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

Afternoon Comments 05/24


Wheat futures were probably ripe for pre-holiday profit taking Friday after having surged Wednesday and Thursday. Traders were simply less willing to hold onto positions ahead of the three-day weekend. That seemed especially true with the equity markets under substantial pressure throughout the early going. July CBOT wheat futures declined 5.75 cents to $6.975/bushel to end the week, while July KCBT wheat plunged 7.75 cents to $7.4575, and July MGE futures fell 6.75 cent to $8.0575.
Market Info

North Dakota wheat yield looks promising

North Dakota Wheat Commission  |   July 30, 2012
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The Wheat Quality Council's spring wheat tour wrapped up on July 26 and it appears the state's wheat crop should fair much better than 2011.

More than 75 participants in 17 vehicles took various routes across the state and into western Minnesota and northern South Dakota, stopping at fields to assess the crop and calculate yields.

After three days of scouting fields, the group came up with an overall average of 44.9 bushels per acre for HRS, 42.4 for durum and 45.8 for HRW. This year's spring wheat estimate of 44.9 compares to tour's estimate of 41.1 in 2011 and the final USDA yield of 30.5. Last year hot, dry conditions reduced yield on the late developing crop, while this year's earlier planted crop seems to have avoided significant damage. The group also reported seeing very little disease pressure.


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