Recent Updates

Crop Progress – Summarized from NASS

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As reported by NASS on July 15, 2013

 

 LATEST WHEAT HARVEST IN SIXTEEN YEARS FINALLY FINISHED

This past week farmers finished the wheat harvest. This season marks the latest wheat harvest since 1997, which tied this date with 98 percent harvested. Soybean planting was also wrapped up this past week, but soybean progress is about 2 weeks behind the 5 year average. Continue reading


Southwestern Corn Borers on the Rise

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SWCB Larva
SWCB Larva

Moth traps (see Quick Links menu) indicated a small upswing in catches of southwestern corn borer moths this past week.  Expect a much sharper increase in some areas next week as the second generation really kicks off.  The reality is that the vast majority of non-Bt fields in the state will not have substantial corn borer infestations.  But some non-Bt corn fields will be at risk.  Below are some points to consider if you are in an area with chronic SWCB problems or moth trapping during the first generation indicated the potential for problems in your area. Continue reading


Profitability Outlook Update

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Prices have been updated after the July 11th USDA Supply & Demand report. The midpoint of USDA’s price projections are $4.80 bushel corn, $0.80 pound cotton ($0.88 with seed rebate, etc.), $4.40 bushel grain sorghum, $10.75 bushel soybeans, and $7.15 bushel wheat. These estimates for corn, grain sorghum, and soybean prices are below the breakeven prices at the bottom of the table. Continue reading