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One might conclude
that the higher yielding fields are not yet harvested. The crops that were stunted by drought probably matured and dried down sooner. That 200 plus stuff is maturing more normally and drying down later.
Perhaps in two or three weeks you will hear more about hot shot yields as the combines roll in them.
I'm hoping my corn averages 150 or more. I can make that work.
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Re: One might conclude
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Re: One might conclude
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Re: One might conclude
I agree many areas of the Northern corn belt will be higher yields than normal. But, I do believe the market already has the higher than normal yields adjusted for. One item, which is not being accounted for: Cost of corn movement. North to South.
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Re: One might conclude
Of course the higher yielding fields are yet to come. That should be obvious. Counting the acres that were destroyed and the early harvested acres of 15%, what do you suppose the average yield is so far? I would guess about 30-35 bushels per acre. It's gonna take a whole lot of acres yielding better than 122 to bring up that average.
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