Showing posts with label Corn Maturity. Show all posts
Showing posts with label Corn Maturity. Show all posts

Tuesday, July 28, 2009

Corn Silking Behind 5-year Average

Corn Silking, doughing news

While corn silking improved by 24 points for the week, now standing 55 percent complete, which is equal to last year's silking, but far behind the 5-year corn silking average by 21 points.

The corn belt performed very well because conditions have remained ideal for corn silking, as 34 percent of the crop is at that stage in Minnesota and Iowa. Illinois corn silking came in at 27 percent.

Acroos the nation, 7 percent of corn acreage is beyond the dough stage, again, the same as last year at this time, but 10 points slower than the average.

North Carolina has the most advanced doughing stage, now standing at 80 percent complete, while Minnesota and Iowa haven't reached that stage yet, and neither has corn in other Great Lakes regions or Great Plains regions.

Appromimately 70 percent of all corn in the U.S. is rated as good to excellent in condition, a little down from last week, but still 4 points better than a year ago at this time.

Corn silking, doughing news

Wednesday, July 8, 2009

Slow Start to Kansas Corn

Kansas Corn Crop

The Kansas corn crop has been doing pretty good so far this year even though there was an very late planting, but its late start has made the crop especially vulnerable to damage.

If everything goes right, Kansas farmers plant their corn by the first week in April. But rain kept farmers out of fields at the usual planting time, so a lot of of the state's corn was planted in late May and early June.

What that means is the crop will be pollinating during the hot, dry Kansas summer months. Another potential problem is an early freeze before the corn is ready for harvest could be devastating.

This week's crop condition report showed 68 percent of the corn in good to excellent condition, with 25 percent rated as fair. Only 7 percent of the crop got a poor to very poor rating.

Kansas farmers put 3.8 million acres into corn this season, compared to 3.85 million acres a year earlier.

Acroos the nation, the corn acreage of 87 million acres was up 1 percent from 2008. It was the second largest planted corn acreage since 1946, behind 2007, which set the record.

But some analysts remain nervous at the crop's late planting dates in major growing regions.

When the Agriculture Department came out with its acreage report last week the numbers of corn acres were higher than expected, said Mike Woolverton, grain marketing economist at Kansas State University. The market had anticipated a reduction in acreage from a year ago.

"The acres are there," he said. "But - and here's the kicker - and that is that the corn was planted late. Very late, some of it, and it may not develop to full maturity before frost. So we may end up with a short corn crop this year."

Kansas Corn Crop

Tuesday, October 14, 2008

Corn Futures Increase from News on Initial Government Injection of Capital into Banks

The emotional boost given by the announced plan of the U.S. government to take $250 billion of the $700 billion bailout and inject it into "healthy" U.S. banks, has caused many commodities to rise over the last couple days, but that will be short lived.

For corn, it partook in the overall boost by increasing by 6.75 cents for December delivery to reach $4.18 a bushel on the Chicago Board of Trade. Earlier in the day it was higher at $4.29 a bushel.

So far this year corn maturity has dropped significantly from last year, as a recent report from the USDA says, where as of October 5 it was only as 73 percent maturity, in contrast to last year during the same period where it was at 95 percent. Later today the U.S. Department of Agriculture will release their weekly crop report.