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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

Many green cloverworms appearing in soybeans

Doug Johnson, University of Kentucky  |   September 10, 2012
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There are some unusually large populations of green cloverworms on soybeans scattered around the state. This is a very common insect in soybeans which always has the potential for economic damage, but very rarely causes economic damage. The populations I have seen thus far are not at the economic threshold, but were much larger than I am used to seeing. It makes sense to look at your soybeans, especially late planted or slow developing beans.

Green cloverworm caterpillar on soybean stem. Green cloverworm is easy to find and easy to identify. These worms are light green with two thin white stripes along each side of the body. When fully grown, these slender worms are 1” to 1-1/2“ long. They have only three pair of prologs in the center of their body. Most of the other caterpillars in Kentucky-grown soybeans have either 4 or 2 pair of prolegs. Green cloverworm will become very active, wiggling and looping when disturbed.

These pests are foliage feeders. They will strip the leaf tissue from between the veins leaving the veins, petioles and stems behind like a skeleton.

It takes a great many of these caterpillars to cause an economic problem. Economic threshold (ET) depends not only upon the number of green cloverworms, but also on the stage of the plants, the value of the beans, and the cost of treatments. ETs may be found in:

IPM-3, KY IPM Manual for Soybeans at: http://www.uky.edu/Ag/IPM/manuals.htm and

ENT- 13, Insecticide Recommendations for Soybeans at: http://pest.ca.uky.edu/EXT/Recs/welcomerecs.html

These insects are not very hard to kill. It is most important to detect them before they reach threshold and determine if control is needed. If you find them only after the damage has been done, you can kill them, but you can’t put the foliage back on the plants!


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