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Fertilizer All Time Low; Farm Econ Slipping; Soybeans Cruise Panama Canal – AgFax Weekend

Fertilizer All Time Low; Farm Econ Slipping; Soybeans Cruise Panama Canal – AgFax Weekend

🕔Sep 30, 2016

This week’s issue of AgFax Weekend includes top agricultural news from AgFax.com this week.

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Grain TV: Corn Basis Strain Yet to Come

Grain TV: Corn Basis Strain Yet to Come

👤By Grain TV 🕔Sep 30, 2016

A positive trade day with corn leading the way. Another round of export sales of soybeans helped to boost markets, while flooding on the Mississippi River is slowing down transportation as harvest is picking up. USDA’s grain stocks showed higher

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Rice Market: More Export Sales Needed to Overcome Carryover

Rice Market: More Export Sales Needed to Overcome Carryover

👤From The Rice Advocate, USRPA 🕔Sep 30, 2016

Overseas buying interest is still very thin.  Export sales saw a marginal boost over the week as buyers are approaching the threshold where they have to replenish their inventories, even though that replenishment is far short of optimum volume.  Vessel

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Virginia Cotton: Improved Forecast Gives Green Light to Defoliation

Virginia Cotton: Improved Forecast Gives Green Light to Defoliation

👤By Johnny Parker, Commonwealth Gin 🕔Sep 30, 2016

The current forecast gives us the window we have been looking for. We have sort of dodged a bullet this week by not getting massive amounts of rainfall again. Although the humidity and periods of some rainfall has taken another

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Virginia Soybeans: Timely Harvest Minimizes Seed Quality Problems

Virginia Soybeans: Timely Harvest Minimizes Seed Quality Problems

👤By David Holshouser, Virginia Cooperative Extension 🕔Sep 30, 2016

The map below shows the amount of rainfall received in Virginia over the last 14 days.  And the weather forecast is calling for more.  While this rain may still help our double-crop soybean, early-planted early-maturing varieties will run the risk

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South Carolina Cotton: Defoliation Ramping Up in the Pee Dee

South Carolina Cotton: Defoliation Ramping Up in the Pee Dee

👤By Justin Ballew, Clemson University 🕔Sep 30, 2016

Nothing makes me think of fall like the smell of cotton defoliant in the air.  That smell has is becoming more and more common across the Pee Dee as September wraps up.  Here is a field in Dillon County that

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Moving Grain: High Water Delays Upper Mississippi River Traffic

Moving Grain: High Water Delays Upper Mississippi River Traffic

👤From the USDA Grain Transportation Report 🕔Sep 30, 2016

High water Conditions Delaying Upper Mississippi River Traffic According to USDA’s September 27 Weekly Weather and Crop Bulletin, 8 to 10 inches of rain fell in several Midwestern communities from September 20 to 23. Flood levels in parts of eastern

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Drought Monitor: Improvements in the High Plains, South

Drought Monitor: Improvements in the High Plains, South

👤Edited by Ernst Undesser, AgFax Wed Editor, with Information from Chris Fenimore, NOAA/NESDIS/NCEI 🕔Sep 30, 2016

Summary For the USDM 7-day period ending on September 27, a low pressure system produced above-normal precipitation in the western High Plains southwestward into the much of the Mountain West. The frontal boundary that was associated with the low produced

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USDA Reports Flash: Corn and Soybeans – Neutral; Bearish on Wheat – DTN

USDA Reports Flash: Corn and Soybeans – Neutral; Bearish on Wheat – DTN

👤By Chris Clayton DTN Ag Policy Editor and Emily Unglesbee DTN Staff Reporter 🕔Sep 30, 2016

Old-crop stocks for corn and soybeans came in just below the pre-report averages in USDA’s end-of-marketing year for both crops. Corn came in at 1.738 billion bushels while soybean stocks came in at 197 million bushels. Quarterly wheat stocks, however,

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Cleveland on Cotton: Expect Price Volatility to Continue Through Harvest

Cleveland on Cotton: Expect Price Volatility to Continue Through Harvest

👤By O.A. Cleveland, Professor Emeritus, MSU 🕔Sep 30, 2016

Cotton prices were down most of the week and settled at 68.08, basis December. Actually, trading was a continuation of the selloff that began last Friday with a week to week loss of approximately 320 points in the December.  Last

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