It has been a week of perfect weather for Indiana crop harvest and the pace in some parts of the state is getting brisk. Mike Silver is a grain marketer at Kokomo Grain who sees a lot of farm fields each day in addition to his work with farmers. The early season reports from central and southern areas are encouraging.
“The yield reports certainly for the early harvested beans are up to expectations and some better than expectations, so we’re seeing some good yields. We’re hopeful that the later planted beans will hang in there. There’s still some doubt in my mind and others that we will be able to sustain this good yield based on the lack of rainfall during the month of August.”
Silver says Kokomo Grain is receiving some newly harvested corn and moisture is mostly in the upper 20 percent range. He believes corn harvest should get up to full throttle in the next week to ten days. In the northern reaches of Indiana harvest is slow
to begin, but Silver expects that area will also come to life in the coming week. Corn yield reports are mostly a bit better than previous expectations.
Broker Jim Riley at Riley Trading agrees with Silver’s assessment, but he is just now starting to hear about some of the lower yields that were expected with later planted crops, but these are not actually late planted crops.
“I’m now hearing some yields out of Indiana that are down in the 110, 120, and 130 bushels in corn. I’m hearing beans down in the 40’s and we have to realize that all this was fairly early planted stuff or it wouldn’t be harvested yet. I think as we get into the better ground where’s there more holes we’re going to hear lower yields.”
Some farmers he talks with are happy with soybean yields but not the beans themselves, which are pretty small. One farmer reported a drop of 35 bushels per acre for a soybean field on light, sandy soil compared to a field with the same soils a mile and a half away, but planted 18 days earlier.