On the subject of PP and crop condition.
Took a drive out across part of western NY yesterday and back by a different route. Saw quite a lot of unplanted ground some being worked to control the weeds presumably for wheat, some not touched. Saw some good corn, saw a lot of 4 ft tall corn not even close to tasseling and presumably going to be a silage catch crop. Saw some good soybeans, saw a lot of late planted beans with big unplanted wet spots. There's something about late planted beans that were mudded-in, they just never do well. There will be some beans harvested but there won't be a lack of bin space or lines waiting to unload at the elevator, that's for sure.
I don't know about Indiana, Ohio & Michigan but if they're like here, it's going to be a mediocre harvest.
More to the point, I don't know how anyone can possibly estimate production this year. A lot of beans haven't start to blossom, to say nothing of podding up. Lots of beans that will never pod up.
I seriously doubt if anyone will have a handle on corn or bean production in these rain-affected states until late fall at the earliest.