Agriculture News
Corn and soybeans posted two-sided trade overnight, while winter wheat futures were unable to build on yesterday’s corrective gains and spring wheat faced followthrough selling.
Corn and soybean futures were supported overnight by crop concerns amid expectations for a poor finish to the growing season, while wheat futures slumped.
Pro Farmer estimates the U.S. corn crop at 14.960 billion bu. with an average yield of 172.0 bu. per acre. We estimate the U.S. soybean crop at 4.110 billion bu. with an average yield of 49.7 bu. per acre.
Scouts measured average corn yield potential of 181.34 bu. per acre. Pod counts in a 3’x3’ square averaged 984.39.
Day 2 observations from eastern Crop Tour consultant Mark Bernard
Day 2 observations from eastern Crop Tour leader Brian Grete
Scouts measured average corn yield potential of 182.80 bu. per acre. Pod counts in a 3’x3’ square averaged 1,190.41.
Preliminary route reports from Brian Grete, Mark Bernard, Chip Flory and Brent Judisch on Day 4 of the Pro Farmer Crop Tour.
USDA reported net soybean sales of 364,900 MT for 2022-23, which topped the pre-report range by over 160,000 MT, while new-crop sales were just shy of the top-end pre-report range.
Brent Judish gives you a personalized tour through his third day on the 2023 Pro Farmer Crop Tour.
Chip Flory gives you comparisons to last year and the three-year average for western Iowa - including some perspectives on the “challenges” facing the west-central Iowa corn and bean crops.