They're out but I haven't looked. I'm guessing at least -2/3%, worse for beans.
https://release.nass.usda.gov/reports/prog3523.txt
Corn -3%
Beans -5%! Imagine if we didn't get those early August rains that caused +5%!
Cotton -2%, -4% vs last year. TX/OK complete disasters
mcfarm and I had a wonderful discussion about this last week and we were expecting this drop:
fast finish
Started by mcfarm - Aug. 30, 2023, 6:18 p.m.
Conditions for U.S. #corn and #soybeans declined significantly in the last week with the widespread hot and dry weather. Spring #wheat is about 3/4 harvested and winter wheat planting has just begun.
This week's U.S. #corn conditions versus the same week a year ago. Overall very similar but big state-level differences.
U.S. #soybeans are in worse shape now versus a year ago, but some areas are doing better (eastern belt, mid-south). The lack of rain in the past three weeks has stressed the crops (national conditions were 59% 2 and 3 weeks ago).
Yield potential for #CropWatch23 #corn in Minnesota & Nebraska is just average, if not slightly below. Too dry a season and a very unfavorable finish. Test weight is taking a hit in Minn. Corn could be ready for harvest in Neb in about 2 weeks.
Also above average expectations for #CropWatch23 #corn in Illinois and South Dakota. Yield could have been great, but now it will just be good/acceptable. No rain here in the last week or more, either.
#CropWatch23 producers in Indiana and Iowa trimmed yield expectations for #corn because the crop is moving too fast toward maturity and there has been no rain in a while. Above average yields are still anticipated, but the potential was greater just a couple weeks ago.
The South Dakota #CropWatch23 #soybeans may have been toying with record yields a few weeks ago. Dry finish likely won't allow it, though. Average yields expected in Minn & Neb. Indiana should be above average and will be ready to harvest in ~3 weeks.
Iowa and Illinois #CropWatch23 #soybeans over Labor Day weekend. No rain in more than a week. Bean yield is tough to gauge pre-harvest, but the presence of flatter pods indicates the seeds didn't get enough moisture during their critical period. Not much in forecast, either.
#CropWatch23 producers in Indiana and Iowa trimmed yield expectations for #corn because the crop is moving too fast toward maturity and there has been no rain in a while. Above average yields are still anticipated, but the potential was greater just a couple weeks ago.
Also above average expectations for #CropWatch23 #corn in Illinois and South Dakota. Yield could have been great, but now it will just be good/acceptable. No rain here in the last week or more, either.
A really satisfying shot of the Indiana #CropWatch23 #soybeans
Frustration for the #CropWatch23 fields in central Kansas as yield potential (esp. for #soybeans) had been strong through much of the season. No rain in 20+ days w/ many days > 100 F. Very poor finish. #Corn should be harvested this week w/ low test weights likely.
Potential big problem for barge traffic!
https://water.weather.gov/ahps2/hydrograph.php?gage=memt1&wfo=meg
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https://www.marketforum.com/forum/topic/98608/#98650
Re: Re: Re: Re: Crop conditions +more 8-28-23
By metmike - Aug. 28, 2023, 2:35 p.m.
The continuing dry weather in September in the Mississippi River basin is going to present problems with low river levels coming up.
https://water.weather.gov/ahps2/hydrograph.php?gage=memt1&wfo=meg
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We remember how low the levels got last year: