CURRENT MARKETS
SOYBEANS
PreviousLastChange
SEP '179.30259.37500.0725
NOV '179.33009.37750.0475
JAN '189.41259.45750.0450
MAR '189.49509.53750.0425
MAY '189.56759.60750.0400
JUL '189.63009.66750.0375
AUG '189.63759.67250.0350
SEP '189.56259.58750.0250
NOV '189.50259.51250.0100
CORN
PreviousLastChange
SEP '173.50503.52000.0150
DEC '173.64253.65750.0150
MAR '183.76253.77750.0150
MAY '183.82253.84000.0175
JUL '183.88253.90000.0175
SEP '183.93503.94750.0125
DEC '184.00254.02000.0175
MAR '194.08754.10000.0125
MAY '194.13504.14750.0125
ROUGH RICE
PreviousLastChange
SEP '1712.12012.1450.025
NOV '1712.40512.4400.035
JAN '1812.64512.6700.025
MAR '1812.75512.7900.035
MAY '1812.77512.8100.035
JUL '1812.89012.9250.035
SEP '1812.08512.1200.035
WHEAT
PreviousLastChange
SEP '174.14004.16000.0200
DEC '174.40754.42500.0175
MAR '184.63754.65250.0150
MAY '184.79254.79750.0050
JUL '184.92754.93000.0025
SEP '185.08255.08750.0050
DEC '185.26505.27000.0050
MAR '195.37755.38250.0050
MAY '195.36755.37250.0050
FEEDER CATTLE
PreviousLastChange
AUG '17140.475140.5000.025
SEP '17140.725140.025-0.700
OCT '17140.475139.925-0.550
NOV '17140.750140.725-0.025
JAN '18137.675137.8500.175
MAR '18135.275135.8250.550
APR '18135.450137.0251.575
MAY '18135.175136.8501.675
DTN

All futures and equities data is a 60 second snapshot of the below exchange delayed rules.

  • NYMEX and COMEX at least 10 minutes.
  • CBOT at least 10 minutes.
  • KCBOT at least 10 minutes.
  • CME at least 10 minutes.
  • ICEFC at least 10 minutes.
  • ICEFE at least 10 minutes.
  • ICEFU at least 10 minutes.
  • MGEX at least 10 minutes.
  • NYSE at least 15 minutes.
  • NYSE MKT at least 15 minutes.
  • NASDAQ at least 15 minutes.

In many areas this spring high amounts of rainfall have hindered plant growth and, in some fields, even reduced plant populations to levels where replanting was necessary. Now, tropical storm Cindy has dumped a significant amount of rain across Southern soybean producing areas. In some cases, this has resulted in flooding. Today we’ll take a look at the impact flooding can have on soybeans.

First, there are no canned answers for this problem. When flood waters cover fields, oxygen concentration can be reduced to zero in 24 hours. Without oxygen, soybean plants cannot perform essential processes (respiration, water uptake, root growth and nodulation) to remain alive. According to the literature, soybeans can survive flooded conditions up to 96 hours. However, this is dependent on a number of factors like ambient and water temperature, standing verses moving water, soil type and crop growth stage.

Temperature: High temperatures result in increased respiration which reduces the time the plant can survive the flooded condition. Under these conditions, the plant requires more oxygen. Since the oxygen levels are depleted, the plant will die sooner compared to survival during cooler temperatures. Ideally, if flooding does occur, cool temperatures (ambient and water) coupled with cloudy weather will allow for the best opportunity for recovery.

Water standing vs. moving: Flood waters are bad; however, moderate water movement will allow some oxygen to get to the plant’s root system and buy a little more time for survival.

Soil type: The faster the soil dries, the less likely the damage will be. Flooding is potentially worse on clay soils because these soils dry slower than other soil types.

Growth Stage: Certainly, flood waters can negatively impact soybeans at any growth stage. However, the most susceptible growth stage is R1-R2. Generally speaking, larger plants need more oxygen to survive.

Something to keep in mind… In addition to retarding growth and reducing yield potential, flood waters and saturated soils will increase the risk to soil born the pathogens Pythium and Phytophthora. These fungi are referred to as ‘water-loving’ fungi.