Soybeans, corn drift lower, watching weather
Soybeans were lower on profit taking and technical selling. The USDA’s national crop rating held, and development is close to normal, but some areas need rain to meet the USDA’s record yield projection. Near-term forecasts generally have scattered rain in parts of the Midwest and Plains. Mexico bought 228,606 tons...
3 Defensive Stocks That Can Weather Any Recession
Dividend stocks are often considered safe haven or defensive stocks that can safeguard a portfolio in turbulent times.
Nat-Gas Prices Plunge on Cooler Weather Forecasts and Higher US Production
September Nymex natural gas (NGU25 ) on Tuesday closed down -0.124 (-4.29%). Sep nat-gas prices on Tuesday plunged to a 9.25-month nearest-futures low and settled sharply lower on forecasts for cooler US weather and the outlook for higher US nat-gas production. Forecaster Atmospheric G2 said Tuesday that forecasts shifted cooler...
Coffee Prices Soar on Dry Brazilian Weather and Tighter US Supplies
September arabica coffee (KCU25 ) on Tuesday closed up +12.60 (+3.67%), and September ICE robusta coffee (RMU25 ) closed up +255 (+6.14%). Coffee prices extended their sharp two-week-long rally Tuesday, with arabica coffee posting a 2.25-month high and robusta posting a 2-month high. Weather concerns in Brazil are underpinning coffee...
Brazil Weather Concerns and Tighter US Supplies Boost Coffee Prices
September arabica coffee (KCU25 ) today is up +6.35 (+1.85%), and September ICE robusta coffee (RMU25 ) is up +168 (+4.04%). Coffee prices are sharply higher today, with arabica coffee posting a 2.25-month high and robusta posting a 2-month high. Weather concerns in Brazil are underpinning coffee prices. On Monday,...
New Ag Climate Dashboard designed to help farmers make management decisions
A climatologist at the Midwestern Regional Climate Center says a new weather-related tool could help improve the bottom line for farmers and ranchers. Austin Pearson says the Ag Climate Dashboard houses different digital tools that support various management strategies. “What this dashboard is hoping to do is to shed light...
Brownfield Ag Weather Today
Hurricane Erin, centered some 700 miles south-southeast of Cape Hatteras, North Carolina, should pass between Bermuda and North Carolina’s Outer Banks on Thursday. However, Erin’s outer rain bands and large wind field should result in mid-week rainfall totaling as much as 1 to 4 inches in coastal North Carolina, along...
Regular insurance checkups are important
Weather, commodity prices, and the cost of fertilizer are not the only constantly changing things on the farm. For many, so is the inventory. Jason Munson with Rural Mutual Insurance says that’s why farmers and ranchers need to do regular reviews of their insurance coverage. The post Regular insurance checkups...
71% of U.S. corn, 68% of soybeans good to excellent
The USDA’s crop condition rating changes were mixed over the past week. Weather was mixed in many key U.S. growing areas, ranging from hot and dry, to cold and wet, to nearly ideal, even varying widely during the course of the week in parts of the region. The USDA says...
Mixed Monday for soybeans, corn, wheat
Soybeans were mixed. Near-term development weather looks mostly non-threatening to favorable as major crop tours start to blanket key U.S. growing areas. The USDA says 68% of U.S. soybeans are in good to excellent shape, unchanged on the week, with 95% blooming and 82% at the pod setting stage, matching...
Fungicide timing is key
Purdue University Extension’s corn specialist says disease is spreading rapidly across the state. Dan Quinn says recent weather patterns are impacting fungicide efficacy. “We’re starting to see now where some of these fungicides worked well, now they’re running out of activity and that disease is picking back up,” he says....
An active Summer pattern for much of the Heartland; heat centered on much of the Plains
Across the Corn Belt, active weather continues across the upper Midwest, where weekend thunderstorms resulted in scattered wind and hail damage. Meanwhile, a sharp north-to-south temperature gradient exists across the Midwest, with Monday’s high temperatures expected to range from 70°F in the vicinity of Lake Superior to near 95°F in...
A much cooler, drier air mass ahead for much of the Heartland; showers to linger on the Plains
Looking ahead, the 6- to 10-day outlook calls for the likelihood of above-normal temperatures throughout the western and southern U.S., while cooler-than-normal conditions will cover the Midwest and interior Northeast. Meanwhile, near- or above-normal rainfall across much of the country should contrast with drier-than-normal weather in portions of the Great...
Mixed soybean aphid pressure across southern Minnesota
Soybean aphid pressure is spotty across southern Minnesota. Syngenta agronomist Tim Dahl says hot weather has helped limit populations. “I would say western Minnesota probably has more aphids. That’s kind of the spot.” University of Minnesota Extension crops educator Dave Nicolai tells Brownfield wet, humid conditions have also contributed to...