Corn
Alan Brugler with A&N Economics says the bottom line is with that weakness in real, you’re going to see a little more competition out of Brazil on soybean exports when you’re looking at them in dollar terms.
Bigger harvests mean more nutrients leave the field. Evaluating your crop nutrient removal rates can help as you start planning for next season, recommends one field agronomist.
Joe Kooima of Kooima Kooima Varilek says the reaction was a bit muted considering the placements were well below estimates. However, he says some of it was already priced in.
NASS says incorrect acreage weights for irrigated and nonirrigated fields affected September corn yield estimates for Kansas, Nebraska and the U.S. The agency’s October forecast remains unchanged.
Jerry Gulke, president of The Gulke Group, says it is technically bearish to close below the lows the previous two months.
Dan Basse, president of Ag Resource Company, says he thinks the soybean market put in a bottom earlier in the week.
NASS identified a processing error affecting September corn data for Kansas, Nebraska and national figures. The agency says its October forecast of 181.2 bu. per acre remains unchanged, leaving questions about the yield jump.
Farmers like North Dakota’s Jay Myers are combining soil testing, alternative resistance sources and crop rotation to stay ahead of the pest—and new technologies are on the way.