Sep 15, 2014
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Current Marketing Thoughts

RSS By: Kevin Van Trump, AgWeb.com

Kevin Van Trump has over 20 years of experience in the grain and livestock industry.

Crop Tour Points to Higher Yields?

Aug 21, 2014

Results Pro Farmer Midwest Crop Tour:  Day #3 of the Tour came to an end with scouts giving us a look at Western Iowa and the final Illinois numbers. Both corn yields and soybean pod counts for Illinois and Western Iowa were better than last year and much better than their 3-year average. Today, crop scouts will dive into the remainder Iowa and Minnesota.  Then this evening participants from both the Eastern and Western leg of the tour will come together in Rochester, Minnesota to give us their final overall estimates. Remember, as I mentioned before the tour started, Day #4 (today) could bring a bit of disappointment, especially as the crop scouts work their way further north.  I try no to get caught up in the short-term day-to-day movements of the market, but as the tweets and social media roll across the screen, theres a chance we could see a bit of a short-covering rally.                           CLICK HERE for my daily report...    

Western Iowa (Wednesday) - 3 districts surveyed yesterday the rest of the state today. Corn: District 1 - 177.48 vs 175.6 bpa last year vs. 3-year avg. of 170.72;  District 4 - 180.06 vs. 170 bpa last year vs. 3-year avg. of 162.06;  District 7 - 180.90 vs. 160.12 bpa last year vs. 3-year avg. of 146.77.  Soybean pod counts by district: District 1 - 1091.34 vs. 802.98 last year vs. 3-year avg. of 962.06; District 4 1124.96 vs. 849.79 last year vs. 3-year avg. of 1045.65;  District 7 - 1166.21 vs. 1101.49 last year vs. 3-year avg. of 1091.22. 

Illinois (Wednesday) corn yield reported at 196.96 bpa vs. the 170.48 bpa estimate last year  vs. the 3-year average of 149.36 bpa. Soybeans showed a pod count in a 3’-by-3’ square of 1,299.17 vs. the 3-year average of 1,085.35 and last years estimate of just 1,115.97.

Nebraska (Tuesday) corn yield reported at 163.77 bpa vs. 154.93 bpa last year  vs. 3-year average of 146.81 bpa. Soybeans showed a pod count in a 3’-by-3’ square of 1,103.36 vs 1,138.94 last year vs. the 3-year average of 1,106.62.

Indiana (Tuesday) corn yield reported at 185.03 bpa vs. 167.36 bpa last year vs. 3-year average of 141.24 bpa. Soybeans showed a pod count in a 3’-by-3’ square of 1,220.79 vs. 1,185.14 last year vs. the 3-year average of 1,118.65. 

Ohio (Monday) corn yield estimated at 182.11 bpa vs. 171.64 bpa last year vs. the 3-year average of 146.43 bpa.  Soybean count at 1,342.24 pods in 3’-by-3’ square vs. 1,283.61 last year vs. the 3-year average of 1190.18 pods.

South Dakota (Monday) corn yield reported at 152.71 bpa vs. 161.75 bpa last year vs. 3-year average of 125.70. Soybeans count at 1057.8 in a 3’-by-3’ square vs. 1,016.68 last year vs. the 3-year average is at 902.76.  CLICK HERE for my daily report...

 

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