Rod Swoboda. A week ago my husband was hunting elk in the cool mountains of Colorado, he goes every year with a group of friends and his brothers. 278 Views. Yields have been variable, ranging from slightly above average to well below average depending on how much, if any, rain was seen in late July and August.". July's lower ending stocks-to-use ratio of 18% raises the expected cash corn price to $3.00, within 6 cents of where DTN's National Corn Index closed Thursday evening (July 23). Last year's WASDE report was a bearish stunner for corn as USDA estimated 2.18 bb of ending stocks versus pre-report expectations of 1.60 bb. "As of late, we are running to the narrower than average side but feel the pressure to widen is right there with every higher day on the CME. Sioux Falls Argus Leader. Big surprise in soybeans Fall field work is wrapping up and will all be finished this fall for the first time in three years. Two years earlier, USDA estimated 2.27 bb of ending corn stocks in August versus a pre-report estimate of 1.97 bb. Reinke noted that the markets have been interesting, to say the least, and there have been some aggressive basis moves with processors battling to get ownership of grain to fill their needs. They are fed a ration of hay and corn. Campbell is … Corn harvest 2020 has progressed well, however some fields have been impacted by a small amount of the disease fusarium. USDA's first estimate of U.S. ending corn stocks in 2020-21 was 3.32 billion bushels (bb), based on a 97.0-million-acre planting estimate that came from USDA's March survey of planting intentions. According to the U.S. Department of Agriculture’s National Agricultural Statistics Service, that estimate is up slightly from the 2019 production. Brandt added that due to the unharvested 2019 corn standing in the field this past spring, 40% of their corn acres were prevented planting and farmers that normally have 3,000 to 4,000 acres of corn, had 500. Some corn is so down on yield, insurance will kick in. This year, it was lucky if we dried 25,000 bushels. A Terrific 2020: ‘Dream harvest’ could mean record corn yields ... State corn production was projected to reach 752 million bushels, a 35% increase from 2019. According to the U.S. Department of Agriculture’s National Agricultural Statistics Service, that estimate is up slightly from the 2019 production. MADRID, Iowa – Harvest time is here for the Kokemiller family. Through trade, the Council is committed to the furtherance of global food security and mutual compared to the low 50s last year. Spot basis has narrowed up about $0.15 since the beginning of September in the area and is $0.30 better than where we were versus the December futures this spring. “It’s not as bad as two years ago, says Grain Farmers of Ontario provincial director Mark Huston, “but it’s worse that we expected it to be.” GIVING THANKS: It’s not often that Iowa farmers have the fall harvest pretty much finished before Thanksgiving. The 2020 corn and soybean harvests continue to wind down, per the latest batch of crop progress data from USDA, out Monday afternoon and covering the week through November 15. About 42% of these are Harvesters, 0% are Balers, and 0% are Feed Processing Machines. "We are 60% irrigated on our farm, and that really helped fight the drought this growing season. TO ORDER: 1) Notify your request to order by responding to this post or email john@strohfusstockfarm.com (half, whole indicated). "Quality is excellent with most corn coming out of the field close to 15% moisture with test weight 56 to 60 lbs. Most the crop came off in the 14% to 17% moisture range. ... Brazil's corn harvest … The guys with pure dryland fields were able to roll right on into corn harvest from soybeans. Grow your production, efficiencies, and profitability. Corn harvest in 2020 is head of the five-year average pace, reflecting cooperative harvest conditions in the region. LINCOLN — Nebraska farmers harvested a record 2020 corn crop of 1.79 billion bushels, based on year-end surveys. The 2020/2021 U.S. corn crop - entering marketing channels now - has a higher average test weight, lower moisture and lower total damage relative to each quality factor's average of the previous five crops, according to the U.S. Grains Council's (USGC's) 2020/2021 Corn Harvest Quality Report. Presentation of the autonomous field robot from AGXEED – the AgBot. By harvest time, however, farmers were