China-Phase One Deal. Details are pretty quiet. Cattle was the market that took this all in as there has been a lot of people that have been short. Holiday trade is in place. Beans rallied but didn’t have the full fireworks many had hoped for. Corn turning positive.
Lower grains in the trade. Big trade factors today include the FEDS Statement, Brexit & China tariff deadline. What will happen between now & Sunday with China & how will the markets
continue to watch. Brazilian weather for the most part is pretty good. Argentina has some heat, but showers are possible. Livestock ASF, getting reports of an uptick in breakouts in China-not official but being talked about on the ground.
USMCA. Higher grain numbers…did the Chinese numbers get faded out? WASDE report. Chinese production numbers corn & wheat were higher. Final USDA Crop Progress report for 2019. Dollar traded lower. Livestock…USDA cut in exports for beef & pork. Chinese hog heard is starting to rebuild. Cattle markets & weights.
USMCA Chatter. Spitting of weather across the Midwest. Soybeans sharply higher-funds are short. Trade deal talks of last week makes some worried that a deal with China might not be done. Extended crop reports…crop report out tomorrow-can we expect any surprises? Stats Canada Vomitoxin issues, test weight issues on corn. South America weather. Price action on the livestock shows we haven’t learned a lot on the trade issues.
Winter doldrums effecting the markets, trade war has no real incentives from China. Crop size & the USDA reports. Basis & its pressure on the elevators. South American Crop.
Grain elevators face significant challenges in the year ahead as they buy basis on corn, soybeans and wheat at the highest levels seen in years, according to a new report.
CoBank reports basis for the three major grains is significantly tighter across the country from strong end-user bids, limited pipeline supplies, and lack of farmer selling amid an uncertain fall harvest. A CoBank researcher says, “grain elevators are being compelled to offer farmers a range of incentives to sell bushels,” including lower rates on storage, free delayed pricing and free grain drying, all cutting into elevator margins.
Grain quality issues resulting from high moisture at harvest and frost damage on immature crops will also raise management costs for elevators, potentially resulting in greater losses to shrinkage and spoilage. A propane supply shortage in some regions is also driving up the cost of drying grain.
However, grain elevators also have an opportunity to improve margins in an otherwise stressful year, as basis will likely soften as more bushels come to market as harvest operations conclude.
We welcome Matt Bennett of AgMarket.Net to the Fontanelle Final Bell. Matt is from Windsor, IL
Covering basis & cash…worries about giving up ownership at year’s end. Looking into 2020 & how to market going into the new year. Crop progress report. Ethanol Markets…corn isn’t there so how you move & keep the bottom line. Will South America put pressure on us in 2020. Effects on the dollar for our grain trade.
Another solid week on the cash cattle. Could there be a correction headed our way? Any holiday pressure that might work into. How are cattle weights. Holcomb KS plant to start back up this week. How do you think the market react? Funds are long. Some red flags popping up. Hogs…way to cheap but China is playing a role in that. 10% of corn crop still in the field. Basis in corn market. China on again off again. December 15th…will we see changes before then? Mixed grain markets.
AMES, Iowa — Honey bees are facing tough times. Colonies of these pollinators are being lost at an unprecedented rate, and some are blaming farming practices, in particular, the intensive corn and soybean production systems in the Midwest. New research by Iowa State University and University of Illinois scientists offers a more nuanced view of the role of agriculture in honey bee health than what has been previously known.
Scientists placed honey bee hives next to soybean fields in Iowa and tracked how the bee colonies fared over two growing seasons. The bees did well for much of the summer, they found. The colonies thrived and gained weight, building up their honey stores.
But in August, the trend reversed. By mid-October, most of the honey was gone, the team discovered, and the bees themselves were malnourished.
The researchers moved some of the affected hives to reconstructed prairie sites with a lot of late-flowering prairie plants. Those hives rebounded to healthier levels and were better prepared for winter.
