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There is always a potential struggle for farmers who grow corn, soybeans and hay in the busy springtime schedule. Which takes priority, cutting hay or planting corn and soybeans? For Louie Rehm, who grows corn, soybeans and hay and also raises beef cattle in Wayne County, the high value of the crop resulting from a [...]
Read MoreThe Snapshot Tour is a daily call hosted by Jay Calhoun of Colgan Commodities covering crop progress and weather updates across the Corn Belt.. This is a summary of this week’s conversations. Maumee, Ohio The Toledo area has been one of the most fortunate areas in the Corn Belt. The weather has allowed them to [...]
Read MoreCrop producers have until June 3 to decide whether they will participate in the Average Crop Revenue Election plan or continue with the regular Direct and Counter-Cyclical Payment Program. Both programs, administered by the U.S. Department of Agriculture’s Farm Service Agency, are intended to help protect farm revenues. Under DCP, there are two types of [...]
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It is an unsettling sight no soybean growers wants to see — entire fields dying shortly after emergence. This, though, is an unfortunate reality in some fields around Ohio. On May 14, Asgrow Dekalb agronomist Jeff Rectenwald was scouting fields for a customer in Auglaize County when he came across the aftermath of Pythium seedling [...]
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The Beck’s Hybrids purchase of land in London last year will allow them to do their first Practical Farm Research in Ohio this year. For the 2013 growing season they have 100 acres dedicated to research. “At the Ohio site we’ll begin long term research and short term trials on some new and exciting things [...]
Read MoreOhio State University Extension and the Ohio State Bar Association will again partner to host the fifth annual Ohio Agricultural Law Symposium on June 23 and 24, 2013. The focus of this year’s program is representing Ohio’s farm and agri-business clients. Two nationally respected practitioners will teach for the Symposium. Allen Olson from Albany, Georgia, who has farm clients throughout [...]
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The wheat crop in Ohio is now at or just past Feekes Growth Stage 8 (flag leaf emergence) and will likely reach the heading and flowering growth stages towards the end of May and early-June. Frequent rainfall and drastic changes in temperatures over the last 7-10 day have led to some concerns about disease development [...]
Read MoreWe are trying to get an assessment of herbicide resistance in Ohio pigweed populations, including smooth and redroot pigweed, waterhemp, and Palmer amaranth. One mechanism for this is to sample small pigweed plants from fields in May and June, bring them back to our greenhouse, and treat them with the herbicides of interest. We obviously [...]
Read MoreThe Senate Agriculture Committee approved a farm bill and farm groups are pleased with the progress. The bill includes re-vamped dairy policy that aligns with the goals of the National Milk Producers Federation. “The dairy title of the committee’s bill contains the long-awaited reforms offered by the Dairy Security Act, which provides the best combination [...]
Read MoreFarmers in Ohio got after it last week and made big gains with corn planting. A whopping 46% has now been planted after just 7% last week. As for soybeans, 16% of that crop has been planting after a mere 1% just a week ago. There were four days suitable for field work in Ohio [...]
Read More| Commodity | Month | Last | Change |
| Electronic Corn | Jul | $6.5275 | +0.1125 |
| Electronic Corn | Sep | $5.5600 | +0.0225 |
| Electronic Corn | Dec | $5.1950 | -0.0450 |
| Electronic Soybeans | Jul | $14.4850 | +0.2100 |
| Electronic Soybeans | Aug | $13.7850 | +0.2450 |
| Electronic Soybeans | Sep | $12.8950 | +0.1800 |
| Electronic SRW Wheat | Jul | $6.8325 | -0.0450 |
| Electronic SRW Wheat | Sep | $6.9100 | -0.0500 |
| Electronic SRW Wheat | Dec | $7.0750 | -0.0550 |
| Electronic Soybean Meal | Jul | $425.1 | +10.2 |
| Electronic Soybean Meal | Aug | $402.0 | +10.3 |
| Electronic Soybean Meal | Sep | $374.0 | +8.0 |
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| Commodity | Month | Last | Change |
| Denatured Fuel Ethanol | Jun | $2.671 | +0.043 |
| Denatured Fuel Ethanol | Jul | $2.543 | +0.029 |
| Denatured Fuel Ethanol | Aug | $2.422 | +0.022 |
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| Commodity | Month | Last | Change |
| Live Cattle | Jun | $119.400 | - 0.500 |
| Live Cattle | Aug | $118.550 | - 1.175 |
| Live Cattle | Oct | $121.975 | - 0.900 |
| Lean Hogs | Jun | $91.525 | - 1.350 |
| Lean Hogs | Jul | $90.975 | - 1.575 |
| Lean Hogs | Aug | $90.150 | - 0.750 |
| Feeder Cattle | May | $133.900 | - 1.125 |
| Feeder Cattle | Aug | $143.375 | - 1.750 |
| Feeder Cattle | Sep | $145.700 | - 1.700 |
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| Commodity | Month | Last | Change |
| MILK CLASS III | May | $18.52 | +0.01 |
| MILK CLASS III | Jun | $18.36 | - 0.09 |
| MILK CLASS III | Jul | $18.73 | - 0.20 |
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May 16, 2013
Analysis of today's markets from Mike Zuzolo of Global Commodity Analytics