USDA is reporting that 71% of the corn crop is in “good” or “excellent” condition, which is down from last week’s 72% but better than last year’s 70%.
Pricing for all of the major grain commodities rose during the last week. Corn prices increased 7% and are 9% above year-ago levels. Soybean prices rose 6%, but are down 10% compared with the same period a year ago. Wheat prices improved by 18% vs. the previous week and are up 26% year-over-year.
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In this episode of On the Record, brought to you by Weasler Engineering, we look at how the Port of Baltimore's closure will alter the flow of high horsepower tractors in and out of the country. In the Technology Corner, Noah Newman talks about some changes coming to drone operation regulations. Also in this episode, Kazakhstan's potential for the North American ag equipment industry and what 2024 holds for the sprayer market.
Montag is the industry’s innovative leader for precise, accurate metering of fertilizer, seed and other nutrients. The Montag system has become the standard for deep banding of fertilizer. Montag is also pioneering the technology for cover crop seed application. The new Cover Crop+ is able to meter the smallest seed, and can be mounted to tillage implements, combines, plus Hagie sprayers and detasselers.
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