A bit of good news re: Grain Prices
From
AgWeb:
Wheat Tour: Healthier Crop Found in Eastern Kansas
The health of the Kansas wheat crop is better in comparison to last year, according to field reports from the first day of the 2008 Hard Winter Wheat Tour sponsored by the Wheat Quality Council.
The tour averaged a calculated yield of 45.4 bushels per acre on the first day and logged 190 stops across northern Kansas and far southern Nebraska, which compares to 40.0 bushels per acre last year for the same route when 209 fields were sampled. This year�s calculated yield for the first day of the tour is the highest since 2005 when the tour reported a yield of 48.9 bushels per acre with 192 stops logged.
Tour participants in the first leg of the tour reported that crop conditions in the eastern part of the state are a great improvement over last year when a freeze caused severe damage to the region. However, crop conditions in the western part of Kansas are struggling due to dryness, late planting and poor germination rates.
A consistent theme of very low disease pressure or insect infestation was noted on the first day when all field reports were accounted for.
Germination rates are tied to the cooler weather but still, this is excellent news.
Posted by DaveH at May 7, 2008 9:49 PM