Southwest Iowa Crop Conditions

Southwest Iowa Crop Conditions

Southwest of Storm Lake

Counties of: Woodbury, Ida, Sac, Monona, Crawford, Harrison, Shelby

Past Weeks Rainfall: Not as large as predicted. 1″ or less was common.
Soil Moisture: Plenty of moisture in topsoil and subsoil.
Temperature: Cool, windy and cloudy many days. Temps running below normal. Amazingly, soil temps still int he low to mid 50’s.
Crop Progress: Corn planting is pretty well done in this area. Bean planting is well underway.

Corn

Crop Stage: Most corn fields are either emerged or just emerging.
Yield Potential: Trend-line or better

Soybean

Crop Stage: Few bean fields are emerged.
Yield Potential: Trend-line

Corn Market

Current Prices: $3.63/bu
Fall Prices: $3.67 /bu
Past Weeks Trend: Trending higher in two past weeks based on US planting.

Soybean Market

Current Prices: $7.38/bu
Fall Prices: $7.60/bu
Past Weeks Trend: Some recovery, pulled up by corn rally.

Comments:

Dennis Reyman AFM, ARA

Most corn in this region was planted between April 20 and April 25 , then again between May2 to 5 . Rains then forced planters to sit until mid-May. This area has not really received huge rains, just lots of cold, damp weather that has kept fields wet and growing conditions
much below average. That said, corn that is emerged has good, even stands and will start to grow rapidly with more warm, sunny days. A good start can bring corn to “knee-high” by June 4 , a month earlier than the old saying. Unless we get a change to better weather, few fields will reach that by June 4 . That really doesn’t matter, as long as summer weather brings corn to pollination in mid-July.

Lack of planting progress across the US is a big story this year. Corn prices have rallied to the highest prices since a year ago in May. With states like Illinois, Indiana, Ohio, and South Dakota WAY behind normal with a continued wet forecast, it is now late enough to impact final yields.Be thankful for our good fortune so far this spring!

After a week of rumors, USDA just announced the next round of Market Facilitation Payments (MFP). Last year, corn was paid 1 cent/bushel and soybeans $1.65. This year, the exact formula has not been unveiled but we do know that it will total $14.5 billion with payments determined on a county-by-county basis. The first payments will be sent in July or August. There may be two additional payments later, but that is dependent on trade progress. Stay tuned!

Crop Update Achives

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

Market Conditions

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