Agriculture News
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
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.
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.
Prices lower as harvest progresses well
This year’s crop has been hyped up to be record breaking — we will see how that holds up.
USDA increased the national corn yield by 7.8 bu. per acre while also increasing harvested acres.
Conditions remain relatively good for early August