The corn around here is variable this year. The dry weather hurt the lighter soils on yield. The leaf blight really hit some hybrids harder than others. The good ground with manure and a higher organic matter are breaking 200 BPA. The lighter soils are running 170-180 BPA. The boys ran a field for one of their customers that the leaf blight hit hard and it was only 140 BPA. The same variety that was aerial sprayed with fungicide just across the fence made 185 BPA. So on some varieties the fungicide paid dividends.
The soybeans are a whole different story. They are yielding better than any I have ever seen. Lots of 70 BPA fields. The boys have a rented sixty acre field. It made 83 BPA across the scales in town. WOW The yield monitor showed some spots going well over 100 BPA. It looks like their entire crop is going to average over 70 BPA. That sure helps offset the slightly lower price. They do have a fair amount forward contracted for a much better than current market price. With the higher yields they will have more unsold right now. We are debating storing them or not. I do not see much up movement for the corn. Where soybeans could rally much more. So storing them over a like amount of corn seems a better risk right now.
So how are your yields in your area/state??? These are in North-East Iowa.
The soybeans are a whole different story. They are yielding better than any I have ever seen. Lots of 70 BPA fields. The boys have a rented sixty acre field. It made 83 BPA across the scales in town. WOW The yield monitor showed some spots going well over 100 BPA. It looks like their entire crop is going to average over 70 BPA. That sure helps offset the slightly lower price. They do have a fair amount forward contracted for a much better than current market price. With the higher yields they will have more unsold right now. We are debating storing them or not. I do not see much up movement for the corn. Where soybeans could rally much more. So storing them over a like amount of corn seems a better risk right now.
So how are your yields in your area/state??? These are in North-East Iowa.