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USDA - AMS: Shipping Point Vegetable Report, Import s - Miami, FL (2023-05-11)
Sections Return to News Categories ALL NEWS SECTIONS: View all news categories MOST POPULAR SECTIONS: Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News USDA - AMS: Shipping Point Vegetable Report, Import s - Miami, FL (2023-05-11) USDA U.S. Department of Agriculture - May 11, 2023 MIAMI Shipping Point Prices as of 11-MAY-2023 Provided by: Specialty Crops Market News Federal...
USDA - AMS: Shipping Point Vegetable Report, Import s - Miami, FL (2023-05-09)
Sections Return to News Categories ALL NEWS SECTIONS: View all news categories MOST POPULAR SECTIONS: Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News USDA - AMS: Shipping Point Vegetable Report, Import s - Miami, FL (2023-05-09) USDA U.S. Department of Agriculture - May 9, 2023 MIAMI Shipping Point Prices as of 09-MAY-2023 Provided by: Specialty Crops Market News Federal...
DTN Grain Close: Slide Lower as USDA Looks Ahead
©Debra L Ferguson Stock Images March contracts of corn, soybeans and all three U.S. wheats finished lower Thursday after USDA gave an early glimpse of what they expect for markets in 2020. The U.S. dollar index extended its gain for the year, trading at a new two-year high. Midday: Corn is flat to 2 cents lower at midday, soybeans are 1 to 2 cents lower, and wheat is 3 to 5 cents lower.
Lorsban Fading Away But Generic Chlorpyrifos Lives On (For Now) - DTN
Soybean Aphids Production of the insecticide Lorsban is ending, but its active ingredient, chlorpyrifos, is likely to remain on the agricultural landscape in the years to come. Corteva Agriscience took the industry by surprise when it announced in early February that it was voluntarily ending production of chlorpyrifos in 2020.
DTN Grain Midday: Markets Trending Lower
Barge traffic at a grain elevator on the Mississippi River. ©Debra L Ferguson Stock Photography Corn is flat to 2 cents lower at midday, soybeans are 1 to 2 cents lower, and wheat is 3 to 5 cents lower. CORN Corn trade is flat to 2 cents lower with range-bound trade continuing as we already marked trade at $3.80 for the 15th-straight session with spread trade remaining firm.
DTN Livestock Midday: Contracts Feeling Pressured
Photo: Texas AgriLife Extension Livestock contracts head lower as the market feels universal pressure, which is putting a damper on market’s short-term rally. General Comments All three livestock markets head lower Thursday morning as cash markets are unestablished this week and the board is feeling some pressure as the end of the week arrives. March corn is down 1 1/4 cents per bushel and March soybean meal is up $0.20.
DTN Cotton Open: Eases Off, Awaits Friday’s Export Sales
Cotton seedlings. ©Debra L Ferguson Stock Photography The cotton market has been the beneficiary of a record stock market, expectations for lower 2020 acres, and the possibility China will still emerge as a substantial buyer of U.S. cotton. Thus, the ICE Futures’ charts continue to look decent. Friday, USDA will issue its holiday-delayed export sales data. Of late, the market has seen record sales and shipments for the 2019/2020 season.
Horizon Ag: Manage Rice For Success In 2020
Rice harvest. ©Debra L Ferguson Stock Photography With rice planting time approaching in many areas of the South, now is the time to take steps to help make the coming season more productive and profitable. The following are considerations that should contribute to a successful year: Put at least some of rice acres in a new, top-performing variety suited to your areas.
DTN Cotton Close: Moderately Higher
The cotton market finished higher Wednesday as it continues to weigh the NCC’s fewer acres survey and the possibility of China returning back to work. That private acres survey speaks for itself and serves to set a momentary benchmark level for traders to watch. However, USDA will publish its official acres Intentions on March 29. Then the 2020 growing season will be filled with the normal fundamentals of weather and insects, which can add or subtract from production.
Farm Taxes: 7 Red Flags That Can Trigger Audits - DTN
Tax breaks commonly used by farmers and ranchers also tend to raise red flags with the Internal Revenue Service, increasing the likelihood of an audit. “In general, tax returns with enormous losses or with a big swing in income from one year to the next get a critical eye from IRS,” said Brent Bright, principal at KCoe Isom, based in Loveland, Colorado. But, sometimes, it’s a mismatch in the details of a return that draw attention.
