DTN/The Progressive Farmer: Agriculture Markets, News and Weather

Market Matters Blog

Pat Hill DTN Markets Editor

Bio | Email

Tuesday 07/27/10

Spring Wheat Tour Under Way

Scouts are descending into spring wheat fields this week, and DTN Staff Reporter Susanne Stahl is among the 50 millers, marketers and farmers donning boots and bug spray to assess the crop.

Tour estimates have been on both sides of final spring wheat yields in the last 4 years. [DTN graphic, USDA/tour data]

In her initial report from the tour, Stahl said Monday evening good yields are expected, with little disease and pest pressure but a wide variety in crop maturity.

As with the hard red winter wheat crop earlier this summer, the buzzword may be protein, one of the tour organizers told her.

It's interesting to note the track record of the tour results compared to USDA's August 1 and final estimates. As this chart shows, tour estimates have been above the August NASS number the last two years, while the final yield estimate was higher than the NASS estimate both those years.

DTN subscribers can find daily reports from Susanne Stahl on the 2010 Hard Spring Wheat and Durum Tour, in DTN Ag News.

	2006	2007	2008	2009
Tour - Aug 1	31.7	37.3	37.7	46.2
NASS Aug 1	32.7	39.3	36.8	38.3
NASS Final	32.2	36.2	39.9	44.5

Posted at 9:14AM CDT 07/27/10 by Pat Hill

Post a Blog Comment:

Your Comment:

You must be logged in to post a comment. If you are not already registered, click on the Register link at the top of this page.

Post Comment

DTN reserves the right to delete comments posted to any of our blogs and forums, for reasons including profanity, libel, irrelevant personal attacks and advertisements.

Blog Home Pages

	September2010
S	M	T	W	T	F	S
			1 Here They Come Quick Look in the Rearview Mirror Cash Indexes Fall Back	2 Asia Outlook -- Big Picture Another Giant Step in Cash Wheat Bids	3 Informa: Sep Corn 164.8 bpa, Beans 44.1 bpa Some Perspective on Russian Wheat Losses Allendale: Corn 162.3 bpa, Beans, 43.21 Modest Advances for Cash Grain Bids	4
5	6	7	8	9	10	11
12	13	14	15	16	17	18
19	20	21	22	23	24	25
26	27	28	29	30

RSS

Recent Blog Posts

Informa: Sep Corn 164.8 bpa, Beans 44.1 bpa

Fri Sep 3, 2010 10:41 AM CDT
Informa Economics told clients Friday it expects USDA will peg corn production in September at 164.8 bushels per acre, and soybeans at 44.1 bpa, and it also released a "mostly likely final estimate" of the crop size and yield for corn.

Some Perspective on Russian Wheat Losses

Fri Sep 3, 2010 09:50 AM CDT
Friday's trade started out with Chicago Dec wheat up another dime, and the Financial Times headline reads "Fears grow over food supply."

Allendale: Corn 162.3 bpa, Beans, 43.21

Fri Sep 3, 2010 07:48 AM CDT
The next round of pre-report guesses comes out today, with Allendale now and Informa in a few hours.

Modest Advances for Cash Grain Bids

Fri Sep 3, 2010 06:16 AM CDT
Merchandisers added a few cents to bids on Thursday, while the markets took on a here-comes-the-holiday-weekend feel.

Asia Outlook -- Big Picture

Thu Sep 2, 2010 02:38 PM CDT
Countries in Asia have been the engine pulling the rest of the world through the muck of the economic downturn, but their torque may be tested in the next few months.

Another Giant Step in Cash Wheat Bids

Thu Sep 2, 2010 06:08 AM CDT
More evidence of the strength of export demand, this time in the form of some big sales to Egypt, triggered increases in cash wheat prices Wednesday.

Here They Come

Wed Sep 1, 2010 03:44 PM CDT
It's that time of the month -- pre-report production and yield estimates are popping up, ahead of USDA's September 10 crop production and supply and demand reports.

Quick Look in the Rearview Mirror

Wed Sep 1, 2010 09:32 AM CDT
Ranges of some of the DTN cash indexes in August confirm the impression that HRW wheat was the wild one.

Cash Indexes Fall Back

Wed Sep 1, 2010 06:17 AM CDT
Merchandisers pulled bids for wheat and soybeans lower Tuesday, passing most of the board's losses on to farmers.

Corn Yield Speculations, Early Maturity

Tue Aug 31, 2010 09:51 AM CDT
Over half the producers responding to a DTN poll say their corn is likely to mature 2 weeks earlier than normal, and another 21 percent say it's a week early.

FF Survey Shows Increased Acres in 2011

Tue Aug 31, 2010 08:13 AM CDT
Farmers intend to increase acreage of major crops next year, according to a survey conducted by Farm Futures Magazine, and released this morning at the start of the annual Farm Progress show.

Cash Indexes Finish Mixed Monday

Tue Aug 31, 2010 06:10 AM CDT
Cash wheat indexes gained more ground Monday on corn, and the soybean index fell back from the $10 mark.

Early Corn Yields Talk

Mon Aug 30, 2010 12:34 PM CDT
And that's really all we have at this point -- talk. Depending on who is looking, it seems as if we are about to have a very great or a very disappointing corn harvest.

Cash Beans, Wheat Gain on Corn

Mon Aug 30, 2010 06:09 AM CDT
Cash corn bids finished up last week right where they'd started, while bids for soybeans and wheat showed some gains.

NASS Surveyors at Work

Fri Aug 27, 2010 02:52 PM CDT
Enumerators -- the people who are contracted to trek into corn and soybean fields to take measurements for the monthly objective yield surveys for NASS -- are out in force now.

Cash Indexes Advance

Fri Aug 27, 2010 06:12 AM CDT
Merchandisers raised bids for cash corn, soybeans and wheat Thursday, mostly matching advances in futures.

Agribiz Positive Outlook Confirmed

Thu Aug 26, 2010 10:58 AM CDT
Agribusiness leaders report positive conditions for their companies now, and a majority expect even better conditions 12 months from now.

IGC Cuts Wheat Forecasts, Raises Corn Trade

Thu Aug 26, 2010 08:26 AM CDT
New forecasts from the International Grains Council reflect what we've been reading about the impact of Russia's drought onworld wheat production.

Elevators Pull Cash Wheat Bids Lower

Thu Aug 26, 2010 06:16 AM CDT
Buffered a little by another 1- to 3-cent stronger basis, the DTN cash wheat indexes were down another 13 to 26 cents Wednesday.

Storage Issues, Again or Already

Wed Aug 25, 2010 02:24 PM CDT
Will we ever be finished talking about last year's corn crop? There's still a lot of it clogging storage, and that could have some interesting consequences as combines start rolling this fall.