from the natural maturing process of the crop. A limited amount of soybean harvesting has begun in some areas, mainly on some earlier soybean varieties that were planted on a timely basis last spring....More
USDA released their September quarterly stocks report and the markets are lower across the board. No real surprises in my opinion! Some of you however might be surprised when you see the soybean market lower on sub-100 million ending stocks numbers....More
Corn stocks up are up significantly from 2013, and bushels in on-farm storage are up 68% from last year, according to the Sept. 30 Grain Stocks Report from USDA. Soybean stocks, on the other hand, are down about a third from last year, and on-farm stored beans are down nearly 50% from 2013....More
The continued low CBOT corn and soybean prices increases the likelihood of significant 2014 crop insurance indemnity payments for many Minnesota farm operators that have 80% and 85% RP insurance policies in place. Crop insurance payments may not be as widespread in states such as Iowa and Illinois, which are likely to have much higher 2014 corn and soybean yield levels than will exist in much of Minnesota....More
Reports of more severe waterhemp infestation in Midwest soybean acres continue to roll in as we head into harvest, and that means more herbicide-tolerant weed seed going into the ground to cause larger future problems....More
The National Center for Public Policy Research is urging General Mills investors to vote down a shareholder proposal that would direct the company to remove completely safe and nutritious genetically modified organisms (GMOs) from its products....More
The 5 ag stories to read this week include tips on storing grain this fall, as well as a reminder that a solid nutrient balance is important to corn yield, and not just nitrogen. Read about a new soil mapping technology from Purdue, and understand that when benchmarking your farm, it's important to use relevant benchmarks. For a little enjoyment, read about how you know you grew up on a farm when… .
When corn was $5, $6 or even $7 per bushel, why didn’t I sell more? When soybeans hovered in the teens, why didn’t I pull the trigger? With 2014 harvest prices projected below $3.50 for corn and $10 for soybeans, many farmers are asking these questions....More
The USDA Crop Production Report released Sept. 11 is projecting record U.S. production in 2014 for both corn and soybeans. Production levels for both crops were increased by about 3% in the latest USDA report, as compared to the August USDA report. USDA left the anticipated harvested acres for corn at 83.8 million acres, and for soybeans at 84.1 million acres, which are unchanged from the Aug. 1 estimate....More
The latest USDA Crop Progress Report shows corn harvest starting in several states. The overall corn crop is just over 25% mature, which is behind average. Crop conditions remain over 70% good/excellent, and well ahead of last year's conditions. The soybean crop has been dropping leaves on almost a quarter of the overall crop. Conditions held on to more than 70% good/excellent....More
Freeze warnings have some worried – but the sub-$10 per bushel soybean price is more of a concern for a huge crop expected to hit the bins this fall. USDA’s Thursday forecast of 3.91 billion bushels surpassed the August projection of 3.81 billion. New-crop ending soybean stocks are projected at 475 million bushels. All those numbers helped keep downward pressure on soybean prices....More
These 5 ag stories to read talk about the impact of recent low temperatures on soybean yield, and remind growers to scout corn fields for stalk and ear rots before harvest. There is also big picture information about the choices farmers will soon make regarding the 2014 Farm Bill. Read advice on using tillage to control resistant weeds, and for the hunters, check out the 2014 pheasant hunting forecast.
As a producer I see nothing wrong starting to unwind a very small portion of your remaining soybean short hedges. The break has paid huge dividends and there is absolutely no need to get overly greedy....More
Ault spoke with Managing Editor Susan Winsor about the current disconnect with data in agriculture, as well as how OADA can help farmers manage data and make it work for them, and help with the tasks farmers need help with....More
During the growing season, it can be difficult to tell the difference between Palmer amaranth and waterhemp plants. Before you harvest soybean fields this fall, take some time to scout for these weeds. These photos from Aaron Hager at the University of Illinois will help you identify Palmer amaranth plants.
Corn production is forecast at 14.4 billion bushels, up 3% from both the August forecast and from 2013. Soybean production is forecast at a record 3.91 billion bushels, up 3% from August and up 19% from last year....More
Harvest soybeans at about 13% moisture for best yields, say University of Nebraska-Lincoln Extension experts. Research from Extension showed that yield loss from soybean harvest was least when beans were above 12% moisture. While it’s impossible to harvest all soybean fields at 13%, UNL Extension offers these tips for optimal soybean harvest....More
Based on two recent reports of county average cash rents in Illinois, experts at the University of Illinois see cash rent decreasing on professionally managed land, as well as on above-average rents. Below-average cash rents may remain stable or decrease....More
Inflation, while benign in the general economy, has been running full steam ahead in input and operating costs in the agriculture industry ranging anywhere from 5% to 10% annually. Combine this with increases in real estate taxes and the fixed cost component of equipment and machinery, and one can quickly observe how profit margins have quickly disappeared with lower commodity prices....More
Harvest is back and it’s time to make some marketing decisions. Should I sell now or store grain to sell later in the crop year? Maybe I should sell the carry in the market. Our alternatives are limited and, with prices at four-year lows, the choice will not be easy. Let’s look at the cards we’ve been dealt....More
There is no single recipe to determine the right cover crop mix for a particular field, much less an entire farm. You need to know each field, set goals and set a budget that makes sense. Are the primary concerns to retain and build nutrient levels for the coming crop, managing moisture, compaction or simply building soil health?...More
A big challenge in many areas of the Upper Midwest is continued cooler than normal temperatures, and lower-than-normal accumulation of growing degree units (GDUs). This raises concerns that some of the 2014 corn and soybean crop may not reach maturity prior to the first killing frost, especially in areas with very late planting dates this past spring....More
Five ag stories to read this week reminds growers to scout soybean fields for diseases, including sudden death syndrome and brown stem rot. Watch a video update on crop conditions in August across the Midwest, and read about yields and their impact on crop returns for 2014. Also watch a video with practical tips for using UAVs on your farm. And as harvest creeps up on us, check out one of our favorite photo galleries: A day in the life of corn harvest.
“Do we need to till or not?” Purdue University weed scientist Bryan Young often hears this question from Midwest soybean growers fighting herbicide-resistant marestail, waterhemp and Palmer amaranth....More