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Market Commentary

Afternoon Comments 05/17


Continuing tightness of old crop supplies apparently sent nearby soybean futures sharply higher Friday despite the negative export demand implications of the rallying U.S. dollar. The greenback advance may also increase the chance of soybean imports during the days and weeks ahead. Deferred futures also rose despite the prospect of rainy Corn Belt weather over the weekend (and, ultimately, the potential for late-season switching to soybean plantings). July soybeans jumped 21.0 cents to $14.485/bushel at its Friday close, while July soyoil was steady at 49.52 cents/pound, and July soybean meal leapt $10.2 to $425.1/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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