Corn futures at six-week highs, at mid-week soybeans seven-week highs, and the hot, dry weather is extended. Some private forecasters are already pulling back the top end of yield potential for corn and soybeans, we are told. Bottom Line analysts say that even a one-bushel-per-acre decline in the national soybean yield drops new crop ending stocks by over 70 million …
Weather Affecting Industries
World events certainly affect grain, and livestock markets all year long, but as we move deeper into July, weather takes more of a spotlight for both. Markets back open today after the holiday. We hope it was a great weekend for family and friends. We mentioned in a report last week that December corn historically reaches a top 10 to …
Date Projections for Corn Reaching 50% Pollination
Our partners at Commodity Weather Group released a report recently that projects dates at which the corn crop will reach 50% pollination. Commodity Weather Group’s report is based on planting dates, accumulated growing degree days, also factoring in current 15- and 30-day weather forecasts. The report shows the bulk of the nation’s corn crop, basically anywhere north of Interstate 80, …
Condition Index For Winter Wheat
We’re familiar with the weekly crop ratings, various categories from very poor all the way up to excellent. The condition index is also part of the trade we don’t talk about often, but winter wheat index for mid-May is near the lowest in 40 years. Crop index, again considering all the ratings categories and then relates them to history, the 10-year average index for …




