A few combines have started to roll here in Lee County. I haven’t heard too many hard numbers yet, but everyone seems to be happy with the yields - not excited but happy. If Illinois is to reach the USDA estimate of 214 bushels per acre for corn, there had better be a lot more people excited about yields and not just happy. We should have some soybeans ready to go in the next day or two. Hope I’m excited once the yield monitor starts to tally the numbers.
The rainy days seem to just blend together, but I believe the total for the week is a little more than 3 inches. A fairly large area north of us had wind damage a week ago with parts of cornfields laying flat. On top of that, tar spot has killed some fields prematurely. In the worse fields, leaves were completely shut down from photosynthesis, and the plants robbed from the stalks to finish out the ear. Early harvest will be a must in those fields to avoid heavy harvest loss. Soybeans have really laid over from all the heavy rain and wind.
It has been rough watching the grain markets wallowing in what I hope is the basement for this coming crop. But the hidden killer is the basis levels. At the local elevator, soybean basis for September delivery was running a negative dollar under the futures. Putting cash prices in the low to mid $7s. Corn wasn't any better at 53 cents under, that would net you around $2.93. I don't know about you, but that’s disgusting to me. I guess it wouldn't be all that bad if I could average 350-bushel corn and 100-bushel soybeans across the whole farm. Sorry I dozed off a bit and was dreaming.
Things are changing fast here in Lee county. A few fields of corn have reached maturity and are in the process of drying down. A lot of fields have some level of gray leaf spot, and I'm seeing some Goss's wilt scattered around the countryside. Other than that, the corn looks good around here. About the only thing holding back yields are the wet spots from all the rain in May and June. Soybeans look exceptional. Of course, they had problems with too much moisture this spring, but I think they might outshine the corn. SDS is popping up in some fields, but a lot of fields are starting to turn, so I don't think it will be a huge problem. Harvest is just around the corner, so you better be ready.