Posts Tagged ‘20:27’

Grain Marketing Highlights – September 21, 2012

Friday, September 21st, 2012

Carl German, Extension Crops Marketing Specialist; clgerman@udel.edu

Grain and Oilseeds Rally After Sharp Sell-Off
Grain and oilseed futures contracts continued to decline sharply during Monday’s session. However, commercial and non-commercial buying interest picked up in Tuesday’s overnight session, with a modest rally continuing through Wednesday’s day trade. The recent sell-off dropped near-by new crop corn and soybean futures prices by about $1.00 (+ or -) per bushel since their respective life-of-contract highs were hit on August 10 and September 4. Reasons given for the sell-off are attributed to corn and soybeans being over bought resulting in short covering on the part of non-commercials; new supplies coming on due to ‘harvest pressure’; and a lack of “fresh” news. The good news is that there may be reason to believe that the rally could push prices somewhat higher. Recent Fed action to invest $40 billion a month to buy mortgage backed securities is weakening the value of the dollar which should help U.S. exports. Time will tell regarding investor preferences for either the stock (equities) or commodity markets. Nevertheless, the Fed action was viewed as positive for both markets in the near term. Market volatility remains elevated as a result of the uncertainty in world geopolitics. There too remains uncertainty concerning the eventual impact on the overall economy from QE3.

Other price supporting factors that keep being mentioned by commodity news sources include: dry weather concerns in the Southwestern U.S. which could slow winter wheat planting; dry weather concerns for the Southern Hemisphere which could impact 2013 South American production potential; dry weather concerns in Australia and other wheat producing regions around the world; and China’s appetite for importing more U.S. soybeans. These concerns are currently helping to support the soybean, wheat, and corn futures markets.

Market Strategy
Although one attempts to shed light on expected price direction computer trading seems to be the order of the day. Computer trading is most likely the reason for today’s double digit gains across the board. When price algorithms are hit the computer programs tell the non-commercials (speculators) when to place buy or sell orders. The algorithms are driven by technical indicators. One might surmise then that the trick to determining whether one wants to hold or advance sell orders becomes a matter of following the money. However, it is often stated that eventually fundamentals will take precedence in determining price direction. The only thing known for sure at this point in time, fundamentally, is that the U.S. is harvesting short 2012 corn and soybean crops. The extent of the shortfall won’t be fully known until this year’s U.S. crop is harvested. In the meantime, the corn and wheat markets continue to depict no carry in the forward contract months with SRW wheat futures depicting only a 10 cent carry through the May ‘13 contract before becoming inverted. USDA’s next monthly Supply/Demand report will be released on Thursday, October 11.

The U.S. 2012 corn harvest is expected to hit the 50% mark in next Monday’s crop progress report with soybean harvest to be in the mid-twenties. Weekly U.S. corn and wheat export inspections were viewed as bullish. Soybean export inspections were bearish. The weekly export sales report will be issued by USDA tomorrow (Thursday) morning, September 19. Currently, the day trade closing futures prices for Wednesday afternoon September 18 were: Dec ‘12 corn futures $7.53; Nov ‘12 soybeans $16.70; and July ‘13 SRW wheat futures $8.60 per bushel.

For technical assistance on making grain marketing decisions contact Carl L. German, Extension Crops Marketing Specialist.

Harvest Aids for Soybeans

Friday, September 21st, 2012

Mark VanGessel, Extension Weed Specialist; mjv@udel.edu

A few herbicides are labeled as harvest aids for soybeans. Glyphosate and paraquat will have the broadest spectrum of control, with paraquat having quicker activity on the weeds. Aim is also labeled, but it has a very narrow spectrum of control. Be sure to read the label of the product you are considering for all the precautions and restrictions. Application of these products is after the pods begin to lose their green color. Applications made this late in the season means they will have little to no impact on reducing weed seed production.

