Current Marketing Thoughts
By: Kevin Van Trump
Kevin Van Trump has over 20 years of experience in the grain and livestock industry.
Less Lowered Rated Corn to Increase Yields?
Jul 11, 2013
I have been traveling extensively the past several weeks, in over 15-states, and the difference I am seeing this year compared to the past couple of years is fewer fields of "BAD" corn. The top-end or should I say record yields might be off the table many producers due to the late plant and or wet conditions, but as a whole there seems to be a lot fewer bad areas. I believe this will prove to be extremely important when the USDA starts to compute our national yield average. Remember, there is just 7% of the crop rated "Poor-to-Very Poor" compared to over 30% of the crop by this stage last year. My suggestion is rather than focusing in so heavily on the "Good-to-Excellent" side of the equation we start to pay more attention to the "Poor-to-Very Poor." I should also note that I have personally visited and spoken with several producers in key growing regions who are all singing a similar tune, "things look fairly good right now, BUT if we don't get some timely rains during the next few weeks this crop could turn in a hurry..." Producers continue to remind me that this years crop is NOT extremely strong and has fairly shallow roots, meaning even though it appears to look good from the road the slightest hiccup in weather could quickly cause yield reductions. If you want to read the entire detailed story, CLICK HERE. Thank You
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