breathing sighs of relief as yields for Illinois corn and soybeans … We can sell $4.00 cash corn, which is pretty unusual for North Dakota; it would be a good year to have huge bushels to sell, but we don't. LINCOLN — Nebraska farmers harvested a record 2020 corn crop of 1.79 billion bushels, based on year-end surveys. Last year we dried 100% of every kernel of corn brought into town with moisture averaging 19%, with test weight at 52 lbs. It's not unusual to see a 150- to 200-bushel difference between the irrigated circles and dryland corners. In this case, the harvest price is the expected average of settlement prices in the month of October for the December corn contract traded on the CME. In its Production of principal field crops report, using information from July — … We take USDA's planting estimates and pay close attention to the areas that have gotten rain and those that haven't. The good ground really shined and the bad ground really showed its "badness" as some of the yields really dropped in those areas.". When all is said and done, we are still often surprised -- sometimes shocked -- by USDA's August crop estimate. If true, May's ending stocks-to-use ratio of 22% would have been the highest in 28 years and points to cash corn prices near $2.50 a bushel, a much more depressed situation than USDA's average farm price of $3.20 per bushel suggested. Gary Schnitkey, Krista Swanson, Nick Paulson, Carl Zulauf, and Jonathan Coppess • Krista Swanson • We developed a statistical model that projects the 2020 harvest price for corn, given a national corn yield and average of May futures prices. ", Luken added, "Thanksgiving will mean so much more this year as we all sit around the table and thank Mother Nature for the great season we had. At the end of the survey you’ll have the opportunity to read our most current Organic Corn and Organic Soybean Price Forecast. Corn Harvest 2020 | John Deere S680 Combine Harvesting Corn | Ontario, Canada In the July WASDE report, USDA lowered its estimate of the new corn crop from nearly 16.0 bb to 15.0 bb and reduced the estimate of ending stocks from 3.32 bb to 2.65 bb, or 18% of annual use. 4671. Trump Impeachment Trial to Focus on His Attacks on Election, Iran Tests Missiles Under Apparent Watch of US Nuclear Sub, Capitol Rioters Included Highly Trained Ex-military and Cops, EPA Gives Refiners Extra Time to Meet RFS Requirements as New Exemptions Possible, US Ethanol Stocks at 35-Week High Despite Modest Demand Boost, Lawsuit Seeks Flood Compensation for Farmers Along 274-Mile Stretch of Mo. In other words, even if we knew USDA's balance sheets ahead of time, the correlation to prices is very loose, at best. The 2020/2021 U.S. corn crop - entering marketing channels now - has a higher average test weight, lower moisture and lower total damage relative to each quality factor's average of the previous five crops, according to the U.S. Grains Council's (USGC's) 2020/2021 Corn Harvest Quality Report. Reinke said that, "Hand samples had us holding off for a week to 10 days as we were finding moistures of 19% to 21% and normal in most areas, but here, where we mostly field dry, it was worth waiting, especially with all the good drying weather forecasted. LISBON, Iowa — When looking at the 2020 harvest in East Central Iowa, farmer Dave Siggin focused on the positive first. (c) Copyright 2020 DTN, LLC. In his 30 years of farming, Lannie Mielke’s never seen so much corn. versus last year when we had moistures closer to 25% and test weight below 50 lbs. We are 170 to 175 bushels per acre (bpa) versus our expectation of 15 bpa better. Although there were challenges on Midwest farms in 2020, the corn crop stood tall for many farmers this harvest season, allowing for a good range of data in yield tests. said Keith Brandt, general manager of Plains Grain and Agronomy in Enderlin, North Dakota. KIEV, UKRAINE — Ukraine has commenced its 2020 corn harvest with a total of 107,000 tonnes harvested so far, Reuters reported citing Ukraine’s economy ministry. In its Production of principal field crops report, using information from July — based on models created using satellite technology […] Only about 60% of the corn has been marketed, with the balance in tight hands.". Connealy added that basis and prices were pretty solid through harvest and they delivered quite a bit to the elevator, as it was hard to store too much at current higher prices. or better test weight and very little BCFM (broken corn and foreign material). and yields in our area at 130 to 150 bpa. It is also encouraging for corn prices that commercials have been loyal supporters on the long side of the market since December prices fell below $3.40. With the 2020 corn (maize) harvest coming to an end, it is time to look at the initial harvest results. Quality is good with the corn at 54 lbs. Thursday found them working in their second field of corn bent over by August’s Derecho. The only good part is the corn was 13% to 17% moisture, so we aren't even going to mess with the dryer. 