Agronomic Crop Insects

Friday, September 21st, 2012

Joanne Whalen, Extension IPM Specialist; jwhalen@udel.edu

Small Grains
As you make plans to plant wheat, be sure to review our article on aphid and barley yellow dwarf management in the Aug 3, 2012 newsletter (http://agdev.anr.udel.edu/weeklycropupdate/?p=4595). The following link to the May 1, 2012 Kentucky’s Pest News also provides additional management information, especially as it relates to the weather conditions in the 2012 season (http://www.ca.uky.edu/agcollege/plantpathology/extension/KPN%20Site%20Files/kpn_12/pn_120501.html).

Timing Pumpkin Harvest

Friday, September 21st, 2012

Jerry Brust, IPM Vegetable Specialist, University of Maryland; jbrust@umd.edu

Many pumpkin fields in the mid-Atlantic have poor foliage cover and weak vines at this time due to foliar diseases such as powdery and downy mildews (Fig. 1). Some growers are looking at their pumpkin field wondering if they should harvest now and store the pumpkins or wait a little longer. Maintaining vine health through harvest is one of the most important considerations for good fruit and stem hardiness. Once the fruit is mature (you can test to see if the pumpkin is mature by pressing the end of your thumbnail into the flesh of the fruit, if little indentation is left in the fruit the pumpkin is mature) the pumpkins can be harvested at any time. The best time to harvest mature fruit is while foliage is still green and relatively healthy. If there is poor foliage cover before pumpkins reach full maturity the fruit and stem quality will be diminished leading to premature fruit breakdown. This includes fruit rotting in the field, sunscald and collapsed stems. Fruit can appear healthy, but the stems still collapse (Fig. 2).

Over the last 2 weeks I have seen a great deal of sunscald damage to pumpkins. Sunscald starts as a reddish area on the fruit that becomes sunken and appears flat (Fig. 3). Over time, this area usually becomes tan with secondary pathogens often invading the area oftentimes causing a black ‘mold’ to cover the damaged spot. If you do have reduced foliage due to disease or insect damage it is best to harvest the fruit and store. Although some growers use chlorine solutions as a post-harvest dip to protect pumpkins taken early from fields our research has shown no value from these dips. Pumpkins can be stored in a well-ventilated shaded area with temperatures between 50-70°F. In general, fully mature, disease free fruit can be stored for months under these conditions. I have kept healthy pumpkins (not jack-o-lanterns) in good shape on my front door step from mid-September until mid-December (yes I like pumpkins a bit too much). Pumpkins should not be stored around apples as the apples emit ethylene gases that accelerate the ripening process, which could lead to premature breakdown.

Figure 1. Loss of foliage due to downy mildew

Figure 2. Healthy looking fruit, but rotting stem

Figure 3. Sunscald damage to pumpkin fruit

Continuing Vegetable Sales in Fall and Winter

Friday, September 21st, 2012

Gordon Johnson, Extension Vegetable & Fruit Specialist; gcjohn@udel.edu

While most vegetable growers finish up with fall crops around Thanksgiving, there is potential to produce throughout the fall and winter. There are fall and winter sales potentials with schools, institutions, and restaurants; for CSA’s; and for specialty wholesale markets.

One strategy is using storage to have products available out of season. This has been a common practice on a large wholesale scale with potatoes and apples where large controlled environment storage facilities are used. On a smaller scale, there are many vegetables that can be stored in sheds, cold boxes, or greenhouses as long as products are kept above freezing and have adequate humidity. It should be noted that critical minimum temperatures will vary according to the type of produce.

Probably the easiest vegetables to store are hard shelled winter squash such as butternuts. If kept around 50°F, most of the hard shelled squashes can be kept for at least 3 months, some for over 6 months. Potatoes store best at 45°F in high humidity and sprouting can be a problem for longer storage. Sweet potatoes, once cured, can be stored for months as long as the storage temperature is kept around 60°F. Colder temperatures damage the roots. Onion storage depends on the type but longest storage is just above freezing in dry conditions. Cabbage can also be stored for long periods. The key is to grow storage varieties that are dense. Longest storage is at 32 F° in high humidity. Napa type chinese cabbage also stores well in refrigeration (several months). Other crops successfully stored include carrots, parsnips, rutabegas, and turnips. In fruits, long keeping apple varieties can be stored for months in cool temperatures.

