Jun 02, 2010

U.S. Crops Off to Good Start, No Major Concerns As Yet

Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.

Corn planting in the U.S. advanced to 97% complete last week and the soybean planting advanced to 74% complete. Last week's weather was also very beneficial for rapid emergence and stand establishment of the crops. With the corn crop rated as 76% good to excellent and the soybean crop expected to be rated similar next week, both the corn and soybean crops continue to get off to a generally good start. The long-range forecast for the first half of June indicates generally average to above average conditions for the next several weeks. If that forecast verifies, both the corn and soybean crops should continue to develop normally.

The forecast can change of course so below are listed some of the factors that could lead to either improving yield forecasts or declining yield forecast. The list is not all inclusive, but it can serve as a starting point for evaluating the 2010 U.S. corn and soybean crops.

Factors that could lead to improving yield estimates:

Factors that could lead to declining yield estimates: