[TigerLikesRooster]

Ping!

[BroJoeK]

"Corn yield forecasts range from 129.3 to 163.8 bushels per acre and the soybean yield forecasts range from 37.8 to 45.3 bushels," he said."

Looks like up to 4% reduction of corn in Iowa, up to 3% of soybeans in Illinois, worst case.

But if other states have great crop yields (plenty of rain this year), the net result could be increased production.

Ethenol and bio-diesel help drive up demand.
So crop prices are high, probably will stay high, imHo.

[RU88]

Get ready to ben dover at the supermarket.

[IamConservative]

Just my midwest eyeball report.

Things didn’t really start to grow until late June. My tomatoes were no bigger than when I planted then in early may until the growth in late June. Now they are 3-4 weeks behind in maturity.

The fields that got planted and were not destroyed are now looking very good, but they to are 3-4 weeks behind maturity. Still plenty of moisture, but, when crops “rush” to mature, yields will be lower.

[TexasCajun]

"They're panicking out there, they're panicking I'm tellin ya! "

[Marie]

Great website! Thanks for posting this.

[Balding_Eagle]

This is the reaction of the market to crop news this week:

Corn futures fell for a second day Friday, extending the commodity's weekly losses to more than 11% and wiping out its 20% gains in June amid the Midwest flooding.

http://www.marketwatch.com/news/story/story.aspx?guid=%7B0E2FB849%2D7EC6%2D4F12%2DA773%2DEDC071F76B40%7D&siteid=rss

See my tagline