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45701

Wet, Dry, Wet For Midwest "Dog Days"

DES MOINES, Iowa (Agriculture.com)--As the month of August enters its second week, the corn, soybean marketwatchers keep one eye on the sky. For the Midwest, a wet-dry-wet pattern seems to be the outlook for the rest of the "dog days of summer", according to Dan Hicks, Freese-Notis Weather Inc.

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The market is already factoring in less U.S. acreage and yield cuts, due to excessive rainfall in July. Plus, this upcoming week's USDA August Crop Production and Supply/Demand Reports will be factoring in resurveyed acreage, following the floods in the southern Corn Belt this spring and summer.

Meanwhile, there are weather models showing that the next 60 days could be drier and warmer for the Corn Belt.


Read more crop-weather outlooks

The most recent U.S. Drought Monitor highlights areas in northwest Iowa,
northeast Iowa, central Wisconsin, and northeast Minnesota as
abnormally dry. Click here for the latest drought update..

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