Marketing

[marketeye]

I'm wondering if early harvesters will be ignoring the September corn futures contract more so than other years, due to weaker price.

Not price, but advanced crop development could mean an early harvest for you or your neighbors, perhaps? What do you hear?

And if there is an early harvest, that September contract is not appealing at all, right now.

So, with no rush to get the crop to market, will corn sit in the field longer than normal?

What say you?

Mike

[illinifarmer]

Crooks

[Hobbyfarmer]

No change here, it needs to be 18% to fire up the combine.

Close on enough storage to just tin can it

[BA Deere]

A guy was hauling old corn and getting a 140 ft grain leg put up, so there`ll be delivering old crop for a while yet     Seems like every year someone vows to let the corn sit and others harvest with moist in the high 20`s to avoid phantom losses, but all it takes is for someone to start and it`s off to the races.  Around here a lot of corn hasn`t dented yet so it`ll be into October before it really gets going.

Corn price around here will jump a dime as the calendar turns to September. 

Corn
Location	Delivery Start	Delivery End	Basis Month	Futures Price	Change	Basis	Cash Price
New Hmptn	08/01/2018	08/31/2018	Sep 2018	353-4	1-0	-38.00	$3.15
New Hmptn	10/01/2018	10/31/2018	Dec 2018	367-6	1-0	-42.00	$3.25
New Hmptn	12/01/2018	12/31/2018	Dec 2018	367-6	1-0	-40.00	$3.27
New Hmptn	01/01/2019	01/31/2019	Mar 2019	380-0	1-0	-48.00	$3.32

[marketeye]

It's interesting that somebody posted on my Twitter feed a video of shelling corn, already, for a feedlot. This guy says it's a first for him, shelling in August.

So, what I'm really saying in the original post is that it seems that agronomics not economics is driving this year's 'harvest bus'. Crops going to be ready early, due to a faster growing pace, this year.

Mike

[crophugger]

Good lets just get it over with since nobody wants to get the rust of the old disc.

[sw363535]

Weather pushed this crop, not genetics.