8-18-19

USDA again / Corn has had 2 limit down days and both off of the USDA reports. Nothing really to say because trade plays the game with the USDA numbers.

BUT Very much incomplete data yet to play out.

Twitter quotes:
“So for clarification, the 4th largest crop will be over 50% planted in June, will be planted in the mud and have a rating of 57% G/E in late Aug., all the while increasing yield 3.6 bu and dropping crop rating. Math is hard but apparently believing their own math is harder! Tyler Hedge

IL. Country Ins. has over 2600 claims for PP in 2019. Replant, PP, crop hail at this date is over 28 million. Previous record at this time of yr. was 3.1 million. Cory

Last week we still had 10% or 9 million acres still need to silk. That was on the date of Aug. 12th.

IMHO more acres will be counted by the FSA office and Ins. Co. as PP down the road.

Pro Farmer Tour starts Monday and end Thursday this week. Need to hear about more acres to PP and not even planted than ever before on the the Tour.

Time will tell

Be Safe