An ag economist says corn and soybean futures will be monitoring the energy markets in the short-term. Allendale’s Greg McBride tells Brownfield the conflict with Iran has caused crude oil to have some volatility. “When it comes to corn, beans, wheat or anything like that, at this time of the...
Ohio State’s soybean and small grains agronomist says early season weather challenges have some farmers considering their replant options. Laura Lindsey says overall, it’s been a hard year. “Some farmers were able to take advantage of some good planting in April, but the month of May was extremely wet across...
Darin Newsom discusses mixed grain and livestock markets, attributing crude oil support to Middle East tensions and explaining gold's rally due to global distrust in the U.S. dollar, while noting financial indices appear toppy and grain markets remain range-bound due to ample supply and a lack of significant weather issues, with wheat seeing a slight pop from short covering and hail concerns.
Corn futures are trading with 2 to 5 cent gains on Friday, in a seemingly reluctant (compared to other grains) pop into the weekend. The front month CmdtyView national average Cash Corn price is up a nickel at $4.20. Crude oil is backing off the overnight highs, with gains of...
The USDA made modest adjustments to domestic ending stocks projections for grains and oilseeds. Old crop corn ending stocks were down 50 million bushels from May at 1.415 billion bushels due to an increased export guess, which also pulled new crop stocks 50 million bushels lower to 1.75 billion. The...
An extension crops educator is encouraged with how Minnesota crops are rebounding from May weather challenges. Dave Nicolai with the University of Minnesota says corn, soybeans, small grains and sugarbeets endured abnormally warm conditions in early May, followed by cool, wet weather. “The corn looked and appeared very yellow, probably...
A small grains breeder at the University of Illinois says new studies show investment into wheat research is paying off. Dr. Jessica Rutkoski says modern wheat varieties are improving. “We’re every year getting better and better and through our breeding efforts the yield has been improving within our program by...
A small grains breeder at the University of Illinois says results from this year’s Illinois Wheat Association annual winter wheat tour are encouraging. “No news is good news. We didn’t really see anything out of the ordinary.” Dr. Jessica Rutkoski says despite weather challenges the tour of roughly 20 southern...