Corn
Don’t let nitrogen and phosphorus demand outpace supply. Learn how to manage the midseason nutrient surge with these four expert tips on precision placement and split applications.
Jerry Gulke, president of the Gulke Group, says the lower monthly close is especially significant because corn also failed to close above the April high.
Matt Bennett with AgMarket.Net says the broad based selling was tied to lower crude oil markets and headlines from President Trump that the Strait of Hormuz was going to reopened and the U.S. had struck a cease fire for the next 60-days.
From canola to hemp, recent history shows new crops only stick when margin and infrastructure line up for years—not seasons.
Nitrogen availability, root development and residue load determine whether crops stumble or race through June.
A case of New World Screwworm (NWS) only 52 miles from Texas was reported by USDA on Thursday making it the closest detection to the U.S. to date. Brad Kooima with Kooima Kooima Varilek says that is pressuring cattle futures.
The row crop and cotton markets saw some early support Thursday from a rally in crude oil as doubts about the peace deal with Iran came into question.
FTC chairman Andrew Ferguson announced a formal investigation Thursday into fertilizer pricing and market concentration, drawing a standing ovation from farmers representing 18 states.
From dropping phosphorus to switching from corn acres to soybeans, growers are navigating a difficult “recipe for success” as fertilizer prices remain high and grain markets soften.
Grains markets were mostly higher Thursday morning except hard red winter wheat following a bounce in crude oil says Mike Minor with Professional Ag Marketing.