Corn
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.