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[…]
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[…]
One Minute Summary Throughout July the difference between our “year-to-date” forecast and the impact of the 14-day weather forecast suggested weather was supporting yield development. The last 5 days have seen this difference decrease. It’s likely the biggest increases in yields forecasts have already occurred. However, weather can still impact the final estimates of corn[…]
Causes of Grain Yield Variation There are two primary causes of corn and soybean yield variations at the regional level in the United States. They are: The Technology Trend – many types of technology is improving yields for both soybeans and corn. The result is an increase of how much crop can be produced[…]
One Minute Summary What Crop has the monthly contribution to forecasting accuracy in the accompanying chart? Yield Forecasting Accuracy The primary crop growing season in the United States starts in late Spring and ends in the early Fall. While each days weather is different, each day also helps the crop grow. Some months of the[…]
One Minute Summary The CropProphet Soybean yield forecast has been trending upward all season. The national yield forecast has increased 1.3 bu/a over the past 6 weeks. The Iowa trend graphic looks very similar to the national yield forecast trend. The national yield forecast trend can be accessed via a trial or your subscription to[…]
One Minute Summary In this post we answer a recent customer question about why our Soybean and Corn yield forecasts were different relative to technology trend from the start of the season Corn and Soybean Yields: Not the Same Forecast Question: Why has your soybean forecast trended above trend yield but your corn forecast has[…]
One Minute Summary Last week we discussed the negative impacts of extreme rainfall for corn in northwest Iowa Not all indicators are negative, however. This analysis looks at the current information provided from the satellite-derived NDVI predictor. In key regions of the grain belt, NDVI shows positive indications of corn and soybean yields. CropProphet helps[…]
Will Another 2012 Drought Emerge? – Implications for Corn Production One Minute Summary There is emerging market speculation that recent hot, dry weather may presage a summer drought like 2012 However, soil moisture is currently much higher than at this time in 2012 Pacific Ocean climate influences do not favor a drought this summer CropProphet[…]
The Soybean season is well underway and the weather has not yet had any dramatic impacts on soybean yields. According to Statistica, Iowais the #2 producing soybean state in the United States. Keeping track of soybeans yield in Iowa is important to understanding US soybean production in 2018. Weather conditions during the growing season are[…]