Water Street Solutions Aerial Crop Tour /30/15

Similar documents
SITUATION AND OUTLOOK FOR COMMODITIES GREAT LAKES REGION, 2017 CROP YEAR GENERAL:

SPRING WHEAT FUTURES AND OPTIONS

2013 Safflower Irrigation Research Results

Crop Reports by Ron Becker, Hal Kneen and Brad

Markets for Breakfast and Through the Day

August 13th, By Jack Scoville

Cocoa Prepared by Foresight December 5, 2017

Corn Futures Highs David Scheibel Toll Free

Corn Growth and Development

Corn Earworm Management in Sweet Corn. Rick Foster Department of Entomology Purdue University

Wheat Summary. MF Global Daily Report

Double Crop Soybean Production System The Syngenta Story SW Ontario REWARD VS REAL RISK

fruits labor THE OF THEIR

How to Grow Pineapples Intro: How to Grow Pineapples Step 1: Obtain a Pineapple... Step 2: Cut and Eat...

Malting barley prices Basis FOB Swedish /Danish Port Oct 14/15/16/17/18

Andrea Thompson. Head of Research and Analysis. CoffeeNetwork, a product of FCStone LLC.

Cocoa Prepared by Foresight October 3, 2018

Dealer Programs To Move Soybean Yields Higher. Missy Bauer B&M Crop Consulting, Inc.

CropCast Weekly Oilseeds Report

Angel Rebollar-Alvitar and Michael A. Ellis The Ohio State University/OARDC Department of Plant Pathology 1680 Madison Avenue Wooster, OH 44691

The Pomology Post. Hull Rot Management on Almonds. by Brent Holtz, Ph.D., University of California Pomology Advisor

Quality of the United States Soybean Crop: Dr. Seth. L. Naeve and Dr. James H. Orf 2

In this week we enlighten you about peanuts from the USA, Argentina and China.

STUDY GUIDE: AGRICULTURE: CROPS

Lack of irrigation in 2002 reduced Riesling crop in Timothy E. Martinson Finger Lakes Grape Program

Fungicides for phoma control in winter oilseed rape

October 8th, By Jack Scoville

PARABLE OF THE SOWER

Quality of Canadian oilseed-type soybeans 2016

Areas of Concern Extreme Weather events

Chapter 3 Dough Ingredients

Corn Earworm: Is It Resistant to Pyrethroids?

Feta cheese isn t vegan but you can create a delicious cruelty free version

Honeybees Late Fall Check

Food Allergies on the Rise in American Children

THE THREAT: The disease leads to dieback in shoots and fruiting buds and an overall decline in walnut tree health.

April 16th, By Jack Scoville

Effect of paraquat and diquat applied preharvest on canola yield and seed quality

Canola and Frost What happens to the seed?

January 15th, By Jack Scoville

Strawberry Planter Update

PROCESSING TOMATO VARIETY TRIAL SUMMARY

Effect of paraquat and diquat applied preharvest on canola yield and seed quality

May 21st, By Jack Scoville

Impacto de la roya sobre la cadena del café. Renaud Cuchet Managing Director Efico Central America

Outlook for FCOJ in 2019/20

Evaluation of 17 Specialty Pepper Cultivars in Southwest Michigan

western Canadian pulse crops 2005

Solubility Lab Packet

Evaluation of 15 Bell Pepper Cultivars in Southwest Michigan

CIF Stock Recommendation Report (Fall 2012)

Commitment of. Traders. Managed Money. Fund Positions

THE GREAT DIXTER COOKBOOK

western Canadian flaxseed 2003

September 3rd, By Jack Scoville

PERFORMANCE OF SUPERSWEET CORN AND SWEET CORN VARIETIES FOLLOWING SEVERE HAIL

100 Days of Real Food Cookbook Review

Peach and Nectarine Cork Spot: A Review of the 1998 Season

India. Oilseeds and Products Update. August 2012

Low Carb Bread That Doesn t Suck

SAVAGE SOLUTIONS - FRENCH BLUE CASE STORY ROSES ARE RED, ROSÉS ARE BLUE

Topics to be covered: What Causes Fruit to Rot? Powdery Mildew. Black Rot. Black Rot (Continued)

