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Non-Tech : Farming

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Recommended by:
Julius Wong
To: Julius Wong who wrote (3985)5/8/2021 5:34:07 PM
From: E_K_S1 Recommendation  Read Replies (1) of 4065
 
FWIW, on the 2 different Youtube Farm channels I watch, one located in Iowa and the other in Minnesota, they are double planting corn this year. The typical planting is soybean and corn. Then the next year they plant corn where the soybeans grew and soybeans where the corn was.

The soybeans add nitrogen to the soil which then benefits the next year planting of the corn.

Nodulation and Nitrogen Fixation in Soybean Most of the nitrogen (N) requirement for soybean is supplied through the N-fixation process, which is a result of a beneficial relationship between the plant and specific soil bacteria.
Because Corn prices are so good, several of the farmers are double planting corn this year adding as much as 50% more corn acres of what otherwise would have been planted in soybeans.

This is reflected in what they call the 'New Corn' futures:
December Corn (Dec '21) 636-4s +11-0

The price is still very high but less than the current month

Corn (Jul '21) 732-2s +13-4

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As a result, this week China stopped buying corn at the current price and may be delaying and buying the new crop.

Most of the corn planting in Iowa and Midwest will be in the ground by Monday.

It's interesting to watch the commodity market and the Youtube videos as they plant and harvest\

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