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Market Commentary

Afternoon Comments 06/17


Soybean traders seemingly sold futures in response to the weekly Export Inspections report, since the result fell modestly below the low forecasts posted beforehand. Expectations for a quick finish to spring 2013 plantings probably weighed upon the complex as well. Firm soyoil prices mitigated the downward action, because palm oil strength in the Asian markets spilled over into other vegetable oil quotes. July soybean futures fell 4.0 cents to $15.125/bushel as Monday trading ended, while July soyoil climbed 0.36 cents to 48.84 cents/pound, but July soybean meal slipped $1.6 to $449.1/ton.
Market Info

Frogeye leaf spot resistant to strobilurins?

Source: J. Allen Wrather, University of Missouri  |   September 12, 2011
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A crop consultant working in southeast Missouri recently examined a soybean field that had many plants infected with frogeye leaf spot, and the field had previously been treated with a strobilurin fungicide. The fungicide should have stopped development of frogeye, but had not.

The consultant sent frogeye leaf spot-affected soybean leaves from this field to be tested for strobilurin fungicide resistance by Dr. Carl Bradley at the University of Illinois. Dr. Bradley isolated the pathogen from 10 different leaves and tested each for sensitivity to strobilurin fungicide.

He learned that the isolates collected from four leaves were sensitive to strobilurin fungicides, but the isolates from six leaves were resistant to strobilurin fungicides. This is the first confirmed finding in Missouri of this pathogen that is strobilurin resistant.

Farmers and consultants should observe soybean fields that have been treated with a strobilurin fungicide to determine if frogeye leaf spot is present and still spreading. If so, plants in the field could be treated with a fungicide other than strobilurin to stop the spread of this disease.

Current research results show that application of a fungicide to soybean plants at or past the R6 growth stage, when seeds are full sized, will not be as beneficial to yield as an application made at the R3 or R5 growth stages.


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