Crops
Chicago Board of Trade corn futures extended a rally on Thursday above eight-year highs as dry weather threatened harvest yields in major exporter Brazil and kept the focus on ebbing global supplies.
Cold temperatures in April squashed hopes for an early planting season here in Nebraska but now that farmers are in the field they’re making up for lost ground, but dryness concerns are continuing to mount.
The Renewable Fuels Association (RFA) says China’s buying increased to 48.3 million gallons in March, which is the second largest monthly export total ever on record, just missing the high set in April 2016.
A wide-open week with dry weather helped farmers make large strides in planting progress. USDA shows as of Sunday, May 2, 46% of the corn crop had been planted, a 29-point jump in just a week.
Drier weather helped aid major planting progress for U.S. farmers last week, but it didn’t help the topsoil moisture situation. USDA’s Crop Progress report indicates 55% of the U.S. topsoil is considered ‘adequate.’
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Crop protection and numerous other ag products are in tight supply and prices are trending higher. What does that mean for farmers? Keep an eye on this page for continuing coverage from the Farm Journal team.
As old crop corn closed well above $7, and old crop soybeans well above $15, the market volatility was on center stage this week. But history shows the price highs for new crop corn and soybeans may not be in yet.
Freezing temperatures, frost and cold weather are testing theories about the yield benefits of ultra-early planted soybeans. Agronomist Missy Bauer says soybeans are surprisingly hardy.
In a venture to produce cleaner energy, big oil is turning to soybean oil. In April, Phillips 66 announced an investment in a soybean-processing plant in Iowa.
After several years of challenging weather, Ohio farmers are dodging snow and cold temperatures to put corn and soybeans in the ground. According to USDA, roughly 8% of those crops are now planted.
As farmers work to get the 2021 crop in the ground, some inputs are facing severe strains. While glyphosate and glufosinate are in short supply today, one retailer says fungicides and insecticides are next.
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While corn and soybean prices continue to march higher, farmers are making progress getting the 2021 corn, soybean and cotton crops in the ground.
Such products can help prevent or ward off pathogenic fungi and bacteria and, in some cases, be paired with conventional disease-control measures.
In the rush to get corn and soybeans in the ground, keep in mind some principles that can help your crops get a strong start this season.
Farmers will need to take into consideration the cover crop, timing, weather and stage of growth, says an Ohio seedsman.
As retailers are now facing tight supplies of popular herbicides like glyphosate and glufosinate, product prices are climbing and supplies are being rationed. It’s a issue that could last the entire season.
As old crop soybean prices soared past $15 this week, experts say there is concern about a shortage of soybeans with emotion and lack of farming selling providing fuel for the markets this week.
Commodity prices continued to race higher on Thursday, with corn trading the limit higher. Soybeans and wheat also saw prices surge higher with double-digit moves.
Many commonly used herbicides are hard to find, and prices are trending higher. Fungicide availability may also be limited in some cases.
U.S. corn and soybean futures climb to multi-year highs and wheat futures are up on tight supplies and weather woes.
Tuesday was another dynamic day in the grain markets. Soybean futures hit contract highs and nearby corn futures climbed above $6. Clinton Griffiths discovers what’s behind the market moves.
For the Horas, not much field work has danced across their Iowa soils so far. They planted a few acres this past weekend, but fieldwork has been minimal due to the cold and wet conditions this year.
USDA’s weekly Crop Progress Report started tallying soybean planting progress. In the first report of the year to include soybeans, USDA showed 3% of the soybean crop is planted, one point ahead of average.
West Texas farmer Blake Fennell says if rains don’t hit West Texas fields in the next month, it’ll be devastating to the area’s cotton crop with the outlook for cotton acre abandonment already high.
Commodity prices jumped even higher to start the week, with May corn futures topping $6 again Tuesday. Farmers are reporting local elevators posting new crop corn bids over $5, as well. What’s driving the momentum?
You know the agronomic headaches weeds cause. Do you know how they hit your bottom line?
If your weather conditions are tanking, consider answering two important questions Ken Ferrie asks before you head to the field.
After a jumpstart to the 2021 planting season for many, colder temperatures and even snow will bring planting to a halt again this week.