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Mark’s observations and comments from Day 3 of Crop Tour.
My observations and comments from Day 3 of Crop Tour.
Watch this live broadcast as Tour leaders and scouts comment on what they found on routes through Illinois and western Iowa, with results unveiled at 8:00 p.m. CT.
Stream the nightly meetings here. The video begins at 7:00 p.m. CT.
Forecast rains over much of the Midwest seemed to sink soybean futures, whereas corn and wheat seemed to be competing for 2021-22 acreage. Beef values challenged the June high and seemingly boosting livestock prices.
Your Tour leaders share a midday update as they sample fields in Illinois and western Iowa.
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Nebraska soybean pod counts down 5.5% from year-ago, rain needed soon; state’s estimated corn yield up over 4%.
Grain futures edged up in overnight trading, while soybeans continued the slide seen during Tuesday’s trading session. Surging beef prices seem likely to support cattle, while late pork losses bode ill for hogs.