Here's is a comment that was posted describing what Iowa farmers are finding. Iowa is Corn and Bean country Big yields very nice operations. Great place to farm.
FWIW: From the heart of Iowa, a farmer-contact of mine says where the harvest is good, it's really good. But, where it's bad, it's really bad. For instance, one of his neighbors that expected 220 bu./acre harvested corn at just 150 bu./acre. He says the reports he's hearing are not that good, so far.
Separately, in the past few days, we've all seen some analyst firms come out with surprisingly low yield average estimates. And the market has been wondering about what kind of harvest is in Iowa. Maybe, my farmer-contact's comment is more relevant than I think.
Any one in Canada who is harvesting will probably agree. Where its good in the field its good and where its bad its really bad.
Our peas prime example 60 on higher ground 0 on lower to 5. Average 30.
Durum 75 on higher ground 0 to 10 in Flat drowned out areas. Average 40. No bin buster and these two crops were seeded in April and first few days of may on some of our best drained ground. (sorry landscaped). Rest will be even worse.
Also a hurricane in next 6 to 10 will hit Bean country with huge amounts of rain was on us weather service.
FWIW: From the heart of Iowa, a farmer-contact of mine says where the harvest is good, it's really good. But, where it's bad, it's really bad. For instance, one of his neighbors that expected 220 bu./acre harvested corn at just 150 bu./acre. He says the reports he's hearing are not that good, so far.
Separately, in the past few days, we've all seen some analyst firms come out with surprisingly low yield average estimates. And the market has been wondering about what kind of harvest is in Iowa. Maybe, my farmer-contact's comment is more relevant than I think.
Any one in Canada who is harvesting will probably agree. Where its good in the field its good and where its bad its really bad.
Our peas prime example 60 on higher ground 0 on lower to 5. Average 30.
Durum 75 on higher ground 0 to 10 in Flat drowned out areas. Average 40. No bin buster and these two crops were seeded in April and first few days of may on some of our best drained ground. (sorry landscaped). Rest will be even worse.
Also a hurricane in next 6 to 10 will hit Bean country with huge amounts of rain was on us weather service.
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