Possible State Records In Yield Estimates

Clip Season 49 Episode 4953
Multiple Midwestern states could be looking at record corn and soybean yields as harvest approaches.

Multiple Midwestern states could be looking at record corn and soybean yields as harvest approaches.

Transcript

Multiple Midwestern states could be looking at record corn and soybean yields as harvest approaches.

DTN released its Digital Yield Tour expectations for the season, and estimates that lingering drought conditions will limit the Ohio corn crop to 191 bushels per acre. Ohio soybeans have received consistent moisture, resulting in a 56 bushels per acre estimate. The USDA is estimating 59 bushels in the state.

Indiana has the potential for a second record breaking yield year in a row. Corn is trending towards 196 bushels per acre, nearing the 2023 record of 203 bushels per acre. Soybeans are estimated to be 59 bushels per acre, close to the 2023 record of 61 bushels per acre.

DTN is forecasting a 212 bushel per acre average in Illinois, lower than the USDA’s estimate of 225 bushels per acre. Despite a cool and wet spring, soybeans weathered a hot and dry June to drive an estimate of 61.5 bushels per acre. 

Iowa entered the spring in drought, but plentiful rains pulled the state into normal growing conditions. DTN estimates the corn yield to be 205 bushels per acre, below USDA’s estimate of 209 bushels per acre. Despite a delayed planting season, soybeans are expected to reach 59 bushels per acre, nearing USDA’s estimate of 61 bushels per acre. 

For Market to Market, I’m Peter Tubbs.

Read the Full Transcript

Watch More

    ClipSeason51Episode5146
    USMCA and other global trade are vital to rural America as discussed in our Market Plus.
    AudioSeason51Episode5146
    Data centers, inflation, oil and USDA reports dominate our Market Analysis with Chris Robinson and Ernie Goss.
    EpisodeSeason51Episode5146
    USDA sends two reports into the world this week for acres and stocks. A mid-year review of the economic picture in rural America. And, commodity market and economic analysis with Chris Robinson and Ernie Goss.
    ClipSeason51Episode5145
    Shawn Hackett talks how the reoccurring drought in Europe might be enough for a short rally in corn.
    EpisodeSeason51Episode5145
    The Senate goes to work on Farm Bill 2.0. State and Federal laws collide as the Supreme Court rules in favor of Monsanto. A growing effort to protect farmland from development. And, commodity market analysis with Shawn Hackett.
    AudioSeason51Episode5145
    Super El Nino is part of the discussion in the commodities markets with our Market Analyst Shawn Hackett.