The USDA says widespread rainfall helped row crops last week in Ohio. Corn emergence is nearly complete, and 61 percent of the crop is rated good to excellent. Soybeans are 95 percent emerged with 61 percent rated good to excellent. Winter wheat is rated 52 percent good to excellent with 35 percent of the crop mature. The second cutting of alfalfa hay is 11 percent complete, and the second cutting […]
Kentucky corn and soybean conditions have declined significantly as rainfall remains below average. Corn dropped to 59% rated good to excellent. Soybeans are 80% planted, with 79% emerged, and 65% rated good to excellent. Late-planted soybeans have struggled as soils are dry and hard. Winter wheat is 20% harvested and 78% mature with 67% of the crop rated good to excellent. The tobacco crop is 89% set and 84% is […]
Jul. corn closed at $6.43 and 3/4, up 3 and 1/2 centsJul. soybeans closed at $14.77 and 1/4, up 10 and 3/4 centsJul. soybean meal closed at $412.80, down $3.60Jul. soybean oil closed at 59.63, down 6 pointsJul. wheat closed at $6.95 and 3/4, up 7 and 3/4 centsAug. live cattle closed at $169.70, down $2.02Aug. feeder cattle closed at $232.15, down $2.77Jul. ...
Rainfall has delayed winter wheat harvest across Kansas. USDA says eight percent of the state’s crop is in and 16 percent is rated good-to-excellent. Corn condition is rated 57 percent good-to-excellent with 99 percent of the crop emerged. Soybeans are 65 percent good-to-excellent with 80 percent up. Pasture and range conditions 34 percent good-to-excellent. Topsoil moisture is rated 67 percent good-to-excellent and subsoil moisture is 50 percent good to excellent. […]
The USDA says timely rainfall helped stabilize crop conditions last week in Indiana as emergence for corn and soybeans neared competition. Fifty-six percent of the state’s corn crop is rated good to excellent. Fifty-seven percent of soybeans are rated good to excellent. Winter wheat is rated 73 percent good to excellent with 61 percent of the crop mature and eight percent harvested. The second cutting of alfalfa hay is eight […]
Crops across Nebraska could use some relief from on-going drought. USDA says corn condition is rated 59 percent good-to-excellent with 97 percent emerged. Soybeans are 50 percent good-to-excellent with 89 percent of the crop emerged. Winter wheat is rated 39 percent good-to-excellent. Pasture and range conditions are rated 35 percent poor-to-very poor. Topsoil moisture is 39 percent adequate to surplus and subsoil moisture is 29 percent adequate and zero percent […]
An ag economist says farmland values are holding strong across the Corn Belt. Creighton University’s Ernie Goss tells Brownfield prices have been higher despite weaker grain markets and high interest rates. “Bankers, when you ask them about it, they’re not expecting farmland price growth nearly as strong for the rest of 2023 as they did in the same period last year. But as we talk today, it’s still pretty much […]
An ag economist says there’s some optimism in the rural economy despite high interest rates. Ernie Goss with Creighton University says the latest Rural Mainstreet Index rose to its highest level since May 2022. “Things are growing in the rural Mainstreet economy based upon agriculture, energy, and some other areas,” he said. “Certainly, the concern out there right now is rate hikes.” The index is a survey of ag bankers […]
A livestock economist is urging cattle producers to take a hard look at risk management strategies as dry weather fuels more volatile corn and soybean markets. University of Missouri’s Scott Brown says the weather in Iowa, Illinois, and Indiana this summer will matter. “In terms of where prices go,” he says. “But if we get rain in those states, I think we know the direction of prices for corn and […]
