December corn

December Corn Number Predictions

We mentioned on this report about a week and a half ago that it would take extended hot dry weather and a bullish Pro Farmer Crop Tour number to push December corn up to and past the 550 level. Now the corn rally is now two weeks old nearly uninterrupted as we begin the first day of September and the …

Pro Farmer

Pro Farmer Crop Tour Numbers

Pro Farmer crop tour numbers are well absorbed into the trade now as well as the weekly crop updates. Bottom line analysts suggest moving December corn futures higher will need new data. But traders may have to wait until USDA’s September 11th crop report to get that data. USDA is sending out crop scouts right now. They’re doing their infield …

Pro Farmer Crop Tour

Pro Farmer Crop Tour Wraps Up

The Pro Farmer Crop Tour winds up today with USDA Crop Scouts heading out a week from today. Two Pro Farmer teams meet in Rochester, Minnesota tonight, one coming from the eastern Corn Belt, one from the west. They’ll compile data from the tour this week combined with other data they’ve received from other crop areas that were not part …

Pro Farmer Crop Tour

The Pro Farmer Crop Tour Kicks Off

The Pro Farmer Crop Tour kicks off this morning covering 2,000 fields in seven Midwest states. Interesting to see how results differ, if any, from USDA numbers last week. But I will start the edition of the Bottom-Line Report by wishing my wife Kathy a happy anniversary. 53 years we’ve been living happily ever after. Well, the Pro Farmer Tour …

Pro Farmer Releases National Crop Yield Estimates

The Pro Farmer Crop Tour recently wrapped up its 2023 expedition after traveling through corn and soybean fields in multiple states. After predicting yield estimates for each state, Pro Farmer puts all the numbers together to come up with its national harvest predictions for corn and soybeans. Pro Farmer predicts a national corn yield of 14.96 billion bushels and an …