![]() The director of the Midwestern Regional Climate Center at Purdue University says annual amounts of rainfall may stay the same, but wet, in fall or spring causes its own set of challenges.īeth Hall, Director, Midwestern Regional Climate Center at Purdue University: “So we need to really think about when is the timing of the drought critical, because we could have a dry month. ![]() However, the biggest spots of concern are in Kansas, Nebraska and Missouri where the largest areas of extreme and exceptional conditions have the tightest grip. Nationally, drought conditions actually decreased to 54.47. So many levels of drought throughout the season, could potentially be pretty detrimental to the to the corn crop around the state.” Indiana has deteriorated quickly from virtually no drought to D2 severity in just a month.ĭan Quinn, Purdue University Professor of Agronomy and Extension Corn Specialist: “Drought is so important, because it's going to impact corn, how much grain it's going to produce, how much biomass plant matter, it's going to produce. 2023 conditions have deteriorated earlier in the growing season than in 2012, when the biggest impact was felt in July. ![]() Nationally, 57 percent of the corn is experiencing drought, a twelve-point increase in a week and the highest since 2012 for this time period. Ninety-degree temperatures along with a lack of moisture is slowing the progression of the nation’s top corn producing state. This week the areas that grow the majority of America’s grain experienced a decline in growing conditions. The outbreak in the Texas Panhandle hits an area that up until recently was classified as the most severe form of drought.ĭry conditions remain in more than half of the country. Then there’s the Federal Reserve’s inaction - leaving the key benchmark rate unchanged, pausing for the first time in 15 months.Īn outbreak of severe weather late in the week came at a heavy price as deaths were reported in Texas and Florida. One step up in the chain - wholesale prices - dropped 0.3 percent - the third drop in four months.Īmerican shoppers were back in the stores last month as retail sales added 0.3 percent with stronger purchases of auto and parts dealers. The Consumer Price Index moved higher by 0.1 percent - extending the past year’s steady easing of inflation thanks to lower gas and smaller gains in grocery prices. If you say “show me the numbers” on inflation you may avoid debate but you will likely spark an entirely new argument of the direction of the economy. This is the Friday, June 16 edition of Market to Market, the Weekly Journal of Rural America. Information is available from a Grinnell Mutual agent today. ![]() For over 100 years, we've worked to help our customers be ready for tomorrow. Celebrating 60 years of innovation as a family owned and operated manufacturer of grain storage, drying and handling equipment out of Sheffield, Iowa. We're committed to creating what's next because at Pioneer, our name is our mission