Feed Grain Outlook: Offsetting Changes in Usage Leave Corn Stocks Unchanged
Corn harvest. Photo: Texas A&M AgriLife Total U.S. corn use is unchanged as 50 million bushels shifts from exports to ethanol. With total supply and use both steady, projected ending stocks remain unchanged at the lowest level since 2015/16. The season average price received by farmers is unchanged at $3.85 per bushel.
Oil Crops Outlook: Higher Global Imports Boost U.S. Soybean Export Prospects
USDA raises its forecast of 2019/20 soybean exports this month by 50 million bushels to 1.825 billion. With no other changes for U.S. soybean supply or domestic use, season-ending stocks for 2019/20 are forecast declining to 425 million bushels from 475 million last month. Even so, the rising level of global soybean supplies led USDA to trim its forecast of the 2019/20 average price by 25 cents this month to $8.75 per bushel.
Farmers Join Forces for Sustainability, Responsible Climate Policy
Global weather map. Photo: NASA The Twenty-one farm and ranch groups representing millions of U.S. farmers and ranchers are launching Farmers for a Sustainable Future (FSF), a coalition committed to environmental and economic sustainability. This coalition will serve as a primary resource for lawmakers and policymakers as they consider climate policies.
DTN Grain Close: Wheat Pulls Back, Soybeans Nudge Higher
Mature soybean pods ready for harvest. ©Debra L Ferguson One day after March Chicago wheat closed up 24 cents, the three U.S. wheats ended modestly lower Wednesday, while March soybeans stepped up with a 5-cent gain. Nearly all other commodities traded higher Wednesday, an unexpected sight as the U.S. dollar index traded near its highest price of 2019.
Multi-Farm ARC-IC Tool, Other Program Information
Severe early season hail damage to young corn. Photo: M. Snyder, Ohio State University Agricultural Risk Coverage at the Individual Level (ARC-IC) will make payments in 2019 for farms that are entirely prevented plant or farms with low yields. ARC-IC combines all Farm Service Agency (FSA) farms within a state for one individual payment entity consisting of all FSA farms enrolled in a state.
Arkansas Peanuts: Field Performance Results from Mississippi County
Peanut variety trial. Photo: University of Arkansas To assess field performance of multiple peanut cultivars in one of the major peanut growing counties in Arkansas, Mississippi County, an on-farm field trial was established. The cultivars (Table 1) were planted on May 15 at a seeding rate of 6 seed/ft of row. Plots consisted of two, 30-ft-long rows spaced 38-in apart separated by a 10-ft fallow alley. Seed was provided by Foundation seed in Alabama, Georgia, Florida, and Oklahoma.
Ag Trade: China Considering U.S. Farm Purchases by March
Flags of China and the United States of America. Photo: sldesign1 Chinese Farm Purchases Bloomberg News reported this week that, “China is considering making some purchases of U.S. agricultural goods by early March as a way to show it’s still committed to its phase one trade deal, according to people familiar with the matter.
Minnesota Webinar: Hot Topics in Weed Management - Feb. 27
Waterhemp in wheat stubble. Photo: Dave Nicolai, University of Minnesota With the multitude of crop herbicide resistant trait packages available, chemical weed management has become more complicated, especially as herbicide resistant weeds continue to cause management challenges. A good understanding of weed biology and trait package options along with results from field trials implementing chemical and non-chemical methods will help you get the most out of your weed management investment.
World Rough Rice Prices Increased
Rice harvest. ©Debra L Ferguson Stock Photography The Department of Agriculture’s Commodity Credit Corporation today announced the following prevailing world market prices of milled and rough rice, adjusted for U.S. milling yields and location, and the resulting marketing loan gain (MLG) and loan deficiency payment (LDP) rates applicable to the 2019 crop, which will become effective today at 7:00 a.m., Eastern Time (ET).
DTN Livestock Midday: Still Rolling Higher
Photo: Texas AgriLife Extension Livestock contracts are ambitious to trade higher yet again Wednesday and are so far successfully doing so. General Comments Live cattle contracts have dipped here and there throughout the morning, but the rest of the market seems pretty firm in the decision to trade higher. March corn is down 2 3/4 cents per bushel and March soybean meal is up $0.50. The Dow Jones Industrial Average is up 162.09 points and NASDAQ is up 92.72 points.
