Morning Commentary

Morning Commentary
5/23/2019

July corn up ¼ at $3.9475 July beans down 8 at $8.205 The DOW is down USD is stronger Crude oil down $1.49 at $59.93 Good morning, Van Trump says “Corn traders continue to debate the number of planted acres and overall crop condition. I personally argue, there will be a lot more “preventive plant” […]

Morning Commentary
5/22/2019

July corn down 4 at $3.9025 July beans up 2 at $8.24 The DOW is down USD is weaker Crude oil down $.91 at $62.22 Good morning, Corn traders continue to heavily debate the U.S. crop. Keep in mind, a huge chunk of the corn belt will see final planting dates come into play this […]

Morning Commentary
5/21/2019

July corn up 6 ¾ at $3.9575 July beans up 7 ¾ at $8.395 The DOW is up USD is stronger Crude oil up $.28 at $63.38 Good morning, Corn bulls continue to point towards extreme U.S. weather, record slow planting and pace of emergence, flooding, logistic complications, and a massively large number of re-plant […]

Morning Commentary
5/20/2019

July corn up 6 ¾ at $3.90 July beans up 11 ½ at $8.3325 The DOW is down USD is weaker Crude oil down $.10 at $62.66 Good morning, Corn traders continue to closely monitor U.S. weather and delays in planting. New-crop DEC19 prices are back above $4.00 per bushel! Last Monday, the USDA estimated […]

USDA Invests in Rural Water and Wastewater Infrastructure in 20 States
5/20/2019

Acting Assistant to the Secretary for Rural Development Joel Baxley today announced that USDA is investing in 40 projects in 20 states to improve rural water infrastructure (PDF, 151 KB). “These investments will have a far-reaching, positive impact on rural residents, businesses and communities,” Baxley said. “Improving water and wastewater infrastructure enhances quality of life, helps support […]

Replanting Corn-Things To Do and Think About
5/20/2019

According to the USDA-NASS report, 35% of Nebraska’s corn had been planted as of May 5, similar to 38% last year but behind the five-year average of 47%. Emergence was at 2%, similar to last year but behind the 9% average. The April 26 report indicated 16% of corn had been planted compared with 15% last […]

Federal Reserve Ag Credit Surveys-2019 First Quarter Farm Economy Conditions
5/20/2019

Last week, the Federal Reserve Banks of Chicago, St. Louis and Kansas City released updates regarding farm income, farmland values and agricultural credit conditions from the first quarter of 2019.  And earlier this year, the Federal Reserve Bank of Dallas released its Agricultural Survey for the first quarter of 2019.  Today’s update highlights core findings from the Fed reports. Federal Reserve […]

With Delayed Corn Planting, Is It Time To Switch Maturities?
5/20/2019

It’s been a wet week for much of Nebraska, further delaying planting and causing growers to consider whether they should move from a full-season corn hybrid to a short-season. The short answer is: Not yet. Not until late May. The longer answer, as late May nears, depends on several considerations (including potential for killing frost […]

Prevented Planting Decision for Corn in the Midwest
5/20/2019

Continued wet weather and saturated soils over much of the Midwest suggests that many farmers will be facing decisions on whether to take prevented planting.  Prevented planting is available for those individuals purchasing the Common Crop Insurance (COMBO) product. Once the final planting date has arrived, the farmer can choose to take a prevented planting […]

Reconsidering USDA’s Corn Projections
5/20/2019

The USDA’s WASDE report released on May 10 contained updated balance sheet projections for U.S. corn during the current marketing year and the 2019-20 marketing year.  Corn price fell on a forecast of more abundant supplies in the next marketing year and growing old crop ending stocks. For the current marketing year, the projection of feed and […]

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