“We saw a feast or famine kind of dynamic happening, where in the middle of the summer the hives in ag fields were doing great. In fact, the hives in the most highly agricultural areas out competed hives in areas with less row-crop production,” said Amy Toth, professor of ecology, evolution, and organismal biology at Iowa State. “But then they all just crashed and burned at the end of the season,”
Toth was part of a collaborative team that included ISU entomology professor Matthew O’Neal and University of Illinois entomology professor Adam Dolezal. Dolezal performed the work while a postdoctoral researcher at ISU, along with two graduate students, Ashley St. Clair (in ecology and evolutionary biology and entomology) and Ge Zhang (in entomology).
Their findings, published this week in the Proceedings of the National Academy of Sciences, offer new insights into the role of agriculture on honey bee survival, according to the report’s authors.
Overall, the results show that intensively farmed areas can provide a short-term feast, but such landscapes are unlikely to sustain the long-term nutritional health of colonies. However, reintegration of biodiversity into such landscapes may provide relief from late season nutritional stress.
“There’s been a lot of interest in how bees respond to agriculture,” Dolezal said. “There’s been work on pesticides, and predictions that intensively farmed landscapes have lost a lot of floral resources important for pollinators.”
On the other hand, there have been studies that found honey bees do well in agricultural areas, Dolezal said. “One hypothesis has been that bees near agricultural zones have more access to flowering crops and weeds like clover than those near forests, which can have fewer flowering plants,” he said.
Bees forage clover and strips of prairie
To learn more about what plants the bees relied on, Ge Zhang took samples of pollen carried by foraging bees on their way back into the hive. Over the entire year, over 60 percent of their pollen collection was from clover.
The researchers were surprised how much clover the bees were foraging on in landscapes devoted nearly exclusively to corn and soybeans.
“Most of the field edges are mowed, but can contain clover,” said O’Neal. “This little bit of land could be offering a significant source of food for bees.”
Soybean and clover bloom until late July in central Iowa, where the study was conducted. In early August, that food supply dwindles greatly, however. Between early August and mid-October, the researchers found that the weight of the study hives next to soybean fields dropped, on average, more than 50 percent. The bees were eating through their winter stores before the onset of cold weather.
“More than 80 percent of Iowa is dedicated to agriculture. While the two most important crops do not require bee pollination, corn can provide pollen and soybeans produce a lot of flowers, which can be a source of nectar for honey bees,” said O’Neal. “The weight gain of a hive is due to honey, which comes from nectar.”
The nectar is used to make honey — an essential food for overwintering bees — and the pollen provides other nutrients, like proteins and lipids. To survive the upcoming winter, honey bees must gather enough nectar and pollen from surrounding areas to tide them over.
“As winter approaches, the last generations of bee larvae normally experience unique physiological changes that better prepare them for the harsh season,” said Dolezal. “These bees have higher fat stores and their aging is slowed so they can get through the winter,” he said. “But we found that the winter bees near soybean fields did not have the same level of fat stores.”
In part of the experiment led by Ashley St. Clair, the team moved hives to prairie sites in August to see if the bees fared better. Indeed, bees near prairie developed higher fat stores.
“This suggests that the rebound hives experienced when we put them in the prairie also trickled down to improved nutritional health for individual bees,” Toth said.
The researchers do not recommend that beekeepers move their hives to prairies. Remnant and restored prairies are rare and too small for many hives, the researchers said. Overstocking with honey bees could even negatively affect native bees. Instead, the team is testing an intervention, where strips of reconstructed prairie are installed inside or alongside agricultural fields. In addition to feeding the bees at a crucial time in their life cycle, prairie strips could also reduce erosion and prevent the flow of nutrients from farm fields into waterways, the team said.
Support for this research came from the United Soybean Board, U.S. Department of Agriculture Hatch Act funds, the State of Iowa and Iowa State University College of Agriculture and Life Sciences Agriculture and Home Economics Experiment Station.
This article was developed in cooperation with the University of Illinois News Bureau.
Markets closed early on Friday for the Thanksgiving holiday. This year’s crop outcome-what will be harvested is about there-this could move the markets higher as reality sets in that all the crop won’t be out before 2020. How will this change the basis? Cash will win in the end. South American production-any issues heading into December. December 15th deadline looming with China-will they just continue to buy what they need? Corn exports saw some improvements this past week. Getting a final spike trade in the dairy industry. Still seeing some Chinese purchases for milk powder. Weeks snowstorms and upcoming weekend weather be of concern to the feeder cattle market?