| This Chart had last week's data:
I updated it for yesterday's numbers and found this:
| | Harvested | Not Harvested | | Bu in Field | | | | | | | | Missouri | | 5,730,000 | 23% | 1,317,900 | 46 | 60,623,400 | Kansas | | 4,810,000 | 19% | 913,900 | 42 | 38,383,800 | Ohio | | 4,940,000 | 12% | 592,800 | 59 | 34,975,200 | Illinois | | 10,850,000 | 4% | 434,000 | 64 | 27,776,000 | Arkansas | | 3,570,000 | 17% | 606,900 | 50 | 30,345,000 | Iowa | | 9,840,000 | 3% | 295,200 | 58 | 17,121,600 | Indiana | | 6,180,000 | 7% | 432,600 | 60 | 25,956,000 | Kentucky | | 2,090,000 | 25% | 522,500 | 54 | 28,215,000 | North Carolina | 1,590,000 | 42% | 667,800 | 35 | 23,373,000 | Tennessee | | 1,720,000 | 26% | 447,200 | 48 | 21,465,600 | Michigan | | 2,290,000 | 17% | 389,300 | 48 | 18,686,400 | North Dakota | | 6,550,000 | 7% | 458,500 | 36 | 16,506,000 | Wisconsin | | 2,290,000 | 9% | 206,100 | 49 | 10,098,900 | Nebraska | | 5,450,000 | 3% | 163,500 | 49 | 8,011,500 | Minnesota | | 7,740,000 | 2% | 154,800 | 50 | 7,740,000 | South Dakota | | 5,660,000 | 2% | 113,200 | 49 | 5,546,800 | Mississippi | | 2,180,000 | 5% | 109,000 | 53 | 5,777,000 | Louisiana | | 1,370,000 | 3% | 41,100 | 50 | 2,055,000 | | | | | | | | Total | | 84,850,000 | 9% | 7,636,500 | 52.1 | 397,861,650 | | | | | | | | Which is interesting for a couple of reasons..
Kansas still had almost a million acres of Soybeans uncut out in the field past the insurance deadline to plant wheat.. which adds credibility to my argument that Ks Wheat acreage is going to be down big.
And it looks about right.. we've been on either side of freezing now.. which makes the fields just a slimy mess.. not frozen.. but too soft to move on.. there were a fair amount of dryland soybean fields.. more Sorghum and Most of the Cotton yet to go on my trip Saturday.
Missouri could probably make a similar argument.. I suspect that alot of those soybeans are in the Bootheal.. but also elsewhere.. less wheat also..??
For the soybean market as a whole.. it's less than half the projected carry out.. so.. probably not a big deal.. Alot.. but we got enough in now anyway.
Soybean basis did firm some on yesterday's drop. here.
Harvest movement is slow but will be ending at some point.. |