From The Editor
August 31, 2012
Hello Pro Farmer Members!
It's been a whirlwind at Pro Farmer for the last three weeks -- final preps for Crop Tour... then hitting the road for the Tour... and wrapping it up this week with analysis, more coverage and a final interview on CNBC's Squawk Box this morning. Now it's over for another year. Frankly... it feels like we got into the final prep yesterday and it's already wrapped up. Crop Tour time flies by...
It was a great Pro Farmer Midwest Crop Tour, and the credit goes to the scouts. Once again, even rookie scouts realized that assessing crop size is almost a side benefit of the Tour. The real benefit comes from the people they meet, the conversations they have and the relationships they build.
As you can see in this week's Pro Farmer newsletter, we're more concerned about being too high with our corn yield estimate than we are about being too low. We looked at a very "weak" corn crop and any rain and wind at this time of the year on this crop will leave even more bushels on the ground. We can't afford that this year.
On soybeans, we briefly mention the downside risk on soybean yields in this week's newsletter, but the downside risk is real. And soybeans can't afford to lose another bushel any more than corn can afford it.
There is one last piece of Crop Tour coverage that's worth watching. If you didn't see this morning's AgDay, you need to give it a watch when you get a chance. Just follow this link and click on the arrow to play the show. Our partners at AgDay did an excellent job of showing what the Crop Tour is all about.
That's it for now...
Have a great Labor Day weekend! If you're getting started with harvest, be safe!
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