Soybeans were higher on commercial and technical buying. Beans continued to bounce off the recent lows, watching U.S. planting and development weather. The USDA says 19% of U.S. soybeans are planted, compared to the five-year average of 11%. Brazil’s basis has moved higher due to slow farmer selling, which could help U.S. exports. Additionally, Argentina’s resumption of the “soy dollar” program hasn’t sparked a lot of interest. Last week’s soybean […]
The USDA says wet and cold weather conditions limited planting last week in Ohio. Ten percent of the state’s corn crop is planted, three percentage points ahead of the five-year average. Fourteen percent of soybeans are planted, nine percentage points ahead of the five-year average. Seventy-one percent of oats are planted, and 30 percent have emerged. Sixty-six percent of the winter wheat crop is rated good to excellent. ...
There’s been an uptick of wheat acres in Kentucky, according to Agronomist Chad Lee. “Because the fall was dry and farmers had opportunity to plant wheat, there are a few more acres that got planted,” he says. “But there’s also a lot of cover crop that went in too. And so, we’re going to find out in the next two weeks which of those fields were designed for grain and […]
The USDA says planting progress continued in Indiana last week despite cool conditions. Twenty percent of the state’s corn crop is planted, five percentage points ahead of the five-year average. One percent of the crop is emerged. Eighteen percent of soybeans are planted, nine percentage points ahead of the five-year average. Seventy-five percent of the winter wheat crop is rated good to excellent. ...
Michigan producers had a small window to continue fieldwork last week due to cold and wet weather conditions. The USDA says as of Sunday 2% of the state’s expected corn crop has been planted, behind the five-year average pace of 7%. Six percent of soybeans have been planted, near the five-year average of 7%. Twenty-one percent of the expected winter wheat crop has jointed, and 64% of the crop is […]
Jul. corn closed at $6.39 and 1/2, up 3 and 1/2 centsJul. soybeans closed at $14.54 and 3/4, up 10 and 1/2 centsJul. soybean meal closed at $435.30, unchangedJul. soybean oil closed at 51.55, down 6 pointsMay wheat closed at $6.03 and 3/4, down 16 centsJun. live cattle closed at $164.87, down 60 centsMay feeder cattle closed at $209.70, down $1.27May lean hogs closed at $79.30, down 35 centsMay Class III […]
Nebraska crops could use warmer and wetter conditions this spring. The USDA says 30 percent of the corn crop has been planted with only 1 percent emerged. Sixteen percent of soybeans have been planted, 3 percent ahead of the average. More than 84 percent of oats have been planted. Topsoil moisture is 78 percent short-to-very short and subsoil moisture is 83 percent short-to-very short. ...
U.S. soybean planting made a big jump over the past week. The USDA says 19% of the crop is planted, compared to 9% last week and the five-year average of 11%, with generally ideal conditions in parts of the Midwest and Plains canceling out weather-related delays in other areas. 26% of corn is planted, matching the usual pace, with 6% of the crop emerged, compared to 5% on average. 28% […]
A farmer in the Missouri Bootheel says the crops could use some sunshine. Aaron Porter tells Brownfield the warmer temperatures in the forecast are welcome for his irrigated corn and soybeans. “The corn is pretty pale and the soybeans look a little rough after the frost, but the roots and stems of soybeans are healthy.” Porter also grows cotton, but he says planting will not start until later this week […]