Field storage is another way to extend sales of some vegetables. Root crops such as carrots, parsnips, and beets can be kept for extended periods in the field if kept from freezing with row covers or straw mulch. Certain cabbage varieties can field store into winter if protected from hard freezes with row covers. Green onions and leeks also field store well.

An alternative strategy is to make used of high tunnels, low tunnels, row covers, or a combination to grow cool season crops for fall and winter harvest. Greens crops in the mustard family (mustard, turnip, kale, collard, cress, many asian greens); spinach, chard, and beet greens; and lettuces and endive can be planted in the late summer or fall and harvested repeatedly through the fall and winter in these protected systems without additional heat. Some day neutral strawberries can be harvested into the late fall in high tunnels or low tunnel/row cover systems. The use of row covers can also extend harvest periods for crops such as broccoli where side shoot production can be maintained after main heads are harvested, often through Christmas, and Brussels sprouts where sprout production can be extended into winter.

Of course, there is potential for production of many crops in heated greenhouses. The choice of varieties becomes important for greenhouse production because of the lower light and reduced daylength conditions in fall and winter. Specific greenhouse varieties of crops such as tomatoes, lettuce, and cucumbers have been developed for fall and winter production.

Last Issue of Weekly Crop Update for 2012 and Weekly Crop Update User Survey

Friday, September 21st, 2012

Emmalea Ernest, Extension Associate – Vegetable Crops; emmalea@udel.edu

This is the last issue of Weekly Crop Update for the 2012 season. I hope that this newsletter has been a useful resource to you as you dealt with the challenges of this past growing season. My thanks to the Extension specialists and agents who have contributed articles this year — the WCU would obviously not be possible without them. My thanks as well to our office staff at the REC, who make sure the WCU gets to our fax and mail subscribers.

As I noted in the previous issue, it has been several years since we surveyed you, the Weekly Crop Update’s readers and subscribers, to see what you find useful about this publication and to try to get some ideas on how it could be improved. If you have not already done so please participate in our WCU User Survey and help us make this publication better. You can take the survey online at:  https://delaware.qualtrics.com/SE/?SID=SV_bmypKOsFJVVnkKp

Best wishes for a safe and prosperous fall harvest season. I look forward to seeing many of you at meetings this winter.

Kind regards,
Emmalea

Weekly Crop Update User Survey

Friday, September 14th, 2012

It has been several years since we surveyed you, the Weekly Crop Update’s readers and subscribers, to see what you find useful about this publication and to try to get some ideas on how it could be improved. We hope that you will take some time to complete the survey and let us know what you think. The online survey is at:  https://delaware.qualtrics.com/SE/?SID=SV_bmypKOsFJVVnkKp

Delaware Ag Week — January 14 – 18, 2013

Friday, August 31st, 2012

Monday, January 14 – Friday, January 18, 2013

The University of Delaware Cooperative Extension, Delaware State University Cooperative Extension and the Delaware Department of Agriculture are again cooperating to organize a week of agriculture-related events.

The following General Agenda outlines the various meetings and events that are planned and their approximate times. Most will take place at the Delaware State Fairgrounds. The associated trade show will take place in the Dover Building from Tuesday, January 15 to Friday, January 18. The First State Antique Tractor Club Exhibit will be set up January 15-17 in the Exhibit Hall.

The detailed session agendas will be available online at the end of November and the completed program will be mailed out in December. Delaware and Maryland Pesticide Recertification credits, Nutrient Management credits and CCA credits will be offered.

