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Bean forecast brighter than corn

Drought categories increase, big fall rains needed

Photo by Fritz Busch Wind blows through a yellow cornfield west of Sleepy Eye Wednesday. While some ag leaders say we’re heading toward a decent harvest, others say it’ll take a lot more corn and bean seeds than usual for a bushel this fall.

NEW ULM — The latest U.S. drought monitor for Minnesota shows the worst conditions yet this year with 55% of Minnesota in severe drought or worse.

It’s the first time this year most of Minnesota is in severe drought.

All drought categories increased over the past week. Extreme drought increased from at least 10% to 16%.

As of Sept. 7, Marshall’s summer moisture deficit was 7.52 inches. That compares to deficits of 9.32 inches at Rochester, 7.79 inches in the Twin Cities and 5.04 inches at St. Cloud.

Minnesota Soybean Growers Association President and Lincoln County soybean and corn farmer Bob Worth said shallow kernels are being found in fields.

“I think the last week took an immense toll on corn and beans,” said Worth. “They ripened way too fast with this kind of heat. I think they’re hurt a lot more than people realize. The whole summer was dry. The recent heat and wind was too much. This is our third year in a row of drought.”

“Most of what we hear from farmers on chopping isn’t very good,” he added. “It’s unreal to get three drought years in a row. We’ve got no moisture going into next year. We need a lot of fall rain. Thank goodness for federal crop insurance or a lot of us wouldn’t survive.”

South Central College Farm Business Management instructor Wayne Schoper said some of the corn may be used for silage or livestock feeders, if it’s got high moisture.

“I think we’re heading towards a decent harvest. Some beans got August rain, and could yield 50 bushels an acre or more,” said Schoper. “I think most corn will be 180 to 190 bushels, depending on when and how much rain it got.”

Schoper said new crop corn is about $4.60, compared to $6.50 last year, bringing $400 less on 200 bushel corn.

“Forward contracting may help. It’s going to be a break-even year for corn,” he added.

“Bean prices of $13 will make more than corn at current prices.

Starting at $4.38/week.

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