Grain markets this fall are suggesting producers should store their corn and soybeans. The question is whether storage is going to pay off.
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USDA’s National Agricultural Statistics Service mailed the annual Row Crops County Agricultural Production Survey earlier this month, one of the agency’s larger surveys that queries more than 8,900 Kentucky farmers about acres planted, acres harvested and production for their 2017 corn, soybeans, hay and tobacco crops.
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The August and September Crop Production reports disappointed market bulls as expectations were that a less than perfect growing season would produce trend-line or below-trend yields. The potential of a smaller crop would then allow stocks to decline and provided a needed boost to market prices.
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Recent rains partially flooded several soybean fields across Kentucky. The risk of damage to soybeans is more of a concern for green plants. Soybeans that were brown or tan are less likely to be damaged. The following are some general comments.
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The Kentucky Soybean Board partnered with the University of Kentucky College of Agriculture, Food and Environment to develop an app to help soybean producers accurately calculate and compare the price offered by elevators, with consideration to delivery costs and high-moisture penalties for harvested grain.
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High corn and soybean yields, a large carryover from 2016 and transportation challenges have combined to put pressure on grain markets this fall. Many farmers are looking at every available storage option.
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The U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) released the August Crop Production report today, showing the soybean production is forecast to be 10 percent higher than 2016. Corn and hay production reports also available.
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Kentucky grain farmers are harvesting corn and are getting to the point where they will decide if and how much wheat they will plant this fall. The main changes this year are a modest increase in wheat prices, a small increase in soybean prices, and a slight decrease in nitrogen prices. These changes will make planting wheat more attractive relative to last year.
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On September 8, during a visit to a commercial soybean farm in McLean County, we found plants with tunnels in their stems caused by the Dectes stem borer. Dectes tunnels were found on 40% of border plants and 55% of inner plants (greater than 250 feet from the field edge).
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With soybean rust being observed in late August in Giles County, Tennessee (south-central TN), and with Hurricanes Harvey and Irma potentially carrying and depositing spores of the soybean rust fungus in Kentucky, the detection of soybean rust in Kentucky this year is eminent.
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New soybean disease resources.
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The latest resources regarding ear rot and mycotoxins.
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Several issues in soybean can cause leaf tissue to turn yellow and brown between the veins, while the veins remain green. These symptoms are known as interveinal chlorosis and necrosis. This article describes some of the diseases and disorders currently causing interveinal chlorosis and necrosis in Kentucky soybean fields.
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Like all agricultural practices there can be drawbacks if a cover crop is not managed properly. As we quickly approach the time to plant cover crops let’s look at how to gain the benefits of cover crops and avoiding the situation of a cover crop becoming a pest or introducing a pest.
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Almost 25% of the corn harvested in Kentucky will be sold in January, the largest of any month. Therefore, it is important to know the cost for drying and storing corn to ensure the cash price received will cover the costs.
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J Stephen Emmick and Sons Farms are the 2017 Kentucky Wheat Yield Contest Winners with a yield of 126.46 Bu/A using No-Till and Pioneer 25R50.
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Dr. Lloyd Murdock, UK Extension Soils Specialist stationed at the UK Research and Education Center in Princeton, spoke to a group of KyCorn CORE Farmer Program participants on the origin of Kentucky soils.
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Videos on cover crops, diseases, and high yield corn from the UK Corn, Soybean and Tobacco Field Day. More videos will be posted soon.
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