FHB Risk
Wheat on the Eastern Shore and Southern part of the state is flowering. FHS risk is increasing for highly susceptible varieties. Growers are advised to spray head scab fungicides. If planted a resistant variety, risk is predicted low currently. In northern counties, wheat is booting and still roughly 1 to 2 weeks away from flowering. Read the full report here.
CME Resetting Daily Price Limits for Grain
The Chicago Mercantile Exchange Inc. will resent price limits for grain, oilseed, and lumber futures. The new daily limit includes corn at 50 centers (was 35), soybeans at 115 cents (was 90), and wheat at 80 cents (was 85). The new future price limits are effective on trade date May 2, 2022. Read more here.
Biden Proposes to Boost U.S. Farm Subsidies during War in Ukraine
As part of a $33 billion funding request related to the war in Ukraine, the Biden administration has asked Congress to approve $500 million. in subsidies for U.S. farmers to encourage more domestic production of wheat, soybeans, rice, and other commodities. The goal is to produce more of a certain commodity that is experiencing a global shortage. Read the full story here.
EPA Issuing Emergency Fuel Waiver for E15
The EPA issued an emergency fuel waiver to allow E15 sales during the summer driving season. The announcement lays out actions to increase the use of biofuels in order to reduce reliance on fossil fuels, accelerate the clean energy transition, build real U.S. energy independence, support American agriculture and manufacturing, and saves Americans money at the pump. Read more here.
May 2022 Agronomy Newsletter can be found here.
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