Wednesday, October 20, 2021 5:00AM CDT
Drastic price increases continue to define the retail fertilizer market as farmers report more problems locking in prices. The average cost of urea is 26% more expensive than last month. DAP, MAP, potash, anhydrous UAN28 and UAN32 saw 11% to 19% increases.
Tuesday, October 19, 2021 3:39PM CDT
Agricultural groups wrote a formal objection to EPA, making the case that the pesticide chlorpyrifos is vital to helping a variety of commodities reduce pest risks for crops. EPA revoked the feed and food tolerance levels for the pesticide, effectively banning its use for agriculture.
Tuesday, October 19, 2021 12:14PM CDT
A system will move through the Corn Belt this week and produce some locally moderate rainfall. Additional moderate rainfall will be possible across the southern Corn Belt this weekend into next week. But, overall, harvest should progress along well.
December corn is up 2 1/2 cents per bushel, November soybeans are up 8 1/4 cents, and December KC wheat is up 1/4 cent.
Cattle and hogs diverged Monday with most of the pressure put on feeder cattle. Live cattle showed little to trade on other than some spillover pressure. Hogs continued to defy the weakness of cash and cutouts.