Comparing USDA August Corn Yield Forecasts On Monday, August 12th, 2019 the USDA increased its national estimate of the end of season corn yield (to be reported in January 2020) from 166.0 bpa to 169.5 bpa, an increase of 3.5 bpa. USDA’s estimate of corn planted acreage was revised downwards by less than 2% to[…]
Introduction The most popular question from customers and prospective customers of CropProphet this year is “how do you account for the late planting delays in your yield forecasts?” This post addresses that question by looking at the performance of CropProphet in prior late planting years. May 2019 = Wet in the Midwest At this point[…]
In this post, we discuss the importance of calculations showing the magnitude of weather variables such as precipitation and growing degree days that have occurred or is being forecast to occur.
The daily corn and soybean futures markets can be impacted by the changes in the weather forecast from one day to the next. Why? Because market participants react to changes in the weather forecast and what those changes imply for corn and soybean yields. But most people are guessing what the impact of the weather[…]
Prescient Weather, the creator of CropProphet, also offers a long-range forecast and analysis tool called the World Climate Service. Our company focuses on developing market-leading, scientifically-based climate information services. CropProphet is an excellent example of a climate information application because annual crop yields are dependent on weather conditions over an entire crop season. In other[…]
The heart of the 2019 US Grains season is rapidly approaching as corn and soybean planting finally gets underway in some parts of the Midwest. The CropProphet team has been very busy for many months with preparations for the 2019 season and in this post, we discuss the updates and improvements we are releasing for[…]