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Re: Getting ready for the USDA report...


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Posted by JDseller on July 27, 2012 at 07:25:09 from (208.126.196.144):

In Reply to: Getting ready for the USDA report... posted by John_PA on July 27, 2012 at 00:08:58:

The corn crop this year is going to be smaller but no body has any idea where it will end up at. This drought is different than 1988. There are pockets of very good corn and areas that have terrible corn. Some times that may even be in the same field.

The worst I have seen is in South west WI. There are many fields there that are not even three feet tall. I was down to Quincy IL. just yesterday. I went down through Mt. Pleasant, IA and came back up thought Muscutine,Ia. Some of the corn is terrible but there was a lot of real good corn in areas too. It is really soil and variety different in just short distances.

I have several side hills that the dry spell in mid-May destroyed the stand. So they are going to be 70-80 bushels but I have several larger fields that are looking great and should be in the 150 range. I have shucked back a lot of ears an they are pollinated and filling pretty good.

I have the best crop of soybeans that I have had in several years. Zero weed, bug, or mold problems. They are podding real well right now. We had 7 ths of rain last Friday and we got a half inch just Wed. night. We have thunderstorms chances the next four days. So even if we just get one of them it is going to help. I have been fixing some fence and there is still moisture down in the ground. It is 10-12 inches down but it is there. I also have some tile lines still running small amounts.

So the guys that think they are going to hit the high price Lotto maybe in for a surprise. The historical high price happens in late July and early August in prior drought years. The high price will cause corn usage to drop like a rock. The ethanol plants will not be open with $8 corn. There will be feed yards empty and hog barns that don't get filled. So the usage will regulate itself some what.


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