July 20, 2011

Declining crops ratings likely to continue

The recent heat-wave in the Midwest has cause a decline in the corn and soybean crop ratings for the week ending July 17. The national crop ratings were down by three percent to take the rating to 66 percent. Like the corn crop, this year's national soybean rating is below the rating given to the crop the last two years as of mid-July.

But the rating is better than the ratings given to the crop in the middle of July from 2005 through 2008. The chances are high that this decline will continue, even if we get rainfall by the end of the week due to the type of heat that we are experiencing now. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers


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