Nothing will be clear until May/June
Maria Sanchez 01/25/2013 @ 10:55am
There's a pretty good number of acres in SD that are hanging in the air. I've talked to dozens of SD farmers who haven't purchased any seed at all, or no more than 50% of their usual seed for this spring because they do not know what to plant. The winter wheat crop is really poor, and in most areas less than half of it even sprouted. Some of these winter wheat guys are thinking corn if they get some timely moisture, and yet some others are thinking of summer fallow if it doesn't. There will be less corn on corn, and there are a number of pasture, sod and CRP acres going corn or sunflower.
Some decisions will be based on crop insurance, but the wild card is moisture, moisture, moisture. Depending on when it falls, an inch and a half rain can lead to any number of different crops to go in "short notice". I put little heart in these USDA numbers.
Malaysian Airliner Crash in Ukraine Sends… By: Jeff Caldwell07/17/2014 @ 2:34pm
Wheat futures took off Thursday afternoon to close double-digits higher after news that officials…
Wheat Takes The Reins To Trade Sharply By: Jeff Caldwell07/17/2014 @ 1:13pm
The bouncing around continues in the grain markets, with a quick, sharp turnaround in the wheat…
Corn Slips Despite Strong Export Sales Data By: Jeff Caldwell07/17/2014 @ 10:27am
Soybean futures are in the black while corn and wheat have both moved into the red as near-perfect…