STAFF BLOG AG RIGHT An August both good and bad
This is perfect weather to harvest wheat. The days are long, warm and dry, with little wind.
On a recent trip through northeast North Dakota, I saw dozens of combines roaring through wheat fields. Ch... Posted on 8/7/12 at 9:53 AM
Wheat on the Northern Plains has been on the defensive in recent years. Pressure from competing crops, particularly corn and soybeans, has led many farmers to quit growing wheat, or at least reduce how much they raise. Interest in corn and soybeans is strong again this spring, and wheat acreage could continue to decline.
The wheat markets had losses of 15 to 20 cents last week, following along with the steep losses seen in the row crop markets. Noncommercial money was flowing out of the grain markets ahead of the holiday breaks and year-end.
The national agriculture drought and the specter of hot, dry conditions during corn pollination are looming large for farmers Agweek visited on July 17 and 18, in a swing that went from Fargo, N.D., to Rugby, N.D.
With the exception of July Minneapolis, the wheat markets traded moderately lower for the week. For the week ending June 14, July Minneapolis gained 25 cents, September Minneapolis was down 5.75 cents, July Chicago was down 8.5 cents, September Chicago lost 7.5 cents, July Kansas City lost 10 cents and September Kansas City was down 10 cents.
On a normal mid-June day in the Upper Midwest, many farmers apply chemicals to their crops or take a first cutting of alfalfa.
But a recent Agweek trip through parts of Benson, Pierce and Bottineau counties in north-central North Dakota didn’t take place on a normal mid-June day. The day of the trip provided the worst possible weather to spray crops or cut alfalfa: rain clouds filled the sky, temperatures fell south of 50 degrees and a stiff, cold wind shook even the stoutest evergreens in shelterbelts.
The wheat markets traded moderately higher last week. For the week ending June 7, July Minneapolis gained 27.25 cents, September Minneapolis was up 20.75 cents, July Chicago was up 29.5 cents, September Chicago gained 27.25 cents, July Kansas City gained 31.5 cents, and September Kansas City was up 31.25 cents.
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