Morning Commentary

Morning Commentary
9/20/2019

Dec corn down 1 ¼ at $3.715 Nov beans down 3 ½ at $8.895 The DOW is up USD is stronger Crude oil up $.43 at $58.56 Good morning, Corn  remains mostly in a sideways channel without much of a nearby story. Bulls are hoping the USDA will deliver a more optimistic view in the […]

Morning Commentary
9/19/2019

Dec corn unchanged at $3.7125 Nov beans unchanged at $8.88875 The DOW is down USD is weaker Crude oil up $1.13 at $59.24 Good morning, Corn  traders have very little fresh or new to chew on. The concerns about crude oil and continued strength in the U.S. dollar is doing very little to help the […]

Morning Commentary
9/18/2019

Dec corn down 1 ¼ at $3.6675 Nov beans down 2 at $8.9175 The DOW is down USD is stronger Crude oil down $1.03 at $58.31 Good morning, Corn bulls are battling extremely cooperative U.S. weather. The late crop is enjoining a warmer end to summer which is helping the overall filling process. There’s also very […]

Morning Commentary
9/17/2019

Dec corn down 3 ½ at $3.705 Nov beans down 6 ¾ at $8.9325 The DOW is down USD is weaker Crude oil down $.87 at $62.03 Good morning, Deputy-level U.S.-China trade talks are scheduled to start in Washington on Thursday. U.S. Trade Representative Lighthizer and U.S. Treasury Secretary Steven Mnuchin are expected to meet […]

Insect Monitoring In Soybean-What to Look for During Pod Fill
9/17/2019

At this point in the season, most of our insect monitoring efforts are focused on soybean. There are several pests that can damage soybean during pod fill, and proper scouting is necessary to identify and, occasionally, control these insects. While not an exhaustive list, these are some of the insects and insect relatives to be […]

USDA Resources Available for Farmers Hurt by 2018, 2019 Disasters
9/17/2019

U.S. Secretary of Agriculture Sonny Perdue today announced that agricultural producers affected by natural disasters in 2018 and 2019, including Hurricane Dorian, can apply for assistance through the Wildfire and Hurricane Indemnity Program Plus (WHIP+). Signup for this U.S. Department of Agriculture (USDA) program will begin Sept. 11, 2019. “U.S. agriculture has been dealt a […]

U.S., China Trade Talks Set to Resume-Agricultural Export Markets Continue to Adjust
9/17/2019

Bloomberg writers Michael Hirtzer and Dominic Carey reported last week that, “The trade war between the U.S. and China continues to surprise agricultural markets, even delivering an unexpected reprieve for American farmers who have otherwise been roiled by the conflict. “U.S. soybean exports have jumped to a seasonal record at a time of the year when shipments typically slow due to dwindling supplies ahead […]

Federal Reserve: Observations on the Ag Economy- August 2019
9/17/2019

Last week, the Federal Reserve Board released its August 2019 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. Graph of Fed Districts from, “The Beige Book.” * Fifth District- Richmond– “In general, trade issues and low commodity prices were hurting farmers, including […]

Biggest Change for the 2018 Farm Bill-The Farm Economy
9/17/2019

Over the next 6 months, producers will need to, again, decide between the ARC and PLC programs. These programs were first introduced in the 2014 Farm Bill and have been reauthorized – with a few changes– by the 2018 Farm Bill. Back in 2014, ARC-CO was favored for corn (93% of program acres), soybeans (97% of […]

Tips for Small Grain Planting in an Odd 2019 Field Season
9/17/2019

Soon many producers will be starting to plant small grains.  Below is my “Top six” list of important things to consider when planting wheat and other small grains in the coming weeks. 1) Ensure that you remove green bridges at least 10 days prior to planting.  This season, prevent plant acres may have favored the development […]

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