Gold-Eagle Cooperative News

Planting Fall Cover Crops
Monday, November 2, 2020

We are now approaching the time of year to think about planting fall cover crops. Cover crops can serve many purposes, ranging from erosion control to nutrient sequestration. Depending on the type and species of cover crop, benefits range from providing a Nitrogen source, scavenging nutrients to decrease leaching potential, acting as a soil builder, […]

Revised 2021 Crop Budgets Lead to Higher 2021 Return Projections
Monday, November 2, 2020

The 2021 Crop Budgets have been revised from the original August release. Corn and soybean prices have been increased in revised budgets, leading to higher corn and soybean return projections for 2021. In most years, soybeans have been more profitable than corn since 2012. In 2021, soybeans again are projected to be more profitable than […]

Robust Soybean Export Forecast, While Countries “Bulk Up” Their Food Supplies
Monday, October 26, 2020

Mark Ash and Dana Golden explained in this month’s Oil Crops Outlook, from USDA’s Economic Research Service (ERS), that, “Despite an unchanged yield, USDA pegs the 2020/21 U.S. soybean crop down by 45 million bushels this month to 4.268 billion as the sown acreage is revised down by 731,000 acres to 83.1 million. With strong sales to China, USDA raises its forecast of […]

Identifying Fall-emerging Weeds
Monday, October 26, 2020

2020 Update: I believe marestail will be a problem this fall and require an alternate herbicide as the majority of marestail in eastern Nebraska is resistant to glyphosate and ALS-inhibiting herbicides. Amit Jhala As the 2020 corn and soybean harvest begins to wind down, we would like to encourage growers to take a proactive approach to […]

FAS Report: Corn Ethanol Production Booms in Brazil
Monday, October 26, 2020

A report earlier this month from USDA’s Foreign Agricultural Service (FAS), Corn Ethanol Production Booms in Brazil, stated that, “Plentiful, and generally cheap, corn supplies in Brazil’s Center-West region have enticed investment in the corn ethanol sector over the last few years. There are currently 16 corn ethanol plants in the Center- West states of Mato Grosso, Goias, and Mato […]

Extended Drydown in Corn
Monday, October 26, 2020

As fall is progressing, crop harvest is also occurring throughout the state. However, many producers are seeing slower than usual drydown in their corn fields this October. This may be in part due to how the weather conditions impacted corn growth and development this year. In many parts of Ohio in 2020, temperatures were near […]

Rural Mainstreet Index Climbs to Pre-Pandemic Levels
Monday, October 26, 2020

Since falling to a record low in April of this year, the Creighton University Rural Mainstreet Index (RMI) has increased for six straight months. According to the monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy, the index rose to its highest level since January, prior to […]

Federal Reserve: Observations on the Ag Economy- October 2020
Monday, October 26, 2020

On Wednesday, the Federal Reserve Board released its October 2020 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the U.S. agricultural economy. * Sixth District- Atlanta– “Agricultural conditions remained weak. While drought- free conditions prevailed in most parts of the District, some producers reported crop and […]

Recent FAS Reports Highlight Soybean, Meat, and Corn Export Variables
Monday, October 19, 2020

Reports this month from the USDA’s Foreign Agricultural Service (FAS) have provided updated information on market variables impacting soybeans, meat, and corn.  Today’s update highlights some of the key findings from these FAS publications. Soybeans In a report Friday, Oilseeds: World Markets and Trade, FAS stated that, “Soybean prices on the Chicago Exchange topped $10.00/bu in […]

Cover Crop Considerations When Dealing With Soybean Cyst Nematode
Monday, October 19, 2020

With the soybeans being harvested a little earlier than usual this year, some producers are finding themselves making management decisions which often include the use of cover crops. There are a lot of agronomic benefits for planting cover crops (Figure 1) such as soil health, soil erosion control, weed reduction, animal feed, and nutrient recycling. […]

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