On the heels of Crop Tour, Pro Farmer projects corn production below and soybean production above USDA estimates. Here's the yield breakdown for seven Midwest states.
Now That We Know Pro Famer Crop Tour Results, What Will It Take To Put A Low In The Corn And Soybean Markets?
Scouts found record yields in portions of the eastern Corn Belt, but a more variable crop in the West. "We don't have a supply issue, from a bullish standpoint," says Brian Grete. "We have plentiful supplies, so that isn't going to shock the market."
As harvest approaches in the Midwest, yield potential is definitely top of mind. Please share how your corn and soybean crops look this year versus 2023.
According to a recent AgWeb survey, 52% of farmers say they don't plan to sell their old crop corn before harvest and 60% say they're holding on to their old crop soybeans too.
A Harris administration would likely continue the “climate-smart” initiatives in the Inflation Reduction Act, but a second Trump administration would put the future of sustainable aviation fuel in question and extend the use of liquid fuels.
