According to the USDA’s Weekly Export Sales report, corn net sales of 618,900 metric tons (MT) for 2013-2014 were up 15 percent from the previous week, but down 30 percent from the four-week average.
Maintaining adequate levels of rhizobia organisms in the soil can help increase nitrogen (N) fixation, potentially leading to higher yields, according to DuPont Pioneer agronomy experts.
There has been a great deal of interest in recent months in the idea of using nitrogen fertilizer during the growing season to increase soybean yields. This is somewhat surprising given that there has been so little evidence from published and unpublished reports showing that this practice increases yields.
How many acres of soybeans are needed? (04/22/14)
Weekly National Grain Market Review (04/18/14)
South Carolina Grain Weekly Review (04/18/14)
Mississippi Daily Grain Report (04/18/14)
Interior Iowa Elevator Grain Prices (04/17/14)
Kentucky Daily Grain Elevators, Open Bids (04/17/14)
Montana Cash Grain Prices (04/17/14)
Grain Prices Illinois River Barge Points (04/17/14)
Kentucky Daily Barge Report (04/17/14)
Exports: Corn net sales (finally) climb (02/27/14)
Exports: Corn net sales plummet 46 percent (02/21/14)
USDA: Corn sales tumble 25% from last week (02/13/14)
WASDE: Corn prices to stay under $5 (02/10/14)
USDA: Corn net sales dip slightly (02/06/14)
Export sales: Corn tumbles 16 percent (01/24/14)
USDA: Corn sales start 2014 steady (01/09/14)
Corn exports slowly creep higher (12/19/13)
$4.75 corn in 2014? USDA thinks so (12/10/13)
Afternoon Comments 04/24
The soy complex posted a late comeback. The soy industry apparently thinks the old-crop situation will ease as Chinese traders default on previous purchases and South American beans flow into the U.S. New-crop futures slipped Thursday morning, which may have reflected suspicions that delayed corn plantings will boost acreage planted to beans. However, bearish traders’ inability to push the complex significantly lower seemingly opened the door to a pragmatic/technical bounce late in the day. May soybeans bounced 3.5 cents to $14.72/bushel as trading ended Thursday, while May soyoil rose 0.09 cents to 42.59 cents/pound, and May soymeal edged up $2.1 to $480.2/ton.