Friday, 30 June 2017

DESPITE HAIL, PESTS, AND WEEDS, IOWA'S CORN AND SOYABEANS, LOOK REALLY GOOD.

There aren’t many farmers who claim to “love all things related to weeds.” Luckily for farmers in Iowa, there’s a weed-loving Extension agent at the ready to help identify and tackle tough weeds. Meaghan Anderson has served as a field agronomist in east-central Iowa for the past two years. Last year, her enthusiasm and dedication helped farmers and landowners detect and manage Palmer amaranth infestations in pollinator plots and CRP plantings.

This year, Anderson is back in the fields, keeping an eye out for Palmer amaranth and other pests as well as evaluating hail damage. Here’s what she’s seeing in the corn and soybean fields of eastern Iowa.

Palmar amaranth was spotted in fields in Linn County as well as Muscatine County. “We’re just approaching the best time to identify Palmer amaranth, so I’ve only seen a few locations with it so far this year,” says Anderson. “I suspect the hot, drier weather we’ve had has been good for its development, so more identifications will happen this summer.”

Marestail also looks like it could be an issue this season, comments Anderson. “Farmers have reported having trouble managing marestail, so I’ll be monitoring populations,” she says. “I think some farmers may need to consider a fall herbicide application if the populations in their fields germinate in the fall.” In addition to weeds, hail has been another issue for growers in Anderson’s region. “Hail damage was spread over several counties, but the most significantly damaged area was mostly small and spotty in Linn County,” she says.

Overall, Anderson says the corn crop is off to a good start for 2017. “I thought corn seemed more uneven early and also had some armyworm issues, but most looks really nice now,” she says. “I don’t think anyone would object to some more rain as long as it doesn’t bring hail with it.” The counties she covers are 1¼ inches below the climatology rain average for June.

In Washington County, Anderson is also noticing a fair amount of urea burn from sidedress applications. 

For soybeans, Anderson says some suffered from stand loss and damage from HG 14 herbicides used preemergence, pest feeding (armyworms and slugs), and crusting. “Most problems have been resolved at this point,” she says. “Corn and soybeans look really good after what seemed like a long planting season.”

According to the latest data from the USDA, 79% of Iowa’s corn crop is in good to excellent condition, on track with last year’s condition and up from the five-year average of 72%. Soybeans are trailing last year slightly with 74% in good to excellent condition compared with 77%, but still pacing ahead of the five-year average of 69%. BY JESSIE SCOTT.

U.S JUNE HOG HERD HIGHEST IN MORE THAN 50YEARS.

CHICAGO, June 29 (Reuters) - The number of hogs on U.S. farms during the March-May quarter climbed 3.0 percent from a year ago, according to the U.S. Department of Agriculture report on Thursday, implying abundant supplies through the coming year.

Thursday's outcome was the largest on record for the period since 1964, maintaining a string of quarterly record highs dating back to March 2016.

Still, analysts viewed the data as neutral for Chicago Mercantile Exchange lean hog futures on Friday because the results were close to expectations.

Analysts attributed the herd expansion to improved producer profits, affordable feed and the need for more supplies to accommodate at least two new packing plants scheduled to come on line later this year.

A record number of baby piglets that survived during the quarter helped farmers to be more efficient and boosted herd sizes.

USDA's report showed the U.S. hog herd as of June 1 at 103.0 percent of the year-ago level or 71.650 million head.

The result topped analysts' average forecasts and was the most for the quarter since USDA began compiling data for the period in 1964.

Analysts, on average, had expected 71.597 million head, or 103.3 percent of the year-earlier herd.
The U.S. breeding herd was 102.0 percent of the year-ago level, at 6.069 million head, up from 5.979 million last year.

The average trade forecast was 6.069 million, or 101.5 percent of the previous year.
The June 1 supply of market-ready hogs for sale to packers was 104.0 percent of a year earlier, at 65.581 million head, up from 63.302 million last year. Analysts, on average, had estimated a 3.5 percent rise, or 65.490 million.

Allendale Inc chief strategist Rich Nelson called the record hog herd size "shocking," but said it would have no effect on the market. Industry observers for several months had expected record production and most of the results came in line with expectations, he added.

The industry will monitor whether two new hog plants will be operational by September to handle the massive supplies ahead, said Nelson.

"Any delays in the start of the two plants will be clearly taken as bad news by the industry," he added.
Bob Brown, an independent market analyst in Edmond, Oklahoma, agreed that the "numbers came in pretty much as expected - nothing outlandish."

Nearby CME hog futures will likely follow prices for market-ready, or cash, hogs and not focus on trading months further out associated with Thursday's report, said Brown. (Editing by Richard Chang). BY THEOPOLIS WATERS.