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This report aims to track ownership changes and consolidation trends of North American farm equipment dealers.

Early Harvest Well Underway in Iowa

“Another week of abnormally dry weather helped Iowa farmers continue their early harvest of corn and soybeans,” in Cedar Falls, Iowa, reported yesterday.

According to the broadcast outlet, 37% of Iowa’s corn crop has been harvested, which is three weeks earlier than normal, says Iowa’s National Agricultural Statistics Service. Nearly a quarter (23%) of the state’s soybean crop has also been harvested, over a week ahead of normal.

The station also reported that the average precipitation was only 0.17 inches, compared with “normal” for the week, which is 0.77 inches. This was the eighteenth week in the past 20 with less than normal precipitation.

Corn condition declined slightly and is now rated at 21% very poor, 29% poor, 32% fair, 17% good and 1% excellent. Nearly 80% of Iowa’s soybean fields are dropping leaves, a 24% increase from the previous week. Soybean condition is rated at 13% very poor, 21% poor, 40% fair, 24% good, and 2% excellent.

Posted September 26, 2012
IA harvest of aflatoxin
Posted from: Jim Martindale, 9/27/12 at 7:26 AM CDT
I appreciate the update on the harvest progress in IA but the real bombshell we need to know is how much of the corn is going to have to be blended because of aflatoxin levels. Add to that the mycotoxins which require blending as well. The aflatoxin issue has already been the subject of FDA reveiw and a grant for blending but my understanding is that mycotoxin issues are not regulated in anyway and still have a chilling effect on inventories of good corn.
If '09 was a problem, and it was, I can't imagine how much of a problem we have this time in '12.

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