U.S. new-crop soybean and corn prices are expected to drop as much as $1-$2 per bushel below production costs in the coming months as near-record domestic output adds to bulging world supplies, industry officials said on Thursday.
Goss’s wilt of corn, caused by the bacterium Clavibacter michiganensis subsp. nebraskensis, has been confirmed in several fields in northeast Indiana in 2015, making these the most eastern confirmations of the disease in the state to date. The disease has also been detected in northwest Indiana this year.
With more growers looking to incorporate the use of technology in their fields to produce crops and increase yields, experts from the College of Food, Agricultural, and Environmental Sciences at The Ohio State University will offer a free workshop that focuses on technology and allows growers to ask questions about its use in agriculture.
Dow AgroSciences celebrated the opening of its new Seeds Research & Development (R&D) Field Station in Huron, S.D. A community open house was held at the new site to showcase the company’s new Field Research Station which includes an office building/seed processing building and a machine storage shed.
Over the past few weeks, Ohio State University researchers have been receiving calls, emails and texts about finding large caterpillars feeding on corn ears. In most cases, these are turning out to be Western bean cutworms.
Barring adverse growing conditions in late summer, farmers should have moved old-crop corn before basis widened and futures prices declined. As farmers in the northern three-fourths of Iowa look to harvest another large corn crop, old- and new-crop marketing strategies and grain storage decisions come into play.
December 2015 corn futures traded as much as $0.30 lower on August 12 following the USDA's surprisingly large yield forecast and closed $0.20 lower for the session. The price of that contract rallied about $0.15 in the following week, but started moving lower again late last week.
With so much attention focused on the nation’s corn struggling against Mother Nature, it’s time to focus on the states with the best corn conditions in the country.
According to the USDA, 69 percent of the nation’s corn is in good or better condition, unchanged from last week but 4 percentage points below last year’s progress. Of that, four states in particular – Iowa, Kentucky, Minnesota and Tennessee – are reporting high percentages of corn in these conditions:
In an effort supported by the National Corn Growers Association, the Monsanto Insect Management Knowledge Program awarded Dr. Felicia Wu, from Michigan State University, a grant for the proposal entitled “An Agent Based Model of Insect Adaptation to Transgenic Insecticidal Corn”.