Corn
Corn prices fell more than 30 cents on Friday, a change from the rapid run-up in prices the past two weeks, but even with chances of rain across the northern Corn Belt, drought continues to eat away at crop conditions.
Drought is deepening across the Midwest with 64% of the corn crop and 57% of the soybean crop across the U.S. now covered in drought, a sizable jump in just a week after NASS showed a historic drop in condition ratings.
Many Midwest farmers are seeing their corn crop struggle from compaction, nutrient deficiencies and herbicide carryover. Some of these issues can be addressed yet this season.
Mexico reached an agreement with food manufacturers to use only non-GMO corn in tortilla production across the country. The government says it plans to implement new import tariffs on white corn imports.
CRISPR results are identical to results of conventional breeding, and it’s nearly impossible to differentiate from conventional vs CRISPR. The breeding tool is also having an impact on the apprehension of GMOs.
November soybeans shot up $1 in just two days. The December corn contract skyrocketed 50 cents during the time. Drought and dryness concerns are fueling the grain markets, is it only weather impacting prices?
Drought continues to deepen its grip across the Corn Belt, with Iowa and Illinois seeing large jumps in the moderate and severe drought categories. Now, more of the U.S. corn and soybean crop is covered in drought.
Weather conditions at planting, herbicide damage, insects and poor closure of the furrow are just a handful of the factors that can hinder corn emergence success.
The new technology is designed to improve seedling vigor, boost root biomass and contribute to yield increases – up to 15% in corn and 12% in soybeans. It will be commercially available starting in 2024.
Analysts at Wolfstreet believe the U.S. is seeing the first hint of an EV effect on gas demand. John Phipps looks at the data and explains why a possible peak in U.S. gasoline consumption could impact ethanol demand.
Several factors converge making corn rootworm, black cutworm and true armyworm a high concern this season.
Sluggish exports continue to be the main theme in the grain markets with USDA cutting both old and new crop ending stocks. Arlan Suderman of StoneX Group says the bigger story moving forward might be soft corn demand.
Last week, 34% of the U.S. corn crop was covered in drought, and this week it jumped to 45%. The second crop conditions ratings of the season from USDA-NASS confirmed dryness is starting to deteriorate crop conditions.
A concentration of smoke over a period of several weeks could contribute to lower temperatures and fewer growing degree units for row crops because of reduced solar radiation.
With more than 90% of the corn crop now planted and growing in 12 key states, it’s time to look for evidence of Pythium, Fusarium and Rhizoctonia. They’re often overlooked because they work underground to steal yield.
Much of the eastern Corn Belt is currently experiencing drought. Dry conditions have been parked in the western region even longer. Low subsoil moisture is a concern, and short-term dryness is compounding the issue.
After consecutive years of drought, some areas of Texas are now breaking records for the wettest May ever. With most of their crop left to plant, it’s forcing farmers to make some tough decisions and crop changes.
It was blood bath in the grain markets with soybeans hitting multi-year lows to start the week, but growing drought concerns then sent markets higher. Dan Basse and Ben Brown explain what the trade is now watching.
If you’re aiming for a 200-bu. corn crop this season, be aware it will need at least 34 pounds of sulfur per acre.
Mexico claims because it is self-sufficient in GMO corn for food, it has not violated any trade agreements. Given the firm stances of both countries, it appears this situation will lead to a USMCA dispute settlement.
Farmers finding dead corn plants in their fields are texting pictures to Ken Ferrie, asking for help. Some of the culprits he’s found include wireworm, the carbon penalty, rootless corn syndrome and herbicide carryover.
Dow Inc. and New Energy Blue have announced a long-term supply agreement to produce bio-based ethylene from renewable ag residues, specifically corn stover.
The U.S. Drought Monitor says 26% of corn acres, 20% of soybean acres and 47% of winter wheat acres are in drought. The wheat crop has little chance of revival, but corn and soybeans have a long runway ahead of them.
Jerry Gulke, president of the Gulke Group, says the rally was both a weather and a technical recovery. The key is how long will the rally last and how should farmers position themselves in the market?
A quick planting pace and the possible return of El Nino meant traders have not been focusing on any weather issues. However, with drought continuing to expand, a U.S. weather market might be back in play.
Reclaim is designed to help soils warm up faster, resulting in more uniform seed emergence and better plant stands.
Illinois’ Jack Shissler hit major dryland corn yields in 2022: “Boiled down, my yields were about choosing the right variety and applying fungicide. Variety and fungicide—that’s where it was at.”
Similarly, Ken Ferrie says to time your post-herbicide application in corn based on weed size and to address cutworm based on the level of damage you find. One pass in the field could work for both, but don’t bet on it.
A perfect stand sets the stage for high ear count at harvest. But what if, despite your best efforts, a stand starts out troubled?
Farmers made significant headway in planting progress last week. USDA shows nearly half of the country’s corn crop is planted and 35% of the soybean crop is now in the ground. There are several states setting records.