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The U.S. soybean planting pace is slower than expected, but the weather forecast is enough to support the market this week. The five-day forecast shows almost no rain for the Dakotas, Nebraska, Iowa, Minnesota, and the northern half of Illinois. While rains were active last week, parts of the Dakotas did not receive ample amounts, ...
Jun 2, 2021 | 7:10 AM (SPRINGFIELD) In yesterday’s USDA Illinois Crop Progress Report, there were 3.9 days suitable for field work on average last week. While the statewide average temperature was 64.9 degrees, 0.9 degrees below normal, the state’s precipitation averaged 1.07 inches, 0.03 inches above normal. As of Sunday, the corn planted reached 95 percent, compared to the 5-year average of 84 percent with the corn condition rated at 4 percent poor to very poor, 16 percent fair, and 80 percent good to excellent. Soybeans planted reached 89 percent, compared to the 5-year average of 65 p...
Photo credit: U.S. Drought Monitor The latest drought monitor was released Thursday after a week of precipitation across much of the Midwest. Iowa In Iowa, drought acreage decreased slightly, according to the latest U.S. Drought Monitor maps. About 8% of the state remains in severe drought. This area spans about 12 counties in the northwest corner of the state. Several counties in the northern half of the state reported moderate drought. Overall, about 62% of the state reported suffering from abnormally dry conditions, or worse. Photo credit: U.S. Drought Monitor Between May 18 and...
6/2/2021 The U.S. soybean planting pace is slower than expected, but the weather forecast is enough to support the market this week. The five-day forecast shows almost no rain for the Dakotas, Nebraska, Iowa, Minnesota, and the northern half of Illinois. While rains were active last week, parts of the Dakotas did not receive ample amounts, and this could start a dry-down of soils. The six- to 10-day forecast shows hot weather for the Dakotas and northern Corn Belt with precipitation expected to be normal to below normal. The eight- to 14-day models are similar. There is not much room for ...
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