Gold-Eagle Cooperative News

Corn at the Halfway Point
Monday, March 11, 2019

The midpoint of the 2018-19 marketing year for corn arrived on Friday, March 1.  Typically, the market begins to focus on new crop acreage and production prospects.  Uncertainty regarding trade negotiations and lower use in domestic consumption categories may keep old crop consumption closer to the forefront than usual. Corn consumption slowed in ethanol production […]

Farmer Sentiment Weakens Amid Increasing Marketing Risk Concerns
Monday, March 11, 2019

The Ag Economy Barometer weakened slightly in February, declining 7 points to a reading of 136 compared to 143 a month earlier. The modest decline puts the barometer back near the levels observed in October and November 2018 and just 4 points below the level of February 2018. The downward shift in the barometer was primarily the […]

Evaluating Winter Wheat Stands After a Tough Winter
Monday, March 11, 2019

Last fall it was extremely difficult to plant wheat in a timely manner across most of Missouri. Although there was some wheat planted at an ideal timeframe, much of the crop that did get planted in the state was very late and got very little growth going into the winter. We also had a colder, […]

Comparing Water Balance of Soybeans, Peas, Dry Beans vs. Fallow
Monday, March 11, 2019

Over the past 30 years, many dryland farmers in western Nebraska have replaced conventional tillage fallow with no-till chem-fallow to improve water conservation practices under wheat-corn-fallow or wheat-fallow rotations. However, the long-term sustainability of fallow is becoming a challenge because of: 1. weeds evolving resistance to herbicides and forcing farmers to use summer tillage for […]

Factors Impacting Feeding Cost of Gain and Cattle Finishing Net Returns
Monday, March 11, 2019

A recent farmdoc daily article examined the prospects for cattle finishing net returns in 2019 (February 6, 2019).  This article elaborates on the factors impacting feeding cost of gain and cattle finishing net returns.  After dropping below $75 per cwt in May 2018, feeding cost of gain increased to $80.31 in December.  Upcoming acreage decisions will have […]

Fungicide-Resistant Frogeye Leaf Spot Fungus Confirmed in South Dakota Soybean
Monday, March 4, 2019

South Dakota State University and University of Kentucky plant pathologists have confirmed that Cercospora sojina, a soybean pathogen that causes frogeye leaf spot, has shown resistance to QoI fungicides (quinone outside inhibitor, strobilurin, e.g. active ingredients in Headline and Quadris) in South Dakota. SDSU Field Crops Pathologist Febina Mathew and SDSU Extension Plant Pathologist Emmanuel Byamukama detected […]

Tracking the Pace of Soybean Consumption
Monday, March 4, 2019

Recent developments in trade negotiations with China provided support to soybean prices and raised hopes of reducing the 910 million bushel ending stock projection for this marketing year.  The current pace of soybean consumption confirms the notion that any reduction of ending stocks lies with increased soybean exports. Soybean crush during the first four months […]

China Commits to Buy Additional U.S. Soybeans, March 1st Tariff Increases Delayed
Monday, March 4, 2019

U.S., China trade talks resumed last week in Washington, D.C., and extended into the weekend.  As the negotiations unfolded, Secretary of Agriculture Sonny Perdue indicated that China committed to buy an additional 10 million metric tons of U.S. soybeans.  And citing progress made in the talks, President Trump tweeted Sunday that, “I will be delaying the U.S. increase in tariffs now […]

Rural Mainstreet Index Falls for February
Monday, March 4, 2019

The Creighton University Rural Mainstreet Index for February fell, but remained above growth neutral, according to the monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy Overall: The overall index sank to 50.2 from January’s 51.5. This was the 11th time in the past 12 months the […]

Expected Revenues and the Farm Safety Net for 2019
Monday, March 4, 2019

With the end of February nearing, projected prices for determining crop insurance guarantees are close to final. For corn, the projected price in 2019 will be near that of 2018, and current price levels suggest that same expected revenue in 2019 as in 2018.  Crop insurance and commodity title guarantees for corn will be roughly […]

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