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Midwest Crop Briefs: Tuesday, August 19

Jeff Caldwell 08/19/2014 @ 7:23am Multimedia Editor for Agriculture.com and Successful Farming magazine.

The mercury's heating up this week in the Corn Belt as expectations for this year's crop remain sky-high. Rainfall is still needed in some areas, yet some expect this year's soybean crop to break production records if conditions hold. That's starting to cause some concerns with issues like grain storage and whether this year's monster crop will continue to drive the grain markets even lower.

   



Corn Ratings Slip, Soybeans Bump; Light Market Reaction Expected
Published: August 18, 2014
Corn conditions took a slight dip, while soybean conditions moved up slightly in the last week, as the development pace for both crops settled in close to the average pace, according to Monday's USDA-NASS Crop Progress report. Overall, 72% of the nation's corn crop's in good or excellent condition, down just 1% from the previous week and 11% higher than this time a year ago.

Worried About Having Enough Grain Storage This Fall?
Published: August 18, 2014
As hard as it may be to believe already, corn harvest will soon be underway in the southernmost points of Missouri. And, with what many see as a near-ideal growing season up to this point, some are now starting to anticipate a crop that won't fit in existing grain storage. And, with corn prices way below where they were just a short time ago, farmers have a lot of incentive to hold on to that grain in anticipation of higher prices down the road.

Debate Flares Up After USDA Crop Size Estimates
Published: August 18, 2014
average corn and soybean yields continues, with the market apparently anticipating that those estimates will exceed the August forecasts, particularly for corn.  At the margin, the size of the crops will also be influenced by the magnitude of harvested acreage. Since 1996, when agricultural ...

Wheat Quality Story Builds
Published: August 18, 2014
As the news seems to be improving in the Black Sea Region Monday, most of last week's wheat prices seem to drift downward into new contract lows, on Friday headline of another Ukraine/Russia scuffle.  It’s a story that just doesn’t go away, the geo-political strife in a major grain producing and exporting region.

Didn't Plant a Monster Seed Population? Don't Worry
Published: August 18, 2014
That's especially true with corn plant populations, one expert says this week. There's been some discussion in Emerson Nafziger's state of Illinois lately about how this growing season -- one that's got some corn fields flirting with record or near-record yield potential -- could have supported plant populations up to 45,000 plants/acre.

Weather Starter: Heat Ratchets Up in the Corn Belt
Published: August 18, 2014
Temperatures surging into the 90s -- after a few weeks of below-normal temperatures -- are expected in much of the Corn Belt as the week starts, putting a premium on expected rainfall in parts of the region as the soybean crop reaches the homestretch of its most critical development period. ...

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