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We are in the heart of fungicide application season, with airplanes, drones, and sprayers crawling the countryside. Here are the key things to think about when making fungicide applications.
Corn needs 1/2" of silk to pollinate. In some cases, the pest pressure in parts of the Midwest is heavy enough that’s not happening and is signaling full-blown resistance problems.
U.S. natural gas futures rose 2% to a four-week high on forecasts for hotter weather and more demand than previously expected. Extreme heat already boosted power demand to record highs in several parts of the country.
Grains gap higher to start the week pushed by weather, livestock futures opened higher except feeder cattle.
A risk on day has markets higher except feeders, weather is also a driver.
With worldwide recession fears climbing, there is further evidence that China’s economy is slowing down. ThenNational Bureau of Statistics reported second quarter GDP was only up .4% from a year ago.