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Boone Co. Iowa | The FBN results that I have seen reflect us getting in the field a few weeks ago. I would say it is pretty accurate.
Someone else mentioned and I would agree that the results would tend to be a little higher just because the average FBN member is 100% engaged in farming, more than likely. There are a number of acres that are farmed by evening and weekend guys that might be less likely to be an FBN subscriber. An evening/weekend guy is more likely to be a low-cost producer and less likely to spend the $ on FBN. Also, less likely to have large planter, variable rate planting, etc. (I am not an FBN member btw.)
USDA gets traded, and I think it will regularly be 4-8% lower than FBN.
There are bean stubble fields that don't have anhydrous on here, and corn stubble that hasn't been worked (and I'd say 90% typically is). Not a lot, but some. Farmers from out of the area that are renting, or evening/weekend guys, or livestock guys, etc.
Most of the guys who have big equipment and lots of $ tied up in machinery, rent, etc. are done and their corn has been up for 5-10-15 days. | |
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