Agriculture News

Good crop in South Dakota, but probably not a record.
Insight on data collection and the process which yields Crop Tour results.
Observations from Day 1 of the western leg of the Crop Tour.
Western Ohio a bit of a mixed bag.
A crop with “consistent variability” will be hard to live up to expectations.
Scouts measured average corn yield potential of 174.18 bu. per acre. Pod counts in a 3' x 3' square averaged 1188.45.
Scouts measured average corn yield potential of 185.69 bu. per acre . Pod counts in a 3' x 3' square averaged 1,287.28
Ranchland Values Rise 4%
Preliminary results the Tour leaders and Consultants on the eastern and western legs.
Small increases in beans and spring wheat, corn down less than a point
Weekly corn, soybeans and wheat inspections each declined on the week.
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Indiana, Iowa and Wisconsin gain; Illinois unchanged
Significant increase in dry conditions for Arkansas
While prices were mixed, most still remain above nearby futures.
USDA reported net soybean sales of 1.13 MMT for the week ended Aug. 7, with sales primarily to unknown destinations. Meanwhile, old-crop corn and soybean sales each carved marketing-year lows.
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