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More on the crop report: Corn yields in Iowa (the largest producer) are estimated at 141...

More on the crop report: Corn yields in Iowa (the largest producer) are estimated at 141 bu/acre, notes Arlan Sunderman, while an industry tour had it at 117. He also spots the USDA upping China's corn production to 200 MMT from 195 last month, and dropping Chinese imports to 2 MMT from 5 MMT ... "but when has the USDA been right about Chinese imports."
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Comments (5)
  • yellowhoard
    , contributor
    Comments (1507) | Send Message
     
    Whatever.

     

    I guess all of you Wall Street players should sell now.

     

    All of us sheeple in the MId West will be buying.
    10 Aug 2012, 09:48 AM Reply Like
  • Glenn Doty
    , contributor
    Comments (1116) | Send Message
     
    Yellowhoard,

     

    I thought the same thing, even though I'm not in the Midwest... I can look at a soil moisture chart and know if I see a problem. I can't imagine how any non-irrigated field in Iowa is producing anything.

     

    Maybe they are only surveying the irrigated farmland...?
    10 Aug 2012, 10:34 AM Reply Like
  • hayekvonfriedman
    , contributor
    Comments (578) | Send Message
     
    I was raised on a farm, and will always be a hog calling country boy shining the dustbowll farming blues sinig up through these city slicker shoes. I follow the farm reports and weather forecasts as a matter of keepoing in touch with the land and people that ai love so well. Here is a site thqt ai follow if you want a perspective on the current soil conditions and yield and weather forcast. http://bit.ly/ObmWsw
    10 Aug 2012, 12:15 PM Reply Like
  • yellowhoard
    , contributor
    Comments (1507) | Send Message
     
    Damage is done. I'm not a farmer, but I grew up with farmers and they'll tell you that no amount of mild weather and rain will fix this now.
    11 Aug 2012, 08:09 AM Reply Like
  • c5Rouger
    , contributor
    Comments (5) | Send Message
     
    Big profits in a corn play may be near an end, but chicken is just corn with feathers and beef & pork is corn with a moo and an oink. All that stuff will be the next market to make a buck in.because of high corn prices.
    12 Aug 2012, 05:36 AM Reply Like
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