Aug 24, 2022
2022 U.S. Corn Yield Unchanged at 173.0 bu/ac
Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.
The 2022 U.S. corn yield was left unchanged this week at 173.0 bu/ac and I have a neutral to slightly lower bias going forward.
Weekend rains favored the northwestern, north central, and eastern Midwest. Dryness remains a concern in west-central and southern Iowa, Nebraska, and Kansas. The forecast is for dryer conditions across the Midwest this week with increased chances of rain in the 6-10 day forecast. Temperatures for this week are forecasted to be seasonal.
The weather during August is turning out to be quite benign for the corn in the eastern Corn Belt, but not as good for the corn in the western Corn Belt. In fact, of all the big corn producing states, Illinois now has the best rated corn crop at 70% rated good/excellent.
Pro Farmer is conducting their annual crop tour this week across the Midwest and this will be the first hands-on evaluation of the corn and soybean crops in Ohio, Indiana, Illinois, Iowa, Minnesota, South Dakota, and Nebraska. The USDA will conduct their own field surveys for the September Crop Report. Their survey will be conducted during the last week of August and the first week of September.
The condition of the 2022 U.S. corn crop declined 2% last week to 55% rated good/excellent. The corn is 97% silking compared to 100% last year and 99% average. The corn is 75% dough compared to 83% last year and 79% average. The corn is 31% dented compared to 38% last year and 35% average and the corn is 4% mature compared to 4% last year and 4% average.