AgProfessional Magazine

AgProfessional magazine is a monthly magazine that provides editorial and advertising for agronomic and business management solutions specifically to agricultural retailers/distributors, professional farm managers and crop consultants.

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The latest news and information of specific interest to farm managers, crop consultants, ag retailers and the ag industry professionals serving them is delivered weekly on Monday in this e-newsletter.

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News specific to inform, educate and assist ag retailers is delivered in this e-newsletter weekly each Thursday. Circulation is limited to only ag retailer/distributor management and employees.

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Market Commentary

Closing Comment 02/03


Wheat futures were mostly lower on Friday. Winter wheat markets were pressured by profit-taking after the strong gains earlier this week. The market was supported this week by concern about winterkill to the winter wheat crop due to cold temperatures in eastern Europe and Russia. But moderating temperatures have eased the concern for now. CBOT March ended 2 cents lower at $6.60 3/4, KCBT March was 5 cents lower at $7.12 3/4 while MGE March was 2 1/2 cents higher at $8.38 1/2.
Market Info

Latest News

Huskie Complete herbicide registered by EPA

02/02/12

The U.S. Environmental Protection Agency approved the sale of Huskie Complete herbicide for post-emergence use on spring wheat, winter wheat and durum, Bayer CropScience announced.

Wheat groups want open U.S.-Canada border

02/01/12

Signaling a desire for more market efficiency, the boards of directors of the National Association of Wheat Growers (NAWG) and U.S. Wheat Associates (USW) each passed a resolution on Jan. 29 calling for an open border with Canada that provides reciprocal bilateral wheat trade.

Global warming’s impact underestimated

01/31/12

A Stanford University researcher says the world’s crop models may have underestimated the impact of global warming on global wheat yields.

Extreme heat hurts wheat yields as world warms (01/31/12)

Soil temps reach critical point for winter wheat (01/30/12)

Topdressing wheat with nitrogen (01/30/12)

U.S. wheat at 3-week top on weak dollar, supply fears (01/26/12)

Summit to focus on herbicide-resistant weeds (01/23/12)

Update on Southern Plains winter wheat conditions (01/19/12)

Global wheat glut could pressure prices (01/18/12)

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Commodity Info

Charts

Markets

Southern Minnesota Grain Prices (02/03/12)

Grain Prices @ Illinois Interior Country Elevators (02/03/12)

Interior Iowa Elevator Grain Prices (02/03/12)

Minneapolis Daily BASIS Report (02/03/12)

CO/NE/WY Elevator Grain Bids (02/03/12)

Montana Cash Grain Prices (02/03/12)

Export Grain Bids (02/03/12)

Kentucky Daily Grain Elevators, Open Bids (02/03/12)

South Carolina Closing Grain Bids (02/03/12)

North Carolina Grain (02/03/12)

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Key Reports/Outlook

Global stocks are projected at near-record high (01/17/12)

World wheat production projected higher (01/17/12)

Current US winter wheat crop conditions better than 2011 (01/17/12)

Domestic wheat situation and outlook: 2011-2012 supplies (01/17/12)

Projected US ending wheat stocks down slightly (01/17/12)

Grain Stocks: All wheat stocks drop 14 percent (01/12/12)

Domestic wheat: 2011/2012 supplies (12/13/11)

Projected wheat exports lowered this month (12/13/11)

World wheat ending stocks prospects up 3% (12/13/11)

Key competitors’ wheat production boosted this month (12/13/11)

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