Agriculture News

Basis continues to fall for both corn and soybeans amid seasonal pressure during harvest and shipping problems to the Gulf given low water levels.
Scouts measured average corn yield potential of 177.4 bu. per acre. Pod counts in a 3’x3’ square averaged 1,027.
Scouts measured average corn yield potential of 190.8 bu. per acre. Pod counts in a 3’x3’ square averaged 1.218.
Scouts measured average corn yield potential of 196.30 bu. per acre for Illinois. Pod counts in a 3’x3’ square averaged 1,279.79.
Full results for the state will be released tomorrow.
Scouts measured average corn yield potential of 193.5 bu. per acre for Indiana. Pod counts in a 3’x3’ square averaged 1,240.
Scouts measured average corn yield potential of 182.6 bu. per acre for Nebraska. Pod counts in a 3’x3’ square averaged 1,226.
Scouts measured an average corn yield potential of 151.45 bu. per acre for the state. Soybean pod counts in 3’x3' came in at 996.86.
Scouts measured an average corn yield potential of 185.06 bu. per acre for Ohio. Soybean pod counts in 3’x3' came in at 1,195.37.
Kansas City and Chicago Federal Reserve Banks report farmland values rose in the second quarter but at only a moderate pace.