"Freaky Crops" Reported in Northeast Iowa, No Worse Than 2015

October 5, 2016 03:57 PM

Soybean yields that are being reported are drawing down the cost of production on a per bushel basis because yields, seemingly everywhere, are appearing impressive. 

On Market Rally Thursday, Karl Setzer, grain analyst with Max Yield, said he isn't seeing or hearing any yields worse than what they were in 2015.

In most areas, he sees soybean yields between 65 to 70 bushels per acre while there have been reports of 80 to 85 bushels per acre soybeans, credited to 4 beans per pod. 

But why report these massive yields? Do farmers want to drive the price down? One Twitter user asks, and Chip responds. Listen below for his response.

On the other hand, according to Setzer, farmers don't know if they can top what they had a year ago, despite the crop being no worse than 2015.

A caller from northeast Iowa reported "freaky crops," even after the near-record rainfall that part of the state received nearly two weeks ago. He reports corn yields are reaching 240 to 250 bushels per acre, and that's on corn-on-corn ground.

"Rain makes grain," he said with a chuckle.

In Illinois, one caller said compared to June estimates, corn is coming in surprisingly well, 225 to 260 bushels per acre on 76 acres. He says this is surprising because there was more stress in this growing season than there was in 2014. 

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Spell Check

Sharon , IA
10/7/2016 10:06 AM

  Not sure where seemingly everywhere is and I must not live there. The Bean yield for us last year averaged 65 bushel this year it will be at least 10 bushel less than that. Most neighbors are saying the same thing, beans look really good but not yielding as good as they look.

Tollesboro, KY
10/26/2016 01:04 AM

  I don't know who's reporting all these wonderful yields for soy beans. But we sure didn't get the rain they must have got!! We are way down in production. I have always said farmers are there worst enemy!! That's just crazy...they are driving our price down and they think they are so smart. Not everybody is getting those types of yields. Something smells fishy here. What a bunch of dumb farmers we have driving the market down.

Alan Casper
Hildreth, NE
10/6/2016 07:13 PM

  Corn yields may but good in some spots but here in south central Nebraska yeilds are at least 15-20 percent less than the last 3 years. Just yesterday got a yeilds report of some prime irritated ground at a 187 bussel per acre yeild, and last year the same field did 274 and hearing those same reports all across the state.