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Edd's Supplies News

Soil Residual Herbicide Options after Corn Emergence
6/2/2020

Application of soil residual herbicides is important because they deliver a few weeks of residual weed control and aid in weed resistance management by incorporating additional site(s) of action in herbicide program. Several residual herbicides can be applied after corn emergence without injury to corn. A Few important factors should be considered when addressing weed […]

Cressleaf Groundsel in Hay
6/2/2020

Cressleaf Groundsel is in full flower currently in forage and unplanted fields across the state. While this is not a new weed prevalence has been increasing, causing concern for many livestock producers.  Toxicity Cressleaf Groundsel is toxic to both cattle and horses. Cattle are 30-40 times more susceptible to poisoning than sheep or goats. Calves […]

Seasonal Price Rally in Soybeans
6/2/2020

Typically, November soybean futures prices see a bit of a rally in June.  Hopes grew recently for a similar rally this year.  The potential for any such price movement rests on the 2020 crop and export prospects. November soybean futures prices fell almost 13 percent since the start of the year.  The prospect of a […]

Federal Reserve-Observations on the Ag Economy- May 2020
6/2/2020

On Wednesday, the Federal Reserve Board released its May 2020 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the U.S. agricultural economy. * Sixth District- Atlanta– “Agricultural conditions softened. Most of the District remained drought free, with the exception of much of Florida, southern Louisiana, […]

U.S. Ethanol Production Continues to Rebound
5/29/2020

According to EIA data analyzed by the Renewable Fuels Association for the week ending May 22, ethanol production shifted 9.2% higher, or 61,000 barrels per day (b/d), to 724,000 b/d-equivalent to 30.41 million gallons daily and the largest volume since March. However, production remains tempered due to COVID-19 disruptions, coming in 31.5% below the same […]

Recent News

Senate Ag Committee Hearing-Monetizing Voluntary Conservation Practices
6/25/2020

On Wednesday, the Senate Agriculture Committee held a Legislative Hearing to Review S. 3894, The Growing Climate Solutions Act of 2020. In his opening remarks, Committee Chairman Pat Roberts (R., Kans.) stated that, “S. 3894 would assist growers in monetizing voluntary conservation practices on their farms, ranches, forests, and businesses. This legislation establishes a program at the Department of Agriculture to certify third party […]

COVID-19 Ag Related Losses Mount as China Seeks Virus Documentation on Soybeans
6/24/2020

Donnelle Eller reported on the front page of Tuesday’s Des Moines Register that, “The Trump administration has sent $4 billion in payments to U.S. farmers to help cover losses due to the coronavirus, part of $16 billion that’s available to provide direct aid to offset losses for farmers and ranchers. “Iowa farmers have snagged $423.5 million of the pandemic payments, the […]

Expected Harvest Prices for Soybeans in 2020
6/24/2020

We developed a statistical model that projects the 2020 harvest price for soybeans, given a national soybean yield and average of May futures prices. This projection represents the harvest price used in crop insurance.  The current U.S. yield estimate from the U.S. Department of Agriculture (USDA) is 49.8 bushels per acre. Given this yield estimate […]

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