Crop consultant Dr. Michael Cordonnier left his U.S. corn and soybean crop estimates unchanged this week. But he has a neutral to slightly lower bias going forward for the corn crop due to "somewhat disappointing" early yield reports.
"Many observers are commenting on the amount of foliar diseases in the corn crop and the higher-than-normal amounts of ear rots and stalk rots. The increased disease pressure should be expected given all the moisture that has fallen since late July, especially in the western Corn Belt," adds Cordonnier. "Areas of excess moisture include much of northern and western Iowa, southern Minnesota, southeastern South Dakota and northeastern Nebraska. Unfortunately, there is more rain in the forecast for the northern Corn Belt I would view any additional moisture as a negative. The warm and humid conditions will make the disease situation worse, it will slow the dry down of the corn, and maybe even slow the early harvest progress in selected northern areas."
|Cordonnier 2016 estimates|| |
bu. per acre
Meanwhile, Cordonnier has a neutral bias going forward for the soybean crop. "The soybean harvest will accelerate this week especially in the drier areas of the central Corn Belt," he says. "It is going to be a record high soybean yield this year, it's just a matter of how high."