Farms.com Home   Ag Industry News

2015 US Corn Belt Crop Tour: Wisconsin

Eleventh state in a 12-state tour

By Diego Flammini, Farms.com

The 4th annual Farms.com US Corn Belt Crop Tour is continuing to make its way through the American Midwest, visiting some states along the way that, for better or worse, could impact the national yield and commodity prices going forward.

Led by Farms.com Risk Management’s Chief Commodity Strategist Moe Agostino, the team began the tour in Ohio and traveled through Indiana, Illinois, Missouri, Kansas, Nebraska, South Dakota, North Dakota, Minnesota and Iowa.

The second-last state to be visited during the 12-state tour was Wisconsin.

“I’m not seeing any disease, weed or moisture pressure so far,” Agostino said standing in front of a corn field. “We’ve got chest to head high corn. It may be a little bit behind but we’ve got lots of heat.”

As the tour got closer to Black River Falls, Wisconsin, some pressures started to appear.

“We’re starting to see a little bit of moisture stress,” said Agostino. “But not what we’ve seen in some of the other states.”

From Black River Falls, the tour traveled near Beloit, Wisconsin where some corn crops appeared to be behind.

“Very little tasseled corn in Wisconsin,” Agostino said. “We do see some ears forming.”

Overall, Wisconsin seems to be performing well, but because it isn’t a large producing state, it may not have a large impact going forward.

“Wisconsin looks good compared to most other states,” Agostino said. “Unfortunately it doesn’t rank high in terms of corn and soybean production and doesn’t really rank at all when it comes to wheat production. I’m not sure it’s really going to add to the national yield.”

Be sure to follow the Corn Belt Crop Tour on Twitter using the hashtag #CornBelt15.

Michigan will be the next and last state visited on the tour.


Trending Video

Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.