The past week of trading was literally a “hump” week as the market lost 12 cents over the weekend to a Monday statewide average of $14.66 and climbed to a $14.96 peak on Wednesday before giving back all of the gains a Friday closing average of $14.63 (Figure 1). The closing statewide average represented a
Continue reading Soybean cash market and forward booking prices in Arkansas for April 7-11, 2014
Rains and cool temperatures continue to slow planting progress and crop development. Today’s Crop Progress report released by the Arkansas NASS office indicated that only “2.8 days were suitable for fieldwork for the week ending Sunday, April 6, 2014”. Planting progress for corn, rice, grain sorghum and soybeans is at or near that of 2013
Continue reading Arkansas Crop Progress as of April 7
A 27 cent weekend gain to a $14.74 average on Monday followed by an increase of another 20 cents on Tuesday seemed to set the stage for a strong week in the 2013 Crop Soybean Cash Market, but price quickly fell back 24 cents on Wednesday before stabilizing to end the week (Figure 1). The
Continue reading Soybean cash market and forward booking prices in Arkansas for March 31-April 4, 2014
The link below includes a monthly listing of release dates for key USDA reports such as: Crop Progress, Export Sales, Crop Production, Supply/Demand (WASDE), Acreage, and Grain Stocks.
2014 Commodity Calendar
The USDA National Agricultural Statistics Service (NASS) will begin release of its’ weekly U.S. Crop Progress reports on Monday, April 7 at 3:00 p.m.
Continue reading 2014 Commodity Calendar
This is an interesting time in Arkansas agriculture as new technologies are on the horizon in many crops and resistant weeds are becoming more prevalent in all crops and across multiple modes of action. We have screened multiple samples of barnyardgrass that contain 3-way resistance to Propanil, Facet, and Newpath (ALS) chemistry. Also annual and
Continue reading Are you maximizing control with your herbicide application?
The USDA released its March Prospective Plantings report today at 11:00 CDT. This report provides the results of the first NASS survey of U.S. farmers planting intentions for 2014.
USDA Prospective Plantings report
A 39 cent weekend decline in the 2013 Crop Soybean Cash Market seemed to set a tone for the entire week as price generally declined toward its weekly low price on Friday Figure 1). Monday trading averaged $14.30 statewide and the market moved steadily lower through Wednesday. A modest rally on Thursday was quickly lost
Continue reading Soybean cash market and forward booking prices in Arkansas for March 10-14, 2014
The past trading week started with caution as market price fell 11 cents over the weekend to open at a statewide average of $14.23 on Monday. Market price then proceeded to post steady gains each day to a Friday closing statewide average of $14.69 (Figure 1). The close left the market 35 cents above the
Continue reading Soybean cash market and forward booking prices in Arkansas for March 3-7, 2014
Nematodes are common pests in many soybean fields in the state. Sometimes called the “hidden enemy”, root-knot, soybean cyst, and reniform nematodes can be costly if they are ignored. Because they are not visible, damage caused by nematodes is often overlooked. Nematode are microscopic root-parasites, and the symptoms they cause, including plant stunting, yellowing of
Continue reading Soybean growers: Keep nematodes in mind
A 16 cent weekend gain pushed the 2013 soybean cash market above the $14.00 level to open the past week at a Monday statewide average of $14.09. Market price posted steady gains most of the week with only a Thursday “correction” that was fully recovered on Friday to a closing statewide average of $14.34 (Figure
Continue reading Soybean cash market and forward booking prices in Arkansas for Feb. 24-28, 2014