Crop Conditions and Early Yield Estimates Not Looking Good in Indiana

first_img Facebook Twitter By Gary Truitt – Jun 26, 2019 SHARE SHARE Crop Conditions and Early Yield Estimates Not Looking Good in Indiana Crop Conditions and Early Yield Estimates Not Looking Good in IndianaWith planting activity coming to an end, the focus now turns to crop development and yield.  Northwest Indiana fields are looking the best of anywhere in the state. Purdue Extension corn specialist Dr. Bob Nielsen told HAT that fields in the NW got planted early and the corn looks good, but that is not the case in the rest of the state.“We have some fields that the corn is knee high and growing well and other fields that are a total loss. In some cases, the crop never came up; others died after emergence; and still others have been drowned out by standing water.” He said, on average, the crop around the state is, “not looking good.”Purdue soybean specialist Dr. Shawn Casteel says soybeans in the NW are up and looking okay, but other parts of the state have real problems.“We have areas in East Central Indiana where they really had to mud the crop in and then got hit with heavy rains and are now having to replant.” He added crop development is well behind schedule because of the lack of heat units we have had this spring.As for yield, Casteel says a 10% drop in production is likely for soybeans. Nielsen agrees, seeing an average of about 10% below trend line yields for corn.“But that is an average which means some folks will do well and some will have a total loss.”  He feels crops that are struggling now are not likely to improve much this summer.It is a long way to harvest, and both men feel lot can happen between now and then. “There are a lot of folks in a world a hurt right now, and it is not going to get a lot better,” said Nielsen. With pollination not likely to occur until August, it may be well in September before we have any good ideas of yield. Previous articleNegotiators Making Progress on USMCANext articleRyan Martin’s Indiana Ag Forecast for June 27, 2019 Gary Truitt Facebook Twitter Home Indiana Agriculture News Crop Conditions and Early Yield Estimates Not Looking Good in Indianalast_img read more

Energean Oil & Gas to re-structure Edison E&P transaction

first_imgThe Algerian assets will continue to be excluded from any formally amended SPA, as previously announced in April 2020 Energean Oil & Gas to re-structure Edison E&P transaction. (Credit: Akshay93 from Pixabay.) Energean Oil and Gas, the oil and gas producer focused on the Mediterranean, issues an update on its Edison E&P transaction.Following the recently announced termination of Energean’s agreement with Neptune Energy (“Neptune”), in which Neptune was to acquire Edison E&P’s UK and Norwegian subsidiaries, Energean is in discussions with Edison S.p.A. (“Edison”) to further amend its Sale and Purchase Agreement (“SPA”), under which Energean will acquire Edison E&P. Energean expects to enter into a formal amendment to the SPA in which, inter alia, the Norwegian subsidiary of Edison E&P may be excluded from the perimeter of the transaction.Energean will update the market if, and when, such formal amendment to the SPA is concluded with Edison, noting that there can be no certainty that an agreement on such terms can be reached.The Algerian assets will continue to be excluded from any formally amended SPA, as previously announced in April 2020. Source: Company Press Releaselast_img read more