(Posted Mon. Sep 9th, 2013)
Sept. 9: Warm, dry weather though much of the Corn Belt, with drought conditions in several areas, has reduced the condition of the 2013 U.S. corn crop as harvest approaches, the U.S. Department of Agriculture reported today.
“Many of our growers are noticing the impact of the late-summer weather on their crops,” said National Corn Growers Association President Pam Johnson. “We also see that drought monitors show conditions reaching the severe stage in several key corn-growing areas of the upper Midwest.”
As of Sept. 8, 54 percent of the crop is rated good or excellent, down two percentage points from last week, with 29 percent rated fair and 17 percent rated poor or very poor. Only 9 percent of the crop has reached the mature stage, markedly lower than the five-year average of 28 percent.
Johnson noted that the USDA will release its next monthly supply-and-demand report on Thursday, and it could show a change in harvest expectations.
“While we have been relatively bullish about this crop, we’ve also recognized that there are always things like weather that can have an impact as the crop is reaching maturity and harvest stage.”