Corn harvest season has started in Kansas, but the U. S. Department of Agriculture reports that just 2% of corn has been harvested, down 11% compared to this time last year. Most of the corn in the state is harvested in September and October, but harvest time can differ depending on when it was planted, soil/weather conditions and disease. The corn condition itself looks to be very good, with 88% of it ranging from fair to excellent while only 15% is rated poor to very poor, according to the USDA. However, farmers are expecting an average loss of $0.85 per bushel due to the predicted yield.
One thing of concern, even though yields look to be exceptional, is a lot f grain is still in storage and it could become a challenge as they run out of places to put the fall crop. Look for significant piles of grain in piles on the ground. The long term outlook appears to be calling for dry and hot weather, which should allow for normal, or even historic harvest rates in the near future.
