The rain faucet has not turned off since last Thursday. We have received measurable rain everyday since, measuring a current total of 6.7″. Water is standing in most fields but we have not had the larger amounts (10″ plus) seen in areas a few miles to our north. We should be good on water through pollination of of the corn crop. According to accumulated heat units and our planting dates, we anticipate the corn crop to tassel in a period beginning near July 12th and to complete pollination during the last week of July.
We took a road trip the last two days to look at some used equipment. Our travels covered northern Illinois, eastern Iowa, and southern Minnesota all the way to the South Dakota line. Crops look good along the majority of that route. Areas that had been dry were receiving much needed rain and storm damage was minimal. We did see hail, wind and drought conditions along the way but those fields were few and far between. The driest area we saw was western Minnesota. Areas there had not had rain since planting. We drug a few storm clouds with us and they had 0.5″-1″ of rainfall Monday evening when we arrived. The rainbow pictures were taken at the John Deere dealer in Marshall, Minnesota that evening.
The USDA report this morning has pushed the markets for both corn and soybeans higher. Corn is up $0.40 for the day with a local fall cash price of $5.70. Soybeans are up $0.80 for the day with a local fall cash price of $13.70. The wild ride continues!