Northwest Iowa Crop Conditions

Crop Conditions

Northwest of Storm Lake

Counties of: Buena Vista, Cherokee, Clay, Dickinson, Lyon, O’Brien, Osceola, Plymouth, Sioux

Past Weeks Rainfall: 3 to 4 inches of snow
Soil Moisture: normal
Temperature: below average
Crop Progress: none

Corn

Crop Stage: No Planting
Yield Potential: Normal

Soybean

Crop Stage: No Planting
Yield Potential: Normal

Corn Market

Current Prices: $3.47/bu
Fall Prices: $3.65/bu
Past Weeks Trend: 1 cent higher for the week

Soybean Market

Current Prices: $9.63/bu
Fall Prices: $9.65/bu
Past Weeks Trend: 11 cents lower for the week

Comments:

Chad Husman AFM

We’re into the second week of April with new snow on the ground. Normally we start planting corn by mid-April, but that will not happen this year. The outlook is cold and wet through the end of April. After drought conditions last fall, the soil moisture should be in good shape to start out with.

Corn planting will be delayed, but it’s way too early to start worrying about a yield loss or switching tosoybeans. As long as we get corn planted before mid-May, the crop should have nearly full potential. Most farm operations can plant all their corn in about a week, so things can change in a hurry. Most soybean planting happens after corn, so we could potentially get delayed on that crop also.

The grain markets have shown resilience recently despite the concerns about changing trade policy and export tariffs. China announced that they will impose a 25% tariff on 106 different US goods includingsoybeans and corn in response to the US’s implementation trade tariffs on $50 billion of Chinese goods.

Crop Update Achives

Please click on the links on the right to view the past pdf’s of our Northwest Crop Conditions reports.

Market Conditions

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