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Two Midwest growers say increased competition between corn and soybeans for acres could help rebalance supplies and provide a financial boost.
The soybean market looked like it was ready to breakout but Sam Hudson with Cornbelt Marketing says they hit chart resistance and saw profit taking.
Farm Journal Field Agronomist Ken Ferrie explains how to optimize hydraulic downpressure and closing systems to achieve uniform emergence, picket-fence stands and maximum yield across every soil type and condition.
However, Bryan Doherty with Total Farm Marketing says the corn and soybean markets are at a crossroads in the new crop contracts and need a catalyst to get above resistance.
It can take a few days to assess actual damage results following a frost. Ferrie offers four recommendations on how to do your initial evaluations.
The nation’s corn crop is currently 11% planted, sitting 2 points ahead of the five-year average. Although many Illinois farmers are waiting to plant because of wet conditions, much of the latest national crop progress comes from Illinois and Indiana.
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