Market News
Grain Futures Rallied to Start the Week, Will it Last?
AgWeb4 minutes ago
Corn Slightly Lower To Start Tuesday
Barchart14 minutes ago
Corn is showing fractional to 1 ½ cent losses to start your Tuesday. Futures were up 3 to 6 ¾ cents on a combination of factors including damage to the Pivdennyi port facilities in Ukraine, and strong export inspections because Brazilian shipments will be limited between now and winter crop...
Soybeans Pulling Back to Start Tuesday Trade
Barchart14 minutes ago
Overnight trade in the bean market has futures 2 to 3 cents lower Soybeans were up 8 ½ to 11 ¾ at the close on Monday. Soymeal was up 60 cents to $2.10 on the day to support beans via higher product values. The real support was from Soy Oil...
Cattle Look to Tuesday Trade After CoF Dust Settles
Barchart14 minutes ago
Live cattle ended Monday with contracts up $2.35 to $3.20 in reaction to a friendly USDA Cattle on Feed report. Cash action was negligible on Monday, but had picked up on Friday, with some $183-184 live and $292 dressed action reported in the North, steady to down $1 from the...
Wheat Extending Higher Following Weaker Conditions
Barchart14 minutes ago
The wheat market is trading higher across all three exchanges this morning. They led the grain rally on Monday. Chicago contracts were up 10 to 21 cents across the board. Kansas City futures were 16 ¼ to 20 ¼ cents higher on the day. MPLS spring wheat posted lighter gains,...
Hogs Looks to Tuesday Session
Barchart14 minutes ago
Lean hogs eked out some gains on Monday, with contracts steady to $1.20 higher across the board. USDA’s National Average Base Hog negotiated price was up $1.82 in the Monday afternoon print, at $90.31. The CME Lean Hog Index was back down 11 cents higher at $91.35 on April 18....
Cotton Leaking Lower
Barchart14 minutes ago
The cotton market is down 11 to 28 points in early Tuesday trade. Cotton saw a bit of a dead cat bounce on Monday, as contracts were up 29 to 140 points after reaching new multi-month lows last week. The US cotton crop was 11% planted as of April 21...
Chart of the Day: SkyWest - Flying High to an All Time High
Barchart44 minutes ago
The Chart of the Day belongs to the regional airline SkyWest (SKYW) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature...
Genetic code determining cotton leaf shape gets cracked
Thu Dec 29, 2016
The researchers describe how they manipulated the genetic code to alter the shape of a cotton plant's leaves in potentially beneficial ways in this Southeast Farm Press article.
Cotton acreage to increase in LRGV for 2017
Thu Dec 29, 2016
Cotton is making a comeback in the Rio Grande Valley in 2017, spurred in part by new cotton technology. Read more on the comeback from this Southwest Farm Press article.
Farm financial management in challenging times
Thu Dec 29, 2016
As long as corn prices are projected to be below $4.00 per bushel, net incomes on Illinois grain farms will be relatively low. It is highly likely that below $4.00 corn will continue for the crop harvested in 2016. Unless a large shortfall occurs someplace in the world, below $4.00 corn likely will...
Headwinds to ag outlook remain despite strength in exports
Thu Dec 29, 2016
Some agricultural commodity prices in the U.S. got a boost from exports over the summer, but elevated exports seemed to only keep prices for some commodities from dropping further. Low commodity prices in late 2016 have put downward pressure on farm income, credit conditions, such as repayment rates...
IFES 2016: Crop & livestock price prospects for 2017
Thu Dec 29, 2016
Crop prices remain well below the record levels of 2010 through 2013 as U.S. and world supplies remain abundant, even with a shortfall in South American corn and soybean production in 2016, commodity demand also continues to suffer from prolonged slow economic growth in much of the world. Read more...
Setting up variable rate seeding
Wed Dec 28, 2016
Is it time to reduce seed costs by adopting variable-rate seeding? This practice has been accepted in corn, but instead of lowering the rate you push up the rate in areas with high yield potential. Well, in soybeans you do the opposite. Read more on setting up variable rate seeding from this ILSoyAd...
Trapping phosphate with gypsum
Mon Dec 26, 2016
It's time to think about applying gypsum in the fall to build soil structure while trapping phosphate on the landscape so it doesn't end up moving off the field into surface waters. Read more on the approach from this ILSoyAdvisor.com article.