Southwest Iowa Crop Conditions

Southwest Iowa Crop Conditions

Southwest of Storm Lake

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

Past Weeks Rainfall: Plentiful
Soil Moisture: Full topsoil, subsoil more than adequate
Temperature: Highs in the 70’s to low 80’s, lows in the 50’s and low 60’s
Crop Progress: Corn is in dry-down mode. Beans are yellow, a few fields harvested. Weather forecast calls for cooler temps, 60’s highs and 40’s lows

Corn

Crop Stage: Corn moisture ranges from upper 20’s to lower 20’s, mostly above 25%. This is good for the 3rd week of September; however, dry-down will slow up with cooler temps and wet soils with several days of rain in the 10-day forecast. Stalk integrity is not the best in some fields, so it may be beneficial to commence harvesting those fields at higher moisture levels.
Yield Potential: Yield potential is excellent but variability makes it hard to get a good yield estimate.

Soybean

Crop Stage: Beans are yellowed and this week’s rain will help them even out and drop the last leaves. Expect harvest to really gear up next week.
Yield Potential: Early yield reports are quite good.

Corn Market

Current Prices: $2.95/bu
Fall Prices: $3.32 /bu
Past Weeks Trend: Lower

Soybean Market

Current Prices: $7.26/bu
Fall Prices: $8.07/bu
Past Weeks Trend: Lower

Comments:

Dennis Reyman AFM, ARA

Beans have posted 10-year lows, and not for the first time, in the past month. We thought $7.50 was bad,then $7.20 came into view. For those with a good amount forward sold, and the 82 cents (or $1.65 if USDA pays the 2nd “trade aid” payment in December), coupled with high yields could actually have a good year with beans.

Corn price continues to be pulled down by beans. USDA does project lower ending stocks next year even though this year’s crop is another large one. Year-round E-15 is needed to help absorb increasing production as well as increasing our use of a homegrown renewable energy source. What is America really good at? Growing corn!

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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