The 2023 DTN Digital Yield Tour sees larger corn and soybean crops than last year despite a challenging start to the season. As of Aug. 7, Gro Intelligence s yield models estimate the national average corn yield at 177 bushels per acre and soybean yield at 51 bpa.
This week DTN s View From the Cab farmers pull some yield checks, celebrate timely rains in Missouri, and keep on top of water management and pests in North Dakota.
The December corn futures contract closed at $5.74 1/2 on June 15, 2023, above the 100-day moving average, which marks the official change to a bullish market. Early season drought conditions may have flipped the market script, but there are plenty of questions that may limit how high prices go.
Massive amounts of rainfall in the Texas Panhandle during the weekend caused cattle deaths in the region s feedyards, but analysts believe the effect on the cattle market will be minimal.