2021 corn harvest-progress Get weekly updates on the progress of corn harvest across the U.S. Because we didn't have the normal bullish spring/early summer influence in corn this year, I suspect the usual bearish turn towards fall harvest will not carry the same bearish punch it usually has. Statistics Canada’s latest round of expectations for the 2020 harvest calls for more corn and less soy than in 2019, with higher yields offsetting lower planted acres for both crops. Soybean harvest may be a couple weeks away, but corn harvest is rolling full speed in Louisiana. "Yields were about 20% less than expectations but in line with insurance guarantees. The harvest price is used to calculate crop insurance indemnity payments on corn in the Midwest states. 8-32 characters, include one number (0-9) and one letter (a-z), By clicking Create Account, you agree to our, Save DTNPF to your home screen: Tap on the arrow and then select, Oil Futures Down as Markets Assess Stimulus, Powell Remarks, Ethanol Prices Save Companies From Cratering Margins Amid Corn Price Spike, Increase yields and savings with precision weather. If there’s a 100 bu. USDA's field estimates used to start in August and it's unfortunate they don't start until September now. The harvest feature of RP allows the farmer to use a more aggressive marketing plan, because when calculating a claim, the higher harvest price is used. 20 hours ago 334. "We only got less than one-third of our acres seeded. File photo: U.S. corn production was pegged at 15.278 billion bushels, based on an average yield of 181.8 bushels per acre. The entire survey should take less than 1 minute to complete if you know your numbers. Kenny Reinke, Neligh, Nebraska, said that this past fall was more "normal" than in the past. For unharvested crops, the deadlines are November 30th for sunflowers and December 10th for corn and soybeans. Not all features of DTN / The Progressive Farmer may function as expected. "Corn was definitely raced to the finish line, but for us with irrigation that can actually be a good thing. Last week we wrapped up corn harvest 2020. 26.11.2020 From September to November 2020 a total of 198 corn samples have been collected for … There's a small gap between the 2020 harvest finish and 2021 go-time. LINCOLN — Nebraska farmers harvested a record 2020 corn crop of 1.79 billion bushels, based on year-end surveys. As mentioned above, USDA's current crop estimate suggests a $3.00 cash corn price and we're already there as a national average. "This year's harvest started on Sept. 18 in our area and basis at the time of harvest for September and October was $0.60 to $0.65 under the December, and now with harvest wrapped up, basis in the area has narrowed up a bit in the $0.40 to $0.50 under range. Corn harvest progress reached 95% through Sunday, up from 91% a week ago and one point behind the … I've mentioned before that the coronavirus messed up the typical seasonal patterns for corn and soybeans this year, robbing producers of selling opportunities during the time of year when prices often cooperate the most. Our locations are fully prepared for the upcoming harvest. The next week to 10 days should wrap up sunflower harvest in the area also and that will end our harvest season for the year. TAGS: Weather Corn Soybeans. I'm not saying USDA's estimates are flawless because they're not; I blame the large estimating errors on confirmation bias. LINCOLN — Nebraska farmers harvested a record 2020 corn crop of 1.79 billion bushels, based on year-end surveys. He knows corn harvest will take longer for him. Advertisement: Published on Jul 19, 2020 by horsepowers. The 2020-21 Corn Harvest Quality Report provides information about the quality of the current U.S. crop at harvest as it enters international merchandising channels. "We are