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FROM: Your Grain Department
When Will Crop Prices Recover? While a record pace of consumption for U.S. corn and soybeans during the current marketing year provided some price support earlier in the year, this is now overshadowed by other factors, says an Illinois ag economist. How Will the Market Use Projected Record Corn Production? The combination of comfortable carry-over stocks, the expectation for large corn and soybean crops, and price-sensitive buyers will result in limited price movement from current levels unless there is an unexpected shock to the grain markets, says a North Dakota economist. 2010 Growing Season Differs Sharply from Previous Years The start of the current growing season for corn and soybeans is fundamentally different than the start for the 2008 and 2009 growing seasons, according to a University of Illinois agricultural economist who analyzes how this is impacting crop prices. Hail Damage Increases Corn Ear Rots, Mycotoxins If you’ve ever had hail damage, you probably won’t be surprised by new research from Iowa State University (ISU), which proves that hail damage during grain fill increases the risk of ear rot diseases and mycotoxin contamination. |
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