Posted by Old Iowa on September 13, 2012 at 07:51:59 from (208.126.196.144):
In Reply to: Crop report posted by MTC on September 13, 2012 at 04:35:08:
I think It will end up higher. The corn in many areas is better than they thought. You are just seeing your small snap shot of the country. I have friends in SD that are having bumper crops. If we don't have an early frost then upper MN will have much better than normal crops.
So you add in all the areas that are at normal or above and the extra acres that got planted and the crop is not going to be as bad as many though/hoped.
Local corn around here is already a dollar under the high price. The price is already rationing usage like it should. The world as we know it is not ending. We have had good crops for 10-15 years around me here in Iowa. We where over due for a low yield one. Many guys where running around saying that the new average was going to be 200 bushels. They are finding out why the 10 year average is in the 150-160 bushel range.
In my life time short reported crops tend to get larger as the harvest progresses. You can look at 1983 and 1988 and see that.
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