Livestock producers should find optimism in feed price projections following Thursday’s USDA Acreage and Stocks reports. The releases are proving bearish for corn, which provides new opportunities for feed buyers to lock in profits they didn’t expect to see, according to Matt Bennett of Bennett Consulting.
Rain makes grain. Yet, too much rain can be too much of a good thing. In eastern North Dakota, northeastern South Dakota, and western Minnesota, rampant rainfall over the past couple of decades has unveiled sodic and saline soils that aren’t conducive to growing crops.
On Tuesday, the USDA reported a deteriorating U.S. soybean crop, while the corn crop condition remains steady.
In its Weekly Crop Progress Report, the governmental agency rated the U.S. soybean crop as 70% good/excellent vs. 72% a week ago. Plus, 22% of the soybeans are blooming, compared with a 16% five-year average.
LCS, ALBAUGH, COLORADO WHEAT RESEARCH FOUNDATION TO COLLABORATE ON NON-GM TRAIT BY 2019.
Limagrain Cereal Seeds (LCS) has announced a collaboration with Albaugh Chemicals and the Colorado Wheat Research Foundation which will create new "over-the-top" control of grassy weeds in wheat. The company announced the agreement at its Central Plains Wheat Field Day near Wichita, Kansas, on May 19.
The pact was signed between the Biotechnology Industry Research Assistance Council and Horticulture Innovation Australia.
India and Australia have signed a pact to boost horticultural research in a bid to develop and deploy modern tools of plant biotechnology to improve crop productivity with a funding commitment of up to Australian $ 6 million over a period of three years.