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Bean Report - 1 Sept 2021

Manitoba Pulse and Soybean Growers (MPSG) is giving a crop update in this week's Bean Report.

Laura Schmidt is an MPSG Production Specialist.

"Soybeans range from R6.5, which is beginning maturity, to R7, where there's at least one brown pod on the main stem. Some fields are rapidly approaching R8 or full maturity. The rains have helped fill pods and increase seed size in fields that were not mature when the rains fell. Once soybeans reach R7, they are considered safe from a fall frost."

Schmidt notes dry beans range from beginning to full maturity.

Field pea harvest is complete in most areas.

Faba bean harvest has also started.

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USDA surprised with higher 2026 U.S. corn yields but it’s early with just over 20% of the U.S. harvest complete. NE, IA and IL corn and soybean yields continue to hold up the national average corn and soybean yields.
U.S. corn crop conditions fell 3% to 54% G-E and NE corn yield goes up 11 bpa with the 2nd wettest to record wet month of September and harvest only 15% complete??????
Some regions in the U.S. had the hottest summer in 140 years while others had record flooding?????
The Black Sea region is worse not better.
Brazilian real rally.
Brazil looks dry into November.
+ CFTC.