Hurricane Sandy and impact on grain markets?

frank

Guest
#2
Sandy throws the brakes on harvest -- USDA

Though farmers are still generally well ahead of the normal harvest pace, Mother Nature really threw on the brakes in the last week, bringing progress to a crawl as several key states hover just shy of the finish line.

Wednesday's USDA-NASS Crop Progress report -- delayed two days on account of Hurricane Sandy, which forced the closure of the federal government Monday -- shows 91% of the nation's corn crop is out of the field, 31% above the normal pace but just 4% above last week. Farmers in states like Minnesota, Missouri, Kansas, and Iowa are within 5% of completion and should get the chance to knock out much of those fields remaining in the next week as the weather turns drier in many areas that have seen some of the biggest rainfall delays in the last few days.

Read more: Sandy relenting; dry weather ahead
See more from Wednesday's Crop Progress report

The pace wasn't quite as sluggish for soybean farmers in the last week; 87% of that crop is harvested compared to 80% a week ago. But the pace isn't near as brisk overall; usually by this week, 78% of the nation's bean crop is in the bin.

"Rain and snow across the eastern Midwest continue to slow late harvesting of corn and soybeans, while harvesting is progressing well in Central and Western areas," Don Keeney, senior ag meteorologist with MDA EarthSat Weather, said on Wednesday. "Harvesting should improve in Eastern areas after today, as showers there ease."

Adds Wednesday's Commodity Weather Group report: "Drier weather will return for much of the next 10 days. A few weekend showers are possible near the Ohio River, but most areas now have the chance to see better conditions for late fieldwork until the 11- to 15-day [timeframe] in the Midwest/Delta."

Though the overall trend toward dryness will be welcomed by many, it may not be enough to allow a lot of progress yet, especially in those areas that have received excessive moisture in the last few days as Hurricane Sandy has moved west.

Read more at http://www.agriculture.com/news/crops/sy-throws-brakes-on-harvest-usda_2-ar27194
 

waqas20

Guest
#3
hough farmers are still generally well ahead of the normal harvest pace, Mother Nature really threw on the brakes in the last week, bringing progress to a crawl as several key states hover just shy of the finish line.

Wednesday's USDA-NASS Crop Progress report -- delayed two days on account of Hurricane Sandy, which forced the closure of the federal government Monday -- shows 91% of the nation's corn crop is out of the field, 31% above the nor
 

waqas20

Guest
#4
he pace wasn't quite as sluggish for soybean farmers in the last week; 87% of that crop is harvested compared to 80% a week ago. But the pace isn't near as brisk overall; usually by this week, 78% of the nation's bean crop is in the bin.


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naeem

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tazy

Guest
#5
while harvesting is progressing well in Central and Western areas," Don Keeney, senior ag meteorologist with MDA EarthSat Weather, said on Wednesday. "Harvesting should improve in Eastern areas after today, as showers there ease."......!!!
 
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