Farms.com Home   News

Mixed fortunes for U.S. corn yields in 2024

Aug 01, 2024
By Farms.com

Silking stage reached, but crop quality varies widely

 

The U.S. corn crop is experiencing wide variability in its growth and development, as reported by the USDA’s Crop Progress Report.

More than 60% of the corn in the nation's top 18 corn-producing states has reached the silking stage. Yet, the overall crop quality is inconsistent, with only 16% rated excellent and over 30% falling between fair and very poor.

Kentucky illustrates these contrasts vividly. Chad Lee from the University of Kentucky reports excellent conditions in the western part of the state, predicting a strong harvest. Conversely, eastern areas face drought stress that jeopardizes crop yields and could necessitate insurance claims.

This pattern of variability is mirrored nationwide, with some regions enjoying optimal conditions for growth, while others face adversities such as drought and flooding. These challenges highlight the importance of advanced farming techniques and technologies that enhance crop durability and water efficiency.

With the harvest approaching, the agricultural sector is closely monitoring how these diverse conditions will translate into final yields.

This year’s crop variability highlights the ongoing need for research and innovations that enhance the resilience of the U.S. agricultural landscape and safeguard food security.


Trending Video

USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.