Varying crop conditions across Midwest

July 6, 2017

East Central Illinois isn’t the only place with uneven crops this season.

 

Merrill Crowley of Crowley Commodities in Watseka recently took a road trip east to Ohio and observed fields which looked similar to some fields around here.

 

“I would guess that three to five percent of the crop has been hurt by moisture – being too wet, uneven and delayed,” Crowley said.

 

Crowley traveled out on Route 24 to Route 30 into Ohio and down to the town of Springfield, Ohio. He did not notice many corn acres but several soybean fields were visible.

 

As the forecast changes, Crowley expects the corn and soybean prices to change right with it since we are in a weather market. The markets are mainly focused on those dry areas.

 

“Our wheat market jumped way up and then pulled way back because of some of the varying forecasts and the fact that they just don’t have a lot of confidence in the forecasts they’re getting,” Crowley adds.

 

Crowley expects a possible late rally into November since growers will likely notice their crop is not as big as many had thought once the combines are out. He believes a lot of farmer selling is still going on.

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