Tridge summary
The article provides an overview of the current agricultural market and weather conditions, with a focus on the Midwest and Plains' extreme heat and dryness impacting crop ratings, particularly in Iowa and South Dakota. Despite these challenges, corn and soybean conditions remain steady, and export inspections show strong demand, notably from China. However, advanced harvest progress in Brazil and a moderate U.S. Corn Belt forecast might limit price gains. The article also touches on the effects of the heatwave on farming, with a cooldown expected in the Corn Belt. Additionally, it mentions the ongoing coronavirus pandemic's impact, including rising cases in the U.S. and the vaccine distribution progress, and provides a brief update on the financial markets, including a record-setting Dow close.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Good Afternoon! How are your crops surviving the heat? Click here to take our ongoing Feedback from the Field survey on 2021 crop conditions. Our Google Map, updated daily, provides all past responses for farm readers. Check out our latest Feedback from the Field analysis to see the most recent farmer comments from around the country. Crop Progress update out today: It was another blistering week across the Midwest and Plains last week. With high temperatures and only light scattered showers, don’t expect crop ratings to see much - if any - upward momentum in today’s weekly Crop Progress report from USDA. Feedback from the Field respondents in Iowa and South Dakota reported no measurable rainfall over the past week as soil moisture conditions remain very short. “Radar shows rain here,” shared the grower from Iowa. “But there is no rain in the rain gauges.” “Soil health practices are helping keep our summer crops alive,” hedged the South Dakota farmer. “But there is no doubt that ...
Source: Prairie Grain Partners
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