In Bob Lindeman’s soybean rows, planting populations are on a general decline, and the reduction is not about saving dollars up front but combating mold and rot. “In my area, I see everything from 150,000 even down to 90,000, but this is not about savings on seed,” he says. “The biggest driver is disease control to let air flow inside the canopy, while at the same time, maintaining or gaining yield.”
There is now a dollar value assigned to grain carbon intensity scores below 29 in the form of tax credits to biofuel plants that buy grain as part of their decarbonization efforts. Buying grain from growers with a lower carbon intensity score is the easiest way for refiners to lower their score and qualify for the tax credits.
Tuesday brought a big up day for corn and soybeans on a hot and dry extended forecast but also some war premium after Russia attacked the Odessa port. How high will prices go? Brad Kooima, Kooima Kooima Varilek, has the details.
