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17. Recent weather showers blessings on some crops in the area
Soybean crops planted in June on harvested wheat acres, as well as on failed wheat acres, will be harvested in October. Sorghum planted late as a double crop on failed wheat acres, he said, also is looking good for harvest in October, but yields don t look to be a good as early sorghum. Soybeans, planted in April with a harvest date in September, are looking good, Gribble said, with yield potential of 50 bushels an acre. Grain sorghum and soybean crops also have benefited from the recent...
Source


18. Area farmers call for state, federal officials to speed aid
Rain, if it continues, will make the soybean crop at least worth harvesting, but it could result in a harvest much smaller than the state normally has. If a cotton plant has grown to only 12-18 inches, less than half the normal size, when it blooms, it can make a crop but will hardly be worth harvesting. He hopes to recover a limited corn crop from other fields, but for most fields he plowed the corn under and planted late cotton trying to salvage something from the season. Morris, who...
Source


19. More acres means more wheat in state
Yield expectations compiled by the statistics services Lincoln field office are unchanged from a month ago, but total harvested acres are now rated at 2 million, up from 1.85 million last month. The statistics service doesnt start using field surveys to estimate the size of the corn and soybean crop at the state and national level until August. Using a late June report on planted acres and trend yields, the latest federal forecast offered in a World Agricultural Supply and Demand Estimate...
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20. Disease could decimate soybeans
The ag agent added that the disease is probably here to stay so producers will have to start budgeting for fungicide for the soybean crops. The treatment for the disease is the use of fungicide with the cost of treatment at about $25 per acre, not counting any losses that have already happened. Disease could decimate soybeans. It came late in the season last year so the plants were mature and were not impacted, he said. What might be happening in one field will be different from another...
Source


21. Beans and Bonds
The corn market spent the day July 16 down its trading limit as well, and obviously the soybean market is fencing with corn for acres over the next few years. Despite a meltdown on July 16, 2007, in the soy complex, I still believe that the longest-lasting soybean bull market in history is likely to remain intact. Obviously, a slow soybean market is not a problem this year, and I don t think it will be for at least a couple of crop years to come. I spent the earliest part of my career as a...
SourceInside Futures,IL


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