Quality of western Canadian peas 2017

Variety Name Seed Company Variety Name Seed Company. BHN 589 Seedway Mt. Merit Seedway. BHN 967 Siegers Seed Company Primo Red Harris Seed Company

Vineyard IPM Scouting Report for week of 12 July 2010 UW-Extension Door County and Peninsular Agricultural Research Station Sturgeon Bay, WI

POACHED SALMON IN TOMATO GARLIC BROTH June 3, 2013 By Meredith Steele 21 Comments

Vegetable Storage Update

Food memoir final 100 of 100

Vinews Viticulture Information News, Week of 3 August 2015 Columbia, MO

GRAPE POWDERY MILDEW: MANAGEMENT AND RESISTANCE

MUM WASH (Original and Hybrid wash) (with photos) (plus International version at end)

February 25th, By Jack Scoville

How to Sneak Healthy Ingredients into Recipes

2012 NEW YORK STATE SOYBEAN VARIETY YIELD TESTS. William J. Cox, Phil Atkins, and Mike Davis Dep. of Crop and Soil Sciences

Spring Canola Variety Performance in Iowa 2007 Final Report

Language Book samples

2035 S MERIDIAN AVE OKLAHOMA CITY, OKLAHOMA 73108

HISTORY USES AND HEALTH BENEFITS. Figure 31. Nanking cherries

Malting barley prices Basis FOB Swedish /Danish Port Basis Oct 14/15/16/17/18/19 EUR/mt 230

Survey Overview. SRW States and Areas Surveyed. U.S. Wheat Class Production Areas. East Coast States. Gulf Port States

Report to Pennsylvania Vegetable Marketing and Research Program and Pennsylvania Vegetable Growers Association

Volume XL Issue 1, March 31, General Situation

Evaluation of desiccants to facilitate straight combining canola. Brian Jenks North Dakota State University

J / A V 9 / N O.

FALL GRADE. Edible SCHOOL GARDEN. Program WORKBOOK ANSWER KEY VERSION: AUGUST 2016 JHU CAIH

Basis could avoid last fall s disaster Smaller corn crop should free up space for soybeans By Bryce Knorr

Interview with Marsha Closson and Winona Martin Interview by Karissa Lee, Jason Sayers, April 18, 2013

McLaren Vale wine region. Regional summary report WINEGRAPE UTILISATION AND PRICING SURVEY 2007

Effect of Planting Date and Maturity Group on Soybean Yield in the Texas South Plains in 2001

PickYourOwn.org. Where you can find a pick-your-own farm near you!

February 11th, By Jack Scoville

The Bear Tree by Peter

Chris Smart. Plant Pathology and Plant- Microbe Biology Cornell University Geneva, NY

2016 Cool-Season Forage Variety Recommendations for Florida

Fungicides for phoma control in winter oilseed rape

Quality of Canadian oilseed-type soybeans 2017

United States Soybean Quality. Prepared for the American Soybean Association International Marketing Soy Outlook Conferences

Evaluation of 18 Bell Pepper Cultivars In Southwest Michigan

Other brands of Organic Blackberries continue with steady supplies out of Mexico.

March 25th, By Jack Scoville

Transcription:

Water Street Solutions Aerial Crop Tour 2015 7/30/15

1 When we left Peoria, IL, we flew northwest to Geneseo, IL. The crop was as I expected for the first half of the route. The second half from Toulon, IL to Geneseo, IL, the crop was really in great shape.

2 Then we flew northwest from Geneseo, IL to Mason City, IA. Of that route, about 2/3 was in excellent shape with areas of challenges mixed in.

3

4

5

6 While some areas in northeast Iowa said they had gotten too much rain early, much of the area actually looked pretty good.

7

8

9 The first surprise or ah-ha moment came while flying from Mason City, IA to Spencer, IA, southwest to Storm Lake, IA, and southeast to the I-80 corridor. We saw good crops, but there were holes and yellow spots. There were areas you could tell had too much rain early. It had affected the stands and had created denitrification. That was a bit of a surprise because I had heard the northwest corner of Iowa was pristine. I think it s good, but it s not perfect.

10

11

12

13

14 Then we flew south of I-80 in Iowa on our way to Kirksville, MO. We saw nothing but crops that were late, had holes or denitrification.

