Corn
Mark Knight, Farmer’s Keeper Financial, says corn and wheat are under pressure from fast corn planting pace and rains in the forecast for hard red winter wheat country. Soybeans bounced off support, but need to take out technical resistance to keep the momentum going.
The original proposal would have resulted in millions of dollars of fees per vessel, thus lowering commodity prices. The revisions, however, have some key exemptions that are net positive for U.S. agriculture.
A handful of rain-free days were a perfect recipe for spring planting — and farmers took full advantage of the opportunity. This week’s USDA crop progress report puts corn and soybean acres just ahead of last year’s pace.
Farmers can make a poor planting scenario better by teaching their planter how to dance across fields. The practice is particularly helpful in wet soils.
Vince Boddicker, Farmers Trading Company, says grain and cattle markets saw selling Monday in tandem with the collapse in outside markets.
Brad Kooima, Kooima Kooima Varilek, says grains lose early strength running into chart resistance. While cattle also started higher with the sharply higher cash trade Thursday but faded.
Iowa farmers say a foliar fungicide application can add more bushels per acre by preventing losses to disease pressure and minimizing the impact of environmental factors, such as heat stress and drought.
Scott Varilek, Kooima Kooima Varilek, says live and feeder cattle futures closed strong on Thursday and for the week, pushed by cash. While new crop corn and soybeans gained as the market transitions from focusing on demand, to focusing on supply.
David Cogen partnered with John Deere during the 2024 growing season to till, plant, spray and harvest a small field at Deere’s Boundurant, Iowa, test farm. In the process, he says he learned a lot about farming and how difficult it truly is.
Randy Martinson, Martinson Ag, says the grains markets started the day session higher with weekly exports strong except for old crop wheat. However, the market turned mixed with positioning ahead of a three day holiday and watching weather.
Mark Schultz, Northstar Commodity, says several factors combined to cause the commodity wide buying on Wednesday.
Could 2025 set a new record for planting pace in Iowa? Ogden, Iowa farmers Ward and Bryant Hunter say they’ll finish planting corn on Thursday – marking the earliest finish ever on their farm.
K-State precision agricultural economist says the Gannon Storm that occurred the weekend of May 10, 2024, and led to an assumed $565 million in losses for Midwestern crop producers was not an anomaly.
Chuck Shelby with Risk Management Commodities says grain markets continue to see profit taking after the recent relief rally pushed old crop corn, soybeans and wheat up into technical resistance on the charts.
Soybeans and cotton are currently taking the brunt of Trump’s still-developing trade policies, and one ag economist thinks its still too early to tell how the situation will impact renewable fuels and land ownership.
The initial round of ECAP payments will only amount to 85% of the per-acre payment to ensure enough funding is available for all farmers who sign up for the program.
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Randy Hughes is continually refining his fertility program and has seen yields improve 40 bu. to 50 bu. per acre over the past six years. Hughes chats with corn yield champs David Hula and Randy Dowdy about the importance of being a lifelong student of the crop.
Brian Grete, Pro Farmer, says grains see a healthy correction on profit taking after hitting resistance. Cattle continue to recover with the S&P but for how long?
As of April 13, USDA says 13 states have started planting corn and 10 are working on soybeans. The report calculates 4% of corn and 2% of soybeans are in the ground so far.
Brad Kooima, Kooima Kooima Varilek, says cattle are seeing followthrough buying and strength Monday morning as the S&P 500 continues to stabilize and recover after the tariff delays.
Jerry Gulke, president of the Gulke Group, says the April WASDE confirmed the tighter balance sheets he had been expecting for several reports but that’s just the start of the bullish news.
Bryan Doherty, Total Farm Marketing, says the way the markets shook off the escalating trade war with China was impressive but it will take several factors converging to keep the momentum going.
Mark Schultz, Northstar Commodity, says the ag markets have handled the escalation of the trade war with China remarkably well this week.
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Chip Nellinger, Blue Reef Agri-Marketing, says corn and soybeans ended higher with lower ending stocks in the WASDE as corn fell below the 1.5 billion bu. mark.
Major changes weren’t anticipated for USDA’s April World Agricultural Supply and Demand Report, but there were still a few surprises — mostly for corn.
Scott Varilek with Kooima Kooima Varilek says cattle are trading lower Thursday morning with the retreat in the stock market. Grains are mixed ahead of the WASDE, but he doesn’t expect any market moving news from the report.
Farmers who are seeing this issue show up in their seed sample test results might want to consider not using starter in-furrow this spring. There are good options off the seed, Ken Ferrie reports.
Kurt Kovarik, vice president of federal affairs, Clean Fuels Alliance America, says it is a historic agreement.