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Pro Farmer estimates following this week's crop tour have corn yield at 120.25 bu/acre vs. the...
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Friday, August 24, 2012, 3:29 PM ETPro Farmer estimates following this week's crop tour have corn yield at 120.25 bu/acre vs. the USDA estimate of 123.4. Beans 34.8 bu/acre vs. USDA at 36.1 ("The crop from Ohio to Nebraska needs a drink right now to realize these yield estimates"). Iowa (nation's largest producer): "Early start to the growing season turned into a mid-season nightmare for corn trying to pollinate." Market reaction will have to wait until Sunday night.
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This news story has 5 comments:
Here's the problem. The states that they cover in the crop tour account for ~73% of the nation's corn crop. In order for the 120 bu/acre estimate to be correct, there would have had to be no loss from the other corn producing regions. That is unlikely, as the most drought-ravaged states in the U.S. were not on the tour and constitute some portion of the remaining 27% of the corn crop.
Where are the specific corp tour numbers? You comment is interesting. I would like to do my own calculations.
They report on it at "agweb", a site I found while digging up data for my two articles on the drought.
Here's the pro farmer tour info:
http://bit.ly/OfIpiO
Just scroll down and they give links to tables of data for each state they visited.
Anyone in that area want to tell me different?