Here you go Market eye
You asked for pictures - heres some of one of my fields from East Central IN - This field is 150 acres - planted , May 11th - had 30 units of N applied at planting - plan was to apply another 60 gallon at V-6 - but has been raining here for the past 2 and half weeks - I did just back in yesterday - still wet in some areas - all pictures are from the same field .
Water has done its deal here - and as you can see in pictures - there has been a loss of some of the N - aready have 6 tenths , this morning - calling up and maybe pver 4 insh's total here - what will this POS field look like after that ? I don't think anybody will have to worry about IN setting any records this year - heck Missouri will problably beat us - where ever Missouri is .
Re: Here you go Market eye
Well done EC. That looks very good compared to anything north of SR 28 in Indiana. Yours probably still only has trend yield potential though with that many yellow spots this late in the game. Drove over to Oxford, Ohio last weekend to move a daughter and saw just excellent crops in SE IN and SW OH. Record potential for there for sure.
Purdue prof Hurt presented a nice study of things at the Farm Mgmt Tour yesterday. This is the 4th time in recorded history for NE IN to get over 8" of rain in June. 1896 being the first which kind of make you wonder if you can blame it on MAN made climate change.
Anyway, in NE-IN, in those years, yields at worse were 10% below trend, and normally only 3% below. So, his point was that you can loose a big chunk of one or two states and only shift national production a few 100mil bushels, and have very limited price impact.
BUT, the fact that the Bermuda high is over the SE and not Bermuda is very concerning, and he is not sure how the market can be ignoring it. (causes the SE and NW corn belt to experience drought regardless of El Nino) according to him.