Ag Week General Agenda

Monday, January 14
Fruit & Vegetable Growers Association of Delaware Annual Meeting
State Fairgrounds
Fruit Session – 6 to 9 PM

Hay and Pasture Evening Session
State Fairgrounds – 6 to 9 PM

Tuesday, January 15
Fruit & Vegetable Growers Association of Delaware Annual Meeting
State Fairgrounds
General Session – 9 AM  to Noon
Fresh Market/Vine Crops – 1:30  to 4:30 PM
● FVGAD Annual Awards Banquet – 6-9 PM at Harrington Fire Hall

Hay and Pasture Day-Time Sessions
State Fairgrounds – 9 AM to 4:30 PM

Equine & Nutrient Management Session
State Fairgrounds – 6 to 9 PM

Small Ruminant Session
State Fairgrounds – 6 to 9 PM

Wednesday, January 16
Fruit & Vegetable Growers Assn. of Delaware Annual Meeting
State Fairgrounds
Processing Crops Session – 9 AM to Noon
 Vegetable Irrigation and Crop Stress Management Session – 1:30  to 4:30 PM
Direct Marketing Session – 9 AM to Noon

Farm to School Session
State Fairgrounds – 1 PM to 4 PM

Food Literacy Session
State Fairgrounds – 6 to 9 PM

Small Flock Poultry
State Fairgrounds – 6 to 9 PM

Beef Cattle Producers Session
State Fairgrounds – 6 to 9 PM

Thursday, January 17
Agronomy/Soybean Session
State Fairgrounds – 9 AM to 4:30 PM

Grain Marketing Session
State Fairgrounds – 9 AM to 4:30 PM

Friday, January 18
Poultry Production & Nutrient Management
State Fairgrounds – 9 AM to 4:30 PM

Precision Ag Session
State Fairgrounds – 9 AM to 4:30 PM

2012 Delmarva Poultry Conference

Friday, August 17th, 2012

Wednesday, September 26, 2012
Ronald E. Powell Convention Center
Ocean City, MD

7:00 – 8:00 am REGISTRATION/CHECK-IN

8:00 am Switchgrass as a Litter Alternative
Bill Brown, University of Delaware
Jennifer Timmons, University of Maryland

8:25 am Managing Water for Performance
Susan Watkins, University of Arkansas

8:55 am Ten Steps to Drier Houses and Better Paw Quality
Jesse Campbell, Auburn University

9:25 am Vegetative Environmental Buffer Update
Jim Passwaters, Delmarva Poultry Industry, Inc.

9:45 am Break/Refreshments/Exhibits

10:15 am Considerations for Attic Vent Installation
Jody Purswell, USDA-ARS

10:50 am Infectious Laryngotracheitis Disease Prevalence Patterns
Dan Bautista, University of Delaware

11:15 am Infectious Laryngotracheitis Control Strategies
David Shapiro, Perdue Farms, Inc.

11:40 am Using Technology to Enhance Management Decisions
Dan Goss, Verible

12:05 pm Flock Supervisors’ Award

12:15 pm Lunch and Exhibits

1:30 pm Solar Energy for Poultry Farms
Jim Glancey, University of Delaware

2:00 pm Poultry Grower Experiences with Solar Energy
Dan Heller, Flintrock Farm

Robbie Issacs, Issacs Farm

Terri Wolf King (unconfirmed), Cornerstone Farm

2:45 pm LED Lights – New Technology in Lighting
Susan Watkins, University of Arkansas

3:15 pm Poultry House Water Supply
Jesse Campbell, Auburn University

A block of rooms has been reserved at the Princess Bayside Beach Hotel (Standard: $55 + tax, Bayfront efficiency: $69 + tax)
800-854-9785   www.princessbayside.com

Rooms are reserved under:
Delmarva Poultry Conference
Reservations must be made BEFORE August 27, 2012

Registration form and additional information is online at: http://agdev.anr.udel.edu/weeklycropupdate/wp-content/uploads/2012/08/2012DelmarvaPoultryConference.pdf
or contact:
Lisa Collins: (302) 856-2585 x702 or lcollins@udel.edu