Every season, soybeans face disease pressure that can significantly impact yield.

In this Managing for Profit, west central Illinois-based DEKALB Asgrow technical agronomist Lance Tarochione provides some insights for growers to manage diseases next year.

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Market recap (changes on week):

- September corn up $.06 at $6.33

- December corn up $.01 at $6.29

- September soybeans up $.36 at $15.27

- November soybeans up $.24 at $14.35

- September soybean oil down .37 cents at 68.77 cents/lb

- September soybean meal up $7.50 at $460.50/short ton

- September wheat down $.38 at $7.70

- July wheat down $.31 at $8.16

Weekly Highlights:

- US weekly ethanol production came down 39 thousand barrels per day last week (roughly 11.5 million gallons on the week) falling to 289 million gallons- the lowest level since back in April.

- Export sales week over week were down for corn at 3.9 million bushels and wheat at 7.6 million bushels but up for soybeans at 3.6 million bushels and grain sorghum at 500 thousand bushels. Corn and beans both had impressive new crop sales of 29.5 million bushels for corn and 47.9 million bushels for beans.

- Open interest futures and options contracts for corn and Chicago wheat were flat on the week while soybeans saw almost a 1% gain in open interest positions. Managed money traders build 11,778 positions of corn while selling off 5,216 positions of Chicago wheat and 2,173 positions of soybeans.

- Last week’s cattle on feed report showed 11.2 million head on feed- the second highest August total on record. Cattle placements for July were 1.8% higher year over year compared to industry expectations of a 1.5% decline.

- Weekly grain export inspections were better last week. Corn inspections of 29.2 million bushels were up 8 million from the previous week and wheat inspections of 21.8 million bushels were up 7.5 million bushels. Soybean inspections were down week over week but still exceeded their 4-week rolling average.

- Cold weather is delaying planting of first crop corn in Rio Grande Do Sul but the real threat is a third consecutive year of La Nina in that region.

- National corn conditions rating fell 2% on the good to excellent condition rating to 55% last week compared to a historical average of 62%. Four percent of the crop was rated as mature.

- National soybean good to excellent ratings fell 1% again this week to 57% compared to the three-year average of 61%.

- The 30th annual Pro Farmer Crop Tour is happening this week with Monday’s results coming in for South Dakota, part of Nebraska and Ohio.

Find more agriculture news at: brownfieldagnews.com

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While disease pressure has been low in soybeans for parts of Michigan, an agronomist says he can’t say the same for pest pressure.

In this episode, Matt Schwab, an agronomist with Helena talks about what’s left of this 2022 growing season and what growers need to think about for next year.

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The US Grains Council works on behalf of US farmers and ag industries to develop new markets, enable trade, and improve lives around the globe.

In this episode, Indiana farmer, and US Grains Council Chairman Josh Miller talks about how the work USGC does benefits Indiana corn farmers.

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Maggie Sarver was selected as a Beck’s Player With Heart for her efforts on and off the field. Her favorite thing about high school cheer is the excitement of cheering her team on! It is such a great feeling to see everyone supporting each other. Agriculture has always been a part of Maggie’s life. She’s learned about hard work and responsibility from agriculture, as every part of it requires working when the job needs done, not just when it’s convenient. Maggie is involved in cheer and is the reporter of her local FFA chapter. After high school Maggie plans on attending Purdue University to study sports psychology.

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- September corn $6.335 up $0.075

- September $15.27 up $0.3825

- September soybean meal $460.50 up $11.80

- September soybean oil 68.77 up 87 points

- September Chicago wheat $7.705 up $0.1725

- August live cattle $141.22 down $0.37

- October lean hogs $93.97 up $0.85

Find more agriculture news at: brownfieldagnews.com

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Jazmyn Heeg was selected as a Beck’s Player With Heart for her efforts on and off the field. Her favorite thing about high school track is that she loves how so many different people can come together and support each other in every event, it’s like a family. To Jazmyn, agriculture is a way of life. She grew up around it and has always loved it. By working on her family’s dairy operation, she’s learned how we support our community and feed the world. Jazmyn serves as her FFA Vice President as well as her SkillsUSA secretary. After high school she plans on attending UW-River Falls and majoring in dairy science.

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- September corn $6.26 up $0.0625

- September soybeans $14.8875 down $0.0675

- September soybean meal $448.70 down $0.70

- September soybean oil 67.90 up 164 points

- September Chicago wheat $7.5325 up $0.2175

- August live cattle $141.60 up $0.32

- October lean hogs $93.12 down $0.17

Find more agriculture news at: brownfieldagnews.com

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Hunter Isaacson was selected as a Beck’s Player With Heart for his efforts on and off the field. His favorite thing about high school sports is the amount of work put in during the off-season. Hunter grew up working on a farm and showing animals through 4-H. This taught him what dedication and hard work is, which carried over into sports and training. Hunter is involved in football, wrestling, and track and field as well as volunteering with the American Legion. Hunter is wanting to pursue sports after college but if not, he wants to join a trade.

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