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Market Commentary

Afternoon Comments 05/22


Although active farmer selling has reportedly eased the old crop soybean situation somewhat lately, soy futures proved quite firm again Wednesday. That probably reflected strength spilling over from the corn market, as well as reported firmness in the Asian palm oil markets Tuesday night. Traders of nearby meal futures may be expecting recent farmer sales to accelerate the crush, thereby limiting soymeal gains. July soybean futures surged 16.0 cents to $14.9425/bushel Wednesday afternoon, while July soyoil gained 0.16 cents to 49.64 cents/pound, but July soybean meal rose $1.9 to $440.6/ton.
Market Info

Findings about manganese in soybean production

Edited from DuPont Pioneer  |   December 3, 2012
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Manganese can do soybeans a lot of good in many situations, according to field projects and trials by DuPont Pioneer agronomists. Keith Diedrick, area agronomist, provided a lengthy write-up of findings and recommendations. A short summary of what he wrote is included here.

Summary

  • Soybeans are more often deficient in manganese than in other micronutrients, and respond well to manganese fertilizers when deficient.
  • Manganese is more likely to be deficient in sandy soils, dry soils, high organic matter soils, and soils with high pH levels.
  • Fields with manganese deficiency are seldom affected uniformly. Manganese deficiency symptoms may also vary from field to field, and are strongly tied to soil properties.
  • Plant tissue analysis is the best tool for confirming a manganese deficiency. Randomly select a number of plants, picking the youngest fully-opened trifoliate from each.
  • To correct manganese deficiencies, a number of manganese sources may be used, with preference to chelated forms of manganese (as opposed to salt forms) supplied by foliar application.
  • To avoid weed control efficacy and nutrient absorption issues when tankmixing with glyphosate:
    • Use the label-recommended rate of spray-grade ammonium sulfate (usually 8.5 to 17 lb per 100 gallons) in the carrier, and
    • Add the products in the correct order: 1) water, 2) AMS, 3) glyphosate, 4) chelated manganese (EDTA preferred).

To read the whole article with explanation of the summary click here to reach the Pioneer website content.


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