Counties of: Emmet, Palo Alto, Kossuth, Winnebago, Hancock, Humboldt, Wright, and Pocahontas
Recent weather has been just what we needed to finish out the growing season. After getting dry in August, we received good, general rains in early September. We have also had above normal temperatures to help push the crop towards maturity, and no frost is in the long term forecast.
We still need a lot of time to mature the June planted crops, but crops planted in late April through mid-May are progressing well and should be mature by October 1 . Some very early soybeans have reached harvest stage, but most are just starting to turn color and drop a few leaves. By the next update in 2 weeks I’ll hope to have a few harvest results.
The markets have turned slightly more positive recently. The latest USDA report dropped yields a bit, to 167 and 48 bu/acre for corn and soybeans respectively. We were hoping for low numbers but at least the trend is going the right way.
More importantly, there has been some progress on trade talks, and a suspension of additional soybean tariffs by China. This puts us at a slight advantage to our export competitors in South America.
Please click on the links on the right to view the past pdf’s of our Northeast Crop Conditions reports.
1705 N Lake Ave
Storm Lake, IA 50588
Real Estate Licensed in Iowa, Minnesota, Nebraska and South Dakota.
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