over 95% complete with the corn harvest and probably averaged about 16% moisture. In Illinois, the 2020 trend yield for corn is 191 bushels per acre. September 22, 2020 September 22, 2020 Julie. ", Mary Kennedy can be reached at mary.kennedy@dtn.com. Corn harvest in 2020 was nearly over and done in mid-November, compared to the 2019 corn harvest that wasn't completed until this year. Here is a link to that story discussing the challenges faced for farmers that affected most of their planning intentions this past spring: https://www.dtnpf.com/…, "What a difference a couple of years make!" Oil futures and Brent crude fell sharply in early trade Friday. Dear Producer, With all the issues surrounding COVID-19 we want to keep you updated on our plans to help you with your harvest and to ensure the safety of our customers and staff. Corn, however, has been a different story. Last year we finished our corn harvest on Dec. 8, this year we were done by Oct. 13. harvest Corn Harvest 2020 – September Back At It. Not all features of DTN / The Progressive Farmer may function as expected. Last year our corn ran in the lower 160s, this year our yield was around 155. Our View From the Cab farmers are using the time to get ready. We use these technologies for a variety of reasons, including to recognize new and past website users, to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests. under the harvest price - sell if the price falls below $3.30. 7 hours ago 54 *Corn Silage 2020 video from a farm near Winona Ohio With a John Deere model 6650 and two McCormick tractors. Category All videos John Deere. This seemed to be very widespread in the Red River Valley. Record 2020 corn harvest estimated for Nebraska LINCOLN — Nebraska farmers harvested a record 2020 corn crop of 1.79 billion bushels, based on year-end surveys.Record 2020 corn harvest estimated for Nebraska https://www.mercurynews.com/.../usda-country-set-for-a-record- Some of that translated to lost demand, but a lot of it simply made people cautious and discouraged investors from participating in U.S. ag markets. overall, making for a great harvest. Join the community! Despite rising corn prices, higher ethanol prices have prevented margins from cratering. I was expecting a little better on our irrigated crops, but I will take what we made and go with it as bad as the drought had gotten. by: Mike Borland. Ryan Wagner, Roslyn, South Dakota, said, "Corn harvest has wrapped up around here, and we have seen basis do nothing but strengthen the entire time combines have been rolling. Please correct the following errors and try again: We've detected that you are using an unsupported browser. In this case, the harvest price is the expected average of settlement prices in the month of October for the December corn contract traded on the CME. Our View From the Cab farmers are using the time to get ready. The harvest price is used in crop insurance. By Reuters | August 12, 2020 at 11:49 a.m. 2019/2020 Corn Harvest Quality Report • 1 The U.S. Grains Council (USGC) is pleased to present findings from its ninth annual corn quality survey in this 2019/2020 Corn Harvest Quality Report. Not surprising, futures funds were net short over 200,000 contracts of corn at the time of the May World Agricultural Supply and Demand Estimates (WASDE) report and continued to increase net shorts after the report, reaching a peak of 301,873 as of June 9. The harvest of 766 million tons is greater than the consumption of 750 million tons. This year, it is easy to see the bearish effects of a global pandemic on corn prices. Registration is FREE. In mid-October of 2019, about 48% of corn was mature and 4% was harvested, according to the USDA Oct. 13 crop progress report. Rebekah Tuchscherer. USDA’s grain stocks estimate was “surprisingly large,” Mintert said, but that could be due to lower consumption of corn for feed in 2019 or an underestimation of the 2019 harvest. Advertisement… The buying and selling of commodities and futures contracts involve substantial risk and are not suitable for everyone. A $3.10 harvest price would be 80% of the $3.88 projected price for 2020. Thank you for taking the time to consider our 2020 Organic Harvest Survey. Iowa corn harvest 98% complete for 2020. The harvest price is used to calculate crop insurance indemnity payments on corn in the Midwest states. Strohfus Stock Farm. 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