Another Pro Farmer Crop Tour is in the books. Scouts are returning home after several days of boots-on-the-ground action, but one state stands out from the rest.
Minnesota’s corn crop topped the charts with the highest sample yield, coming in at 202.86 bushels per acre, which surpasses the USDA’s estimate earlier this month, and is 23 percent higher than last year.
Disease pressure is also growing. Scouts found that southern rust was more prevalent in the southeastern portion of the state. On the soybean side, they found a 3x3 square that contained around 1,246 pods.
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Tariffs are pushing up input costs, with fertilizer prices rising $100 per ton and machinery costs climbing due to steel and parts duties.
Year-round sales of E-15 are another major topic on Capitol Hill, which, according to Rep. Adrian Smith (R-NE), is one issue up for debate this session with significant bipartisan support.
Lawmakers have until September 30 to shore up federal spending for next year, or risk a government shutdown. The Farm Bill is also set to expire the same day.
American Soybean Association President Caleb Ragland joins us to share his reaction to September’s WASDE and discuss the trade uncertainty between China and his industry.
Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.
