Death comes to us all. Life's but a walking shadow | I re ran my crop condition model using week 33 data for Illinois. The decline in crop conditions brought corn down 1.3 bushel from last week, 186.8 down from 188.1. This compares with USDA's estimate last week of 188 for Ill. With an expected 10.950,000 corn acres harvested for grain this is equivalent to 14.2 million bushels less.
It is a general observation across most crop condition analysis that crop condition observations under estimates the higher than average yields and over estimates the lower than average yields. I suspect that is a natural bias of observers. The observers are more likely to say," it can't be that good" when it's good and more likely to say, " it can't be that bad" when it's bad. If this holds true in Ill. I would anticipate Ill coming in lower still.
(Ill wk 33 crop condition-page-001.jpg)
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