The corn and soybean fields are nearly planted. The winter wheat is close to harvest. And rain is in the forecast.
It’s making the market—and Jerry Gulke—wonder just how those crops are doing, thanks to chilly temperatures and rain in various parts of the Midwest.
“We may see some general observations saying that the crop conditions in general deteriorated and that may be a spotty situation, so we’ll have to see how that turns out,” says Gulke, who is the president of the Gulke Group in Chicago and a farmer in Illinois.
Frost and standing water is a concern for both corn and soybeans right now.
“It got pretty cold up there. Some of that corn was frosted once. It got very close to being hit again,” Gulke says. “There are a lot of beans in cold, wet ground all the way from the middle South Dakota to the Canadian border … A lot of people may be thinking those beans may have rotted in the field and they’ll have to replant them.”
Listen to Gulke's full comments on the Weekend Market Report:
Tuesday’s crop progress report should give more information about the hard winter wheat crop, which is also at risk from heavy rain fall.
“We’re getting close to harvest in that hard red winter wheat area, and they’ve had an excessive amount of moisture,” Gulke notes. “It’s just interesting that Texas solved their drought in one year. Weather forecasters said it would take years before that happened, and now we’re getting as much rain in one day as we got all last year. It’s amazing what Mother Nature can do to us at the last moment.”
How do the crops look in your area? See what other farmers have to say in AgWeb’s Crop Comments section.