COLDSNAP in the corn belt in the United States
Mid November reaches a cold wave in large parts of the United States from Canada. Low temperatures up to minus 10 degrees at night and under 0 degrees during the day are announced. According to the forecasts, this weather situation for the next 10 days to stop and withdraw then again slightly to the North.
After the last messages are 90% of soybeans as of Sun, Nov. 9th already harvested. In the more 100% vulnerable northern areas around Dakota already, because there precocious varieties are grown. Soybean stocks standing still on the fields of are more likely to find in the southern regions and thus less at risk.
The corn harvest is threshed to well over 80%. There is still pent-up demand in all federal States South of the Great Lakes. 43% of the corn crop are threshed in Michigan. The harvest delay due to cool summer weather has led to a slow growth and some rich rainfall contributed to the harvest delay.
The corn is hampered by the cold wave in the full development of its yield potential . The low temperatures lead to the immediate cancellation of yield formation. The USDA has already responded in its crop estimate with a slight return of the average yield.
Smaller passing snow showers could slow harvest progress. However, the weather maps for the next 10 days of mostly dry weather show so the combine can continue their work.
The cold wave is likely no significant cuts when estimating the US corn crop run. The majority is already signed and sealed. The remaining quantities can be introduced relatively safe at slightly depressed income.
It remains at a record harvest of corn and soybeans in the United States.
More critical, however, perceived winter wheat sowing . It is only 90% complete. The delays caused by the late corn harvest. Expected to be land of part of is no longer cultivated and used for the underperforming summer wheat cultivation. Wheat stocks are judged just below average. In the category "good to excellent" only 60% of the holdings have been classified.
Weak wheat stocks are vulnerable to a high Dewinterizing. The current cold wave is likely for the time being but not contribute, to the temperatures still in the tolerable range.
Last year, the rating was 65%, this value is also just barely average.
The starting conditions for the upcoming U.S. wheat crop are not the best for the umpteenth time.