DTN Grain Midday: Weakness in Wheat, Corn
The Port of Rosedale - Rosedale, Mississippi - Mississippi River ©Debra L Ferguson Stock Photography CORN Corn trade is 2 to 3 cents lower at midday with trade continuing the recent pattern of higher and lower action as we traded $3.80 for the 14th-straight session. Ethanol margins are little changed with ethanol futures flat to start the week, with spring driving season and better blender margins getting closer and the weekly report delayed until Thursday.
DTN Cotton Open: Meekly Higher on China Hopes
Texas no-till cotton in corn residue. Photo: Larry Stalcup, AgFax Media After a somewhat disappointing close Tuesday, the cotton market is a tad higher Wednesday. Although the market saw positive news from the NCC’s survey indicating fewer 2020 acres, and China’s willingness to lift some import barriers to U.S. agriculture, the cotton market still could not add two-plus-two to get a bull move Tuesday.
DTN Grain Open: Soft in Turnaround Trade
The Port of Rosedale - Rosedale, Mississippi - Mississippi River ©Debra L Ferguson Stock Photography 6:00 a.m. CME Globex: March corn is down 1 1/4 cents per bushel, March soybeans are down 3/4 cent, and March KC wheat is down 7 cents. CME Globex Recap: Equity markets are mostly higher overnight, finding support from news China’s Ministry of Finance on Tuesday published a list of close to 700 American products that can qualify for tariff exemption applications.
DTN Livestock Open: Cattle Futures Expected to Churn Higher
Firm follow-through support during early-week trade is helping to sustain additional buyer support through cattle trade Wednesday morning. This underlying support is helping to build momentum through the complex.
Ag Credit: Conditions Remained Weak in 2019 4th Quarter - Federal Reserve
Last week, the Federal Reserve Banks of Chicago and Kansas City released updates regarding farm income, farmland values and agricultural credit conditions from the fourth quarter of 2019. And earlier this year, the Federal Reserve Bank of Dallas released its Agricultural Survey for the fourth quarter of 2019.
DTN Livestock Close: Markets See Steady Gains
Closing the day with another strong close helps keep the overall morale of the livestock markets high. GENERAL COMMENTS: All three sectors were able to close the day higher and secure more market position and interest through closing Tuesday. The feeder cattle and lean hogs markets were the most optimist, but the live cattle contracts weren’t far behind and look for higher cash prices later this week.
Minnesota Corn: Is Managing Nitrogen Becoming More Difficult?
Corn nitrogen application. Photo: University of Minnesota If farmers don’t have enough challenges lately with trade issues and low commodity prices, recent wet growing seasons have made nitrogen management of corn more difficult. While annual precipitation has been trending upward across Minnesota, excessive rainfall during the growing season has been especially pronounced in south-central and southeast Minnesota the last few years.
Alabama Cotton: Thrips Management Considerations for 2020
Thrips damaged cotton. Photo: University of Tennessee Thrips migrated from wild hosts unusually late in 2019 and in extremely high numbers. The peak movement into cotton occurred from mid-May to early June. This late movement was likely the result of an extended May to June drought that caused wild host plants to dry down rapidly following abundant moisture going into the spring season.
Growers Donate Peanut Butter to Federation of Virginia Food Banks
To honor March as National Peanut Month, the Virginia Peanut Board and Virginia Peanut Growers Association are again teaming with Peanut Proud to contribute peanut butter to the Federation of Virginia Food Banks, a partner state association of Feeding America. National Peanut Month is an opportunity to recognize the versatility of the humble peanut. From Virginia’s famous gourmet peanuts to inshells to peanut butter, a diverse variety of products are made from peanuts or use them as an ingredient.
Well Owners Urged to Be Aware of Potential Contamination from Flood Waters
As heavy flooding blankets the South this week, the National Ground Water Association is urging all private well owners to be aware of potential contamination of their wells due to floodwaters. NGWA’s wellowner.org provides crucial information to water well owners on best practices to protect their systems before and after flooding.
South Carolina Cotton: Price Swings, New Disease Put Strain on Growers
Cotton blue disease in field. Photo: Alabama Cooperative Extension One thing many farmers know for certain is that nothing is certain right now. During the South Carolina Cotton Growers Meeting held here recently, Clemson Extension economist Nathan Smith told growers that despite stable demand for cotton worldwide, fluctuations in yields, prices and international trade have the potential to create stress for both producers and users. “United States’ exports are projected to increase,” Smith said.
