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The Weekly Corn Belt Update – October 24th, 2014

WEEKLY CORN BELT CROP REPORT

Host:  Jay Calhoun of Colgan Commodities “Snapshot Tour”

The Snapshot Tour is hosted by Jay Calhoun of Colgan Commodities. This is a daily update on crop and weather conditions across locations in the Corn Belt.  Listen to the audio report in full by visiting www.colgancommodities.com and clicking on the audio tab.

Maumee, Ohio

Harvest progress has been slow but the weather finally looks like producers will run wide open til at least Tuesday.  By Monday a good majority of the beans could be off.  Best guess is 30% for both corn and beans, with early yields exceptional.  Most are finding they can ‘price a little bit more than they thought’.

  Greenville, OH

Harvest this week amounted to producers slowly chipping away at corn.  Today finally looks like everyone will put the bean header back on and be ready to run through Tuesday.  By Monday I expect the majority of the beans will be finished. Most yields seem to be ranging from the upper 50’s to the upper 60’s.  Both corn and bean harvest are approaching 50% in this area. Corn yields are very good, with 200+ dry looking to be a good average.

Logansport, IN

The window looks wide open for producers in north central Indiana til Tuesday.  Beans will likely be wrapped up by Monday, with excellent yields averaging in the upper 50’s to lower 70’s.  Corn harvest has been steadily progressing with yields great as well.

  Champaign Ill

It has been a very good week for harvest.  Everyone is running beans.  They are 65% done with beans and will be wrapped up by Monday.  Yields are the 60’s to 70’s.  Corn harvest is 40% complete with yields averaging 215-230.

Peoria, ILL

Both corn and beans are 60% harvested. By Monday the beans will likely be wrapped up. Yields are mid 50’s on beans and 210 on corn.  Not a best year ever, but very good.

Bird Island, MN

Beans are 95% finished.  Yields have been very disappointing.  They ranged from the 30’s to the 50’s.  Simply too many weather issues.  Corn is less than 40% with yields averaging around 180.

Oewlein, IA

Bean harvest is 90% complete.  Beans averaged 60 bpa, but you don’t have to go very far north and they have seen considerably less progress.  Corn is less than 40% with yields averaging around 185.  TW’s have been lower reducing the yields.

Sheldon, IA

Bean harvest is essentially finished in NW Iowa.  Yields ended in the upper 50’s to lower 60’s.  A very good year, but not a “best ever”.  Corn is about 40% harvested with yields likely to end up just under 200 bpa.

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