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2015 US Corn Belt Crop Tour: Illinois

Third state in a 12-state tour

By Diego Flammini, Farms.com

As Moe Agostino, Farms.com Risk Management’s Chief Commodity Strategist, and the Risk Management team continue the 2015 US Corn Belt Crop Tour, the third state visited during the 12-state tour was Illinois.

Even though Illinois seems to be in a better condition, moisture seems to be impacting some of the crops like it did in Ohio and Indiana.

“If I was to rank the states, Illinois looks the best,” Agostino said while in McComb County. “It has a lot more corn tasseled than Indiana or Ohio.”

Tall corn

“The state of Illinois, two to three weeks ago was looking really good. All of a sudden the moisture came. Too much moisture and we’ve shaved the top end.”

As the moisture continues to fall, farmers continue to battle it.

“There’s definitely stress,” said farmer Brian Bradshaw at his Griggsville, Illinois farm. “All the low places are yellow and half the size.”

With the moisture also comes the potential for nitrogen loss.

“We see a lot of that,” Bradshaw said. “Especially in the corn after corn.”

Generally, corn in Illinois seems to be okay, but it’s the soybean fields that have farmers concerned.

“Just too much rain,” said farmer Dean Ruebush. “There’s still bean acres left to plant and that’s very unusual.”

Follow along with Moe Agostino and his team as they continue to travel along the US Corn Belt.

The next stop on the tour is Missouri; be sure to follow the journey on Twitter using hashtag #CornBelt15.


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The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.