Evening Edition | Tuesday, July 19, 2022
In tonight's Evening Edition, read about pollination concerns due to the heat, fertilizer duties, and the pressure on Ukrainian farmers to sell their harvest.
Weather and Crop Conditions
XtremeAg farmers Kelly Garrett and Kevin Matthews are focusing on keeping disease, heat and dry weather from causing yield loss in the second half of the growing season, while Matt Miles prepares to begin harvest in southeast Arkansas.
Iowa farmer Kelly Garrett says, "The heat is a big concern right now as our corn is just starting to pollinate. We are adding Intergize and Shield-X with our Veltyma, to help mitigate heat stress during pollination. We have some of the best-looking corn we have had in a long time, but that could all change if the heat continues for a prolonged period."
- READ MORE: Unrelenting heat brings pollination concerns
The condition of Iowa’s corn and soybean crops remained relatively unchanged last week, according to a U.S. Department of Agriculture report on Monday, but a stretch of very hot, dry weather is expected for days this week.
About 81% of the state’s corn crop is rated good or excellent, a percentage that is unchanged from last week. About 78% of soybeans have the same favorable ratings, a reduction of 1% from last week’s report.
This is a critical period of time for crop development that requires a lot of water.
The U.S. International Trade Commission on Monday voted to reject steep duties on ammonium nitrate fertilizers from Trinidad and Tobago and Russia, going against a recommendation for tariffs from the Commerce Department.
Last year, CF Industries, an Illinois fertilizer-maker, filed a petition accusing producers in Trinidad and Tobago and Russia of engaging in unfair competition by “dumping” or selling urea ammonium nitrate solutions at below-market prices.
In the new ruling, the International Trade Commission found that U.S. producers have not been injured by these imports.
Ukraine Grain Storage
While some crops in Ukraine have left by rail or road via neighbors such as Romania and Poland, millions of tonnes have piled up on farms and a lack of shipments from one of the world's biggest grain exporters is pushing up global food prices.
Farmers in regions where sending grain via rail or road to eastern Europe is problematic will have to sell their harvest at a huge loss if they can't store it, leaving less cash to buy seeds, fertilizers, and chemicals for next season and exacerbating expected falls in Ukraine's output.
Some farmers' futures hinge on talks which are expected to continue this week on opening up a sea corridor to allow exports via Ukraine's Black Sea ports to resume.