Southwest Iowa Crop Conditions

Southwest Iowa Crop Conditions

Southwest of Storm Lake

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

Past Weeks Rainfall: Dry until last night. Raining last night and today.
Soil Moisture: Topsoil moisture is rated 67% adequate and 30% short or very short. Subsoil is 46% adequate and 54% short or very short. Drought Monitor shows normal to D0 (abnormally dry) for this area.
Temperature: Varying temps with highs from the 60’s to 80’s, lows from 50’s to 60’s. Forecasted highs in the 70’s, lows in the 50’s with several chances of rain.
Crop Progress: Corn emergence is 86% in west-central Iowa, soybeans 96% emerged.

Corn

Crop Stage: Corn is starting to stretch up. Height ranges from a few inches to a foot tall.
Yield Potential: Normal

Soybean

Crop Stage: Soybeans range from just emerging to several leaves at 3-4″ tall.
Yield Potential: Normal

Corn Market

Current Prices: $4.28/bu
Fall Prices: $4.00/bu
Past Weeks Trend: Steady in the past week.

Soybean Market

Current Prices: $10.03/bu
Fall Prices: $9.52/bu
Past Weeks Trend: Slightly lower in the past week.

Comments:

Dennis Reyman AFM, ARA

Most corn looks good, but not much rates “great” so far. That will likely change as it moves past the “ugly” phase which is common around late May. Root establishment appears to be good and is one benefit of early dry weather, as roots stretch down for moisture. My next report may rave about the great looking corn around the region! A few soybean fields were slow or uneven to emerge but rainfall got everything up and going in good shape. Most bean fields look quite good at this early phase. Post-emergence corn spraying for broadleaf weeds is underway and nearing the end. Soybean spraying is underway. 1st cutting alfalfa is reported to be 50% done, but by appearance most has been cut for the first time.

Grain prices continue to trade a stale pace. June is often a time when prices show their best strength in response to production concerns. With good planting pace, the only concerns about delayed planting are in Ohio and Pennsylvania, which is not huge acreage in the big picture. Mid-summer heat and drought will be the next concerns.

We looked back at the past 17 years of corn prices in June. 5 years were nearly steady, 5 years improved by 3-9% and 6 years improved by 10% or more at some point during the month. Obviously, a rally is not guaranteed but June is historically the best pricing month of the year.

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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