Fundamentally Speaking

July, August Rain Distribution

Joel Karlin
By  Joel Karlin , DTN Contributing Analyst

It is generally acknowledged that July was mostly dry though many of the key corn and soybean producing states especially the second half of the month.

Despite this, crop conditions remained at fairly high levels as cooler than normal July temperatures along with decent subsoil moisture allowed the plants to thrive with little apparent stress.

Concern did mount however as the first two weeks of August saw continued limited precipitation. This changed the second half of the month with copious rainfall in almost all areas resulting in month totals exceeding normal levels in most top states.

This is reflected in the accompanying chart that shows July and August 2014 rainfall in the top 21 corn and soybean producing states as a percent of the long-term average.

With the exception of three southern states; Arkansas, Mississippi, and Texas, all other states saw their August rains as a percent of the 1960-2013 average much higher than the July figures.

Whereas only seven states had normal rains in July, 17 states had above average August precipitation.

This should prove especially helpful to soybean yields and may result in bean yields moving higher on a percentage basis from this point forward as opposed to corn.

(KA)

P[L1] D[0x0] M[300x250] OOP[F] ADUNIT[] T[]
P[] D[728x170] M[320x75] OOP[F] ADUNIT[] T[]
P[L2] D[728x90] M[320x50] OOP[F] ADUNIT[] T[]

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