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Market Commentary

Afternoon Comments 05/24


Corn futures performed well early this week, especially in the wake of the bearish Crop Progress report released Monday afternoon. Thus, it was not terribly surprising to see prices dip Friday morning, since lots of traders were probably moving to the sidelines before the long holiday weekend. Resurrected talk of rainfall over the northern Plains and the Great Lakes region may have supported deferred futures. July corn slipped 4.75 cents to $6.5725/bushel at its Friday close, while December bounced 1.75 cents to $5.365.
Market Info

Poor pollination leads to mold growth in corn

Jennifer Stewart, Purdue University  |   September 10, 2012
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Indiana corn farmers are seeing high incidences of a specific mold in their fields this year after a season-long drought hindered the crop's pollination.

Smut, a gray, moldy growth on corn ears, is present in Indiana cornfields every year, but rarely at the level of 2012.

"Researchers have debated about what conditions favor smut development, but it is reported that poor pollination, dry weather and warm temperatures can increase smut development," said Kiersten Wise, Purdue Extension plant pathologist. "That certainly fits the conditions experienced during the majority of the 2012 growing season."

Smut is caused by the fungus Ustilago maydis, which overwinters in crop residue and soil for several years. It tends to infect stressed leaf tissues, typically through wounds caused by hail or insect feeding. Smut also infects ear kernels through silks. Tassels and nodes also can be infected.

"Once tissue is infected, the fungus causes plant cells to divide and expand, which results in the diagnostic white 'galls' that we see with smut," Wise said. "Mature galls are filled with dark spores that may break open and leave a powdery residue on surrounding tissue."

Even with the abnormally high incidence of smut, it doesn't affect yield. And while seed and foliar fungicides aren't effective against the disease, there are some other management options in the off-season.

"Management options include tillage and rotation to reduce the amount of debris that harbors the fungus, promoting proper corn fertilization and limiting wounding of corn by mechanical equipment," Wise said.

Smut is non-toxic and often grown to be consumed as a delicacy. However, Wise cautioned against harvesting and eating the galls from just any cornfield - especially once they start to turn black.

She also said corn growers and farm workers with lung ailments or mold allergies, and those undergoing immune-compromising medical treatments, need to be cautious during harvest, including wearing mold-rated respiration masks.


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