Common Ground Blog

Find trends, outlooks and more on financing rural America from Frontier Farm Credit.

More Content

Full Speed Ahead?

Corn planting has progressed to 62 percent in the 18 reported states, just one point behind average. Most of the states in our service have nearly caught up – or even surpassed – average planting progress, with Iowa at 65 percent, five points behind average; Kansas at 68 percent, five points ahead of average; and Nebraska at 72 percent, two points ahead of average. South Dakota, however, still lags at only 12 percent complete -- or 40 points behind average.

Soybeans are nine points ahead of average for the 18 states, at 35 percent complete. Iowa, at 33 percent, is five points ahead; Kansas, at 31 percent is 18 points ahead; Nebraska stands at 41 percent complete, 12 points ahead. Again, South Dakota is well behind its normal pace of 22 percent, with only 4 percent complete.

Emergence for both corn and soybeans follows much the same pattern. Grain sorghum in Kansas is right on average, at 3 percent, while Nebraska farmers have seeded 17 percent against a 14 percent average.

Kansas has continued to miss rain events, the result of which is winter wheat rated at 51 percent poor/very poor and just 15 percent good/excellent. Forty-two percent has emerged compared with 62 percent on average. In Nebraska, by comparison, winter wheat is 64 percent good/very good and 7 percent poor/very poor. Only 1 percent has emerged, compared with a 15 percent average.

Neutral weather?

The Crop Moisture Index from the U.S. Drought Portal (map) indicates much of the Ohio Valley has excess moisture at this time, and forecasts suggest more will fall during the next week.

crop moisture

Longer term, the La Nina that fostered the drought in the Southwest has faded and neutral sea-surface temperatures are expected to last through the summer, according to the Climate Prediction Center (CPC). As a result, seasonal forecasts from the CPC point to equal chances of above or below normal temperatures and rainfall in most of the Corn Belt during the growing season.

temperature May-October 2018

precipitation May-October 2018
It is early in the season, but at this point, based on the current conditions and long-range outlooks, the 174-bu. corn yield and 48.5-bu. soybean yield USDA used in its May 10 world supply and demand estimates certainly appear possible.

COMMENTS

Load more comments
Your comment has been received and is being reviewed.
avatar

Comments are moderated and reviewed before they are posted on the site. View our terms of use.

YOU MIGHT BE
INTERESTED IN

Jun 26, 2018 |

Rain makes Grain

Corn condition exceeds the past four years and soybean condition matches 2014 and 2016.

Jul 6, 2017 |

Crop Progress: It’s the time of year for worries

The July weather outlook could further support spring wheat prices as harvest approaches.

Sep 10, 2018 | Crop Insurance

Busheling through 2018: The Difference Yield and Federal MFP Payments Make on Farm Income

What do these scenarios tell us about the potential for profitability?

Ready to Talk?

Contact us if you have questions or need more information. Fill out the form, or connect with your local office using the Office Locator.

Frontier Farm Credit serves farmers, ranchers, agribusinesses and rural residents in eastern Kansas. For inquiries outside this geography, use the Farm Credit Association Locator  to contact your local office.