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Rough July weather dragging on corn

An ag economist is watching for sliding crop conditions to start impacting markets.

The University of Missouri’s Ben Brown said overly dry and wet patches across the Cornbelt are likely taking the top out of the corn crop making a trendline yield a reach.

“Ohio, Indiana, Missouri, Kansas: those tend to be the four states that continue to get, unfortunately, the lack of adequate conditions; either too much moisture or not enough,” Brown said. “But Iowa corn and northern Illinois, where we’re seeing this drought pressure start to emerge, is still doing pretty well.”

And he tells Brownfield growth progress is widely varied which, normally, is not good.

“From a farm management standpoint, you want that crop to mature all at the same time,” he said. “I think from a 2022 weather standpoint, yeah, it’s probably helping us some that the crop’s not maturing all at the same time.”

Brown made his comments during Brownfield’s recent Weekly Commodity Market Update.