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Down corn and soggy fields have trimmed yields near Carthage, Ill., but 80 years of field perspective, better board prices and strong bean prospects are keeping spirits up at harvest.
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Repeated wetting and drying cycles are causing mold, seed discoloration and pod shattering in Midwest fields from Nebraska to Ohio. Here’s how to prioritize harvest and protect grain quality.
With fertilizer prices elevated, farmers are looking for relief wherever they can find it. The question is whether suspending the Jones Act is a key piece of the puzzle.
Grains and cattle were seeing some profit taking after the strong rally on Tuesday says Brady Huck of Empower Ag Trading.
Waiving penalties for on-road red diesel use provides minor savings for tight agricultural margins, though analysts fear the move could strain already tight fuel supplies.
Allison Thompson with The Money Farm says talk of China pricing soybeans is welcome as they’ve been relatively quiet over the last couple of weeks.
Input costs are up $15 billion since February, diesel is roughly double and credit demand at Land O’Lakes’ financing business is already surging for next season, Beth Ford says.
Growers are locking in inputs earlier, paying on terms that run past harvest, and treating credit as part of the agronomic plan instead of a last-minute add-on.
Darin Newsom with Barchart says most of the bounce in grains is tied to technical and corrective buying as the markets got oversold.
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