15

16 Moving east from Kirksville, MO to Jacksonville, IL was also discouraging. As we got toward Jacksonville, IL we saw a lot of devastated crops: denitrification, areas where ponding had taken place so there was a lack of a stand.

17

18

19 Then it was a combination of good and bad as we continued east from Jacksonville, IL to Terre Haute, IN. There were stretches that were very good, and stretches that were not. I think that had a lot to do with the early season rains. The areas that looked better probably caught less rain this spring only 3 inches of rain in a night compared to 8 or 12 inches.

20

21

22

23 As we moved northeast from Terre Haute, IN to Kokomo, IN, that area was devastated. There isn t much to say about this area in a positive light. The area just had too much rain in May and June.

24

25 Heading back west from Kokomo, IN to where we started in Peoria, IL was not good, either. This whole area also took too much rain early in the May-June timeframe. It left the crop not only in need of nitrogen but with holes in it.

26

27

28

3 Key Take-away Points: 1. Iowa/northwest Iowa wasn t as good as I expected it to be. It was still good, but just not perfect like I had thought before taking this tour. 2. The 5 million acres of beans mainly in southern Iowa, Missouri, parts of Illinois that were late getting planted and the government said they finally got planted what we saw on the tour was that a lot of those beans were really immature. I question how much they are going to yield. Many of them were 3-4 inches tall. It was a situation where, yes, they got planted but are they going to yield 10, 15 bushel? What will they actually yield by the time we get to harvest? I think that 5 million acres of beans will have a hard time averaging over a 20-bushel average at most, if not less. 3. Water Street typically takes this crop tour in August, but this year we took it a bit earlier, on July 30 th. What that means is: this crop will only start to look worse as time goes on. There will be more deterioration as we get further into the growing season. The plant uses a lot of nitrogen after it pollinates, after mid-silk. I would expect that the fields that are yellow in these pictures where denitrification had already set in those fields will only become more yellow as the weeks go by. Plus, disease is going to be a real factor not only in the beans with sudden death syndrome and possibly white mold, if we have a wet August but beans are made in August, so they will need rain. There was too much rain in many areas of Indiana, Illinois, Missouri, Ohio, parts of Michigan, and with a shallow-rooted crop, dry weather will hurt us in a different way. It will hurt grain fill, not because of disease but because of lack of moisture and the transfer of an assimilation of nutrients. That s a real issue. For the corn, I think anthracnose is a real possibility. We may see stalk rots late-season, or leaf blights like northern leaf blight. With the type of year we ve had so far, a lot of people have not sprayed. Fungicide treatments are going to be a must. It will be interesting to see how this crop fares as we go through a large nitrogen pull as we get into grain fill in the middle of August, heading toward fall. It will be interesting to see how the corn plant and the bean plant battle any weather concerns or disease. They re already weakened in many areas of the Grain Belt and therefore, they re going to be sensitive to any coming environment that is less than ideal. Summary: To sum up the three points: 1) Iowa conditions weren t as good as I thought, 2) the 5 million acres of beans have a long way to go and I don t know if they ll make much, and 3) normally we take this crop tour a little bit later, so as it deteriorates, I expect the crops to become worse as we move through August. All in all, I think the national average for the corn crop is under 160 bu/acre. I think the soybean crop is going to have a hard time making 43.5 bu/acre. Because of what I saw on this crop tour, I think prices will need to go higher. -Darren Frye

Find the full image library of more than 400 photos at: www.waterstreet.org/crop-tour-2015 Water Street Solutions Peoria IL 309.680.1200 waterstreet.org

These photos are for informational purposes only and not meant to promote specific trading or marketing strategies. All opinions expressed in this presentation are solely those of Water Street Advisory. This data and these comments are provided for information purposes only and are not intended to be used for specific trading strategies. Although all information is believed to be reliable, we cannot guarantee its accuracy or completeness. There is significant risk of loss involved in commodity futures and options trading and may not be suitable for all investors. You should always consider these risks and evaluate your suitability based on your financial condition. This is a solicitation to enter into a derivative transaction. The images and information are copyright Water Street Solutions and Water Street Advisory 2015. Water Street Solutions Peoria IL 309.680.1200 waterstreet.org