Southeast of Storm Lake

Crop Conditions for 10/2/17

Past Weeks Rainfall .5-1.5 inches
Soil Moisture Above Average
Temperature Average
Crop Progress Early Harvest

Corn

Soybeans

Crop Stage Physiological Maturity Crop Stage Early Harvest
Yield Potential Below Average Yield Potential Average

Corn Market

Soybean Market

Current Prices $3.06 Current Prices $8.80
Fall Price $3.45 Oct 2018 Fall Price $8.94 Oct 2018
Past Weeks Trend Higher Past Weeks Trend Lower

Comments

 

Farmers were able to get in the fields toward the end of last week as the ground and soybeans both dried to manageable levels.  Most of the action in fields has been in soybeans so far.  This week looks like mostly rainy and cloudy days, making soybean harvest progress slow.  Longer term looks like improvement with no frost threat in the 15 day forecast.

Soybeans are mostly mature and ready to harvest although some later maturity fields are still too green/wet.  Luckily, we will not be receiving our killing frost by the average date; normally this week.  Early yield reports are “better than expected considering the growing season.”  Better than expected, in this case, means about even with the field’s 10-year average.  Most farmers were expecting to be below the long-term average.

Corn is likely to benefit more from the delayed frost this year as the late planting this spring has delayed maturity in some fields beyond the average frost date.  Many fields have reached maturity but grain moisture is still around 30%.  Desirable harvest moisture is 15-17% to keep drying costs within a reasonable range.  The delayed soybean harvest will provide time for the corn to naturally dry in the field.

 

Grant Aschinger

Grant

10-2-17

9-19-17

9-11-17

8-21-17

7-26-17

6-21-17

6-12-17

5-30-17

5-10-17

4-27-17

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