Closing Market Report

ifr180525–137 Western Corn Rootworm Research Trials Nick Seiter, Extension Entomologist - University of Illinois When farmers want to know how well an insecticide works they turn to their Land Grant University for unbiased information. Todd Gleason has more from the western corn rootworm trials on the Urbana-Champaign campus. This little four row planter is outfitted… 1:47 radio 2:00 radio self-contained 1:47 tv 2:00 tv cg This little four-row planter is outfitted with some pretty high tech stuff. All of which must be calibrated before it goes to the field where it will be used to plant a western corn rootworm trial. A trial that will assess how well twelve different current in-furrow liquid and granular insecticides work. Well, at least some of them are current products, others are experimentals says University of Illinois Extension Entomologist Nick Seiter. Seiter :25 …how effective they are. Quote Summary - We like to evaluate all the different o...

ifr180525–135 How to Play Trump’s China Deal for Soybeans Todd Hubbs, Agricultural Economist - University of Illinois The President has been tweeting about agriculture. He says the potential deal with China will result in “massive” export increases for farm commodities. Most have taken this to mean, at a minimum, that the flow of soybeans will be increased. University of Illinois agricultural economist Todd Hubbs has been pondering the implications and the deal. Hubbs 4:04 …but a large increase is going to put a lot of pressure on prices. Todd Hubbs specializes is row crop commodity marketing at the University of Illinois. You may read his thoughts on marketing soybeans in today’s (this week’s) post to the farmdocDaily website.

ifr180518–131 Market Outlook for Corn and Soybeans Todd Hubbs, Agricultural Economist - University of Illinois Farmers, as we enter the last half of May, are nearing the end of the spring planting season and they are turning their attention again to the marketplace. Todd Gleason has more on how one agricultural economist sees prices playing out for the year. We’ll start with the last numbers USDA publishes… 2:47 radio 3:04 radio self-contained We’ll start with the last numbers USDA publishes in the Supply and Demand tables for each commodity, the season’s average price. For corn, that number - at the midpoint - is $3.80. University of Illinois Agricultural Economist Todd Hubbs is a bit more optimistic. He has it at $4.05. His soybean price, however, is less than USDA’s. The agency has it at $10.00 a bushel. Hubbs puts it at $9.45. The difference in viewpoint says Hubbs lands squarely on soybean exports. Hubbs :36 …whats going on cur...

ifr180518–129 Projected Cutting Dates for Black Cut Worm in Corn Nick Seiter, Extension Entomologist - University of Illinois Farmers should be on the look out for black cut worm in their corn fields. Todd Gleason has more… 1:34 radio 1:41 radio self-contained 0:44 tv voicer The earliest projected cutting date is this week in Montgomery County. University of Illinois Extension Entomologist Nick Seiter says fields especially at risk to having plants cut by the black cut worm include those with later planted corn and those sown into grassy weeds or a late terminated cover crop. Seiter :44 …to initiate a treatment. Quote Summary - What you are going to want to do is to scout your field. Look for plants lying on the ground that appear to have been cut with scissors. This is different looking than damage from a bird digging up the plant looking for the seed. These corn plants will be cut off. When you start finding that, scrape around in the residue looking ...

ifr180511–126 May 10 | USDA WASDE ReAct with Todd Hubbs Todd Hubbs, Agricultural Economist - University of Illinois The monthly WASDE report for May 2018 introduced the first look at the new crop corn and soybean supply & demand tables. Todd Gleason has more with University of Illinois commodity markets specialist Todd Hubbs.

ifr180511–119 Soybean Crush Continues Strength Todd Hubbs, Agricultural Economist - University of Illinois by Todd Hubbs, Agricultural Economist - University of Illinois read farmdocDaily article Soybean crush levels picked up substantially over the last few months due to strong crush margins. Driven by production issues in Argentina, the increase in crush margin recently is attributed to rapid growth in soybean meal prices. For the 2017–08 marketing year, the USDA currently projects the domestic crush at 1.97 billion bushels, up 3.6 percent from last marketing year. Soybean meal use needs to build on recent progress to meet or exceed the current crush projection. Soybean crush during the first half of the marketing year from September 2017 through February 2018 equaled 1010.6 million bushels, 3.5 percent greater than the total of the previous year. The USDA’s current projection indicates a 3.6 percent increase for the year and implies that the crush during the la...

ifr180504–115 Soil-borne Plant Disease Trials @ Illinois Nathan Kleczewski, Extension Plant Pathologist - University of Illinois Over the next few years, companies will release new and updated ways to use seed treatments to control soil-borne diseases in corn and soybeans. Todd Gleason reports researchers at the University of Illinois are looking to assess how well each of these might work. One of the first steps in the scientific… 1:01 radio 1:16 radio self-contained 1:02 tv 1:17 tv cg One of the first steps in the scientific process is to lay out the trials. In this case that means intentionally inoculating the area with a disease says University of Illinois Extension Plant Pathologist Nathan Kleczewski (kleh-cheh-skee). Kleczewski :13 …getting those in the ground. Quote Summary - We are putting in some different soybean and corn trials today looking at different seed treatments for controlling seed-borne diseases. So, we have some pythium trials,...

ifr180504–113 ILLINOIS Plant Pathology Plots | an interview with Nathan Kleczewski Nathan Kleczewski, Extension Plant Pathologist - University of Illinois Farm Broadcaster Todd Gleason talks with the University of Illinois Extension Plant Pathologist about his research work on the south-farms.