Midwest Soybeans: Improving Resistance to SCN - DTN
Soybean cyst nematodes on plant roots. Photo: South Dakota State University Imagine a soybean trait that could save many Midwest soybean growers up to $200 per acre — in the very first year it was planted. Greg Tylka has a surprise for you. It already exists. The Iowa State nematologist has spent decades tracking soybean cyst nematode’s (SCN) growing resistance to the most common source of genetic resistance in soybeans, PI 88788.
DTN Grain Close: Chicago Wheat Surges Higher
Photo: Kevin Hudson, Mississippi State University After three weeks of selling, which included some noncommercial liquidation, March Chicago wheat jumped back to life Tuesday, gaining 24 cents on the day and pulling the other two wheats and corn along higher with it. March soybeans ended down 1 1/2 cents, refusing to budge even after China’s government said it would start accepting applications for tariff waivers.
Oklahoma Wheat, Alfalfa: Army Cutworms Reported in Some Fields
Wheat field with army cutworms injury. Photo: Sug Farrington, Cimarron County Extension, Oklahoma Several people, including Lanie Hale, Rob Anderson, and Mike Rosen of Wheeler Brothers and Area Extension Agronomist Heath Sanders have reported possible army cutworm activity. These reports are based on direct observations and noticeable crow and blackbird “gatherings” in some wheat and alfalfa fields in areas of western Oklahoma.
Damaged Corn - Making The Best Of A Bad Situation? - DTN
Grain-quality issues that plagued the 2019 growing season continue to haunt farmers in 2020. The evidence can been seen in recent social media posts by farmers who are finding out-of-condition corn in their bins as they begin to move the grain. In many locations across the Corn Belt, the 2019 crop is proving difficult to store because of high levels of fines found in bins from damaged kernels.
Prepping Your Planter - A 10-Point Checklist - DTN
©Debra L Ferguson Stock Photography North Dakota State University (NDSU) researchers and Extension agents in 2015 studied stand variability in farmers’ fields over a wide range of conditions and locations. Their findings showed, even within a planter width, the most variable row yielded up to 9 bushels per acre less than the least variable row. “The most common cause of variability in this study was emergence date and not skips and doubles,” explained NDSU Extension Agronomist Joel Ransom.
Ag Trade: Coronavirus Cases Increase, But More U.S. Soybean Sales Expected
Wall Street Journal writers Wenxin Fan, Natasha Khan, and Chao Deng reported this week that, “New cases of the coronavirus rose sharply after Chinese authorities changed the criteria for diagnosing the illness, raising questions about how soon the outbreak will peak. “On Thursday, health officials in Hubei province, the epicenter of the infections, announced the largest one-day jump in cases—14,840 on Wednesday, about nine times the number of new cases a day earlier.
Hemp’s Prospects Stall Due To FDA’s Uncertainty? - DTN
Industrial hemp grown for CBD. Photo: Kansas State University The Food and Drug Administration’s uncertainty over how to regulate hemp, including warning letters to companies for selling products illegally, has diminished the interest of big companies in hemp food products and “frozen” processors’ access to capital, the president of GenCanna said Thursday at a Crop Insurance and Reinsurance Bureau seminar on hemp. GenCanna is a Kentucky hemp processor that filed for bankruptcy last week.
Federal Budget: How Does Ag Spending Look for 2020?
It being February, the political focus turned momentarily back to matters of budget and deficit. In late January, the Congressional Budget Office (CBO) released its updated baseline estimates for federal mandatory spending programs, as well as updated projections on federal deficits and debt. February also brings the annual release of the President’s budget proposal.
Louisiana Crops: Spring Burndown, Cover Crops and the Greenbridge - Podcast
Louisiana Crops: Spring Burndown, Cover Crops and the Greenbridge – Podcast February 18, 2020 Louisiana Delta Crop Podcast Highboy spraying pre-emerge or burndown herbicide. ©Debra L Ferguson Stock Photography R.L., Dennis, and Kylie pf the Louisiana Delta Crop Podcast start season 2 talking about what’s happening in Northeast Louisiana and upcoming events. Kylie discusses the greenbridge effect with the wet spring, burndown, and cover crops.
Value-Added Trade Vs. Gross Trade - A Different Ballgame
The rise of globalization has led to increasingly complicated supply chains. Raw materials and intermediate goods now move strategically throughout the world before a final good reaches the consumer. Traditional measures of trade often do a poor job of capturing this complexity. For example, when Mexico assembles a vehicle, only one-third of the vehicle’s value is derived from Mexican parts and labor.
USDA: Weekly National Peanut Prices
Photo: Clemson University The following prices are effective from Wednesday 02/19/20 at 12:01 am Eastern Time until midnight Tuesday 02/25/20. The next announcement is scheduled for Tuesday 02/25/20 at 3:00 pm Eastern Time. * $424.13 per ton for Runner peanuts * $416.70 per ton for Spanish peanuts * $430.94 per ton for Valencia peanuts * $430.94 per ton for Virginia peanuts These NPP are based on the corrected loan rates for 2019-crop peanuts announced on October 10, 2019.
Louisiana Soybeans: Prospects For Heavy Redbanded Stink Bug Pressure In 2020
Photo: Mississippi State University The 2019-20 winter season has delivered limited amounts of cold weather in Louisiana. As a result, the likelihood of stink bug infestations in soybean fields may increase in 2020. Temperatures at 32 degrees for a week or 23 degrees over a four- to seven-hour period are required to reduce redbanded stink bug (RBSB) overwintering populations. This winter has seen very few hours at those temperatures.
Conservation Reserve Program Signup Deadline Approaches
Texas A&M AgriLife Communications photo by Kay Ledbetter The U.S. Department of Agriculture reminds agricultural producers interested in the Conservation Reserve Program (CRP) 2020 general signup that there is less than two weeks before the enrollment deadline of February 28, 2020. This signup is available to farmers and private landowners who are either enrolling for the first time or re-enrolling for another 10- to 15-year term.
Louisiana Corn: Dealing With Early Insects Before, During and After Planting
Highboy spraying seedling corn. ©Debra L Ferguson Pre-plant pest management decisions Burndown herbicides typically are applied 30 to 45 days prior to planting crops. Complete control of all weed species within in the field and on the surrounding field borders is necessary to eliminate alternate host plants of insect pests. Fields should be scouted at the time of planting to ensure the seedbeds are essentially weed-free.
DTN Grain Midday: Wheat, Corn Move Higher
Mississippi River Port - Grain Elevators, Rosedale, Mississippi ©Debra L Ferguson Corn is 3 to 4 cents higher at midday, soybeans are narrowly mixed, and wheat is 7 to 15 cents higher. CORN Corn trade is 3 to 4 cents higher at midday to open the week, with trade extending the streak of hitting $3.80 during the session to 13 in a row with the early buying. Ethanol margins are little changed with ethanol futures flat to start the week.
DTN Livestock Midday: Keeping the Ball Rolling
©Debra L Ferguson Stock Photography Livestock contracts open the week with a strong push to keep the market trading higher. General Comments Maybe the secret this week was having Monday off? Regardless of what the trick was, livestock contracts have been able to keep the market trading higher and cash markets are expected to perform well this week too. March corn is up 3 1/2 cents per bushel and March soybean meal is up $1.40.
DTN Cotton Open: Higher on NCC Survey, China Bank
Tuesday morning the cotton market reached its highest price point since January 31. Over the weekend the NCC, meeting in New Orleans, released its membership acres survey which showed a 5.5% potential decline for 2020 acres. Based on historical abandonment numbers, the 2020 crop is projected to be some 19.80 million bales. In addition, China’s central bank announced further monetary steps to ease the financial pains of COVID-19 to the Chinese economy. This move is seen as being more inflationary.
USDA’s Climate Change Stance Ignores Sustainable Ag’s Positive Potential - Commentary
USDA recently announced that “Sustainable Ag Intensification” and “Ag Climate Adaption” were included in a 5-year blueprint. That interested us. The announcement came from Scott Hutchins, Agriculture’s Deputy Under Secretary for Research, Education, and Economics, and those focus points were among five in the plan. In the last decade we have seen a number of weather-related events that affect agriculture and are consistent with what we would expect as a consequence of global climate change.
Hubbs on Grain: 2020 Soybean Price Prospects
Mature soybean pods ready for harvest. ©Debra L Ferguson Soybean prices put in a moderate rally last week. An outlook for a large South American soybean crop and uncertainty of the impact on economic growth associated with the evolving coronavirus situation hang over U.S. soybean demand scenarios moving forward. Expanding soybean acreage in 2020 looks to test the prospects for lower ending stocks despite stronger Chinese buying.
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