By Doug Tenney, Leist Mercantile
As we move into August, we would normally be seeing much higher consensus about expected U.S. corn and soybean yields. Nothing could be further from the truth for this unusual growing season in the U.S. For weeks many have called this a growing season of the “haves versus the have nots.” Consistent rains in June and early July in the eastern Corn Belt states of Illinois, Indiana, and Ohio have many producers expecting above average corn and soybean yields. Several of those rains were broad in coverage.
Conversely, the northern Corn Belt states of Minnesota, South Dakota, and North Dakota would be called the “have nots,” with poor yields, as they have consistently during June and July experienced numerous hot and dry periods of a week or more. Rains then followed, broad in scope and geographic coverage for several states, but severely lacking in significant amounts of rain of one inch or more.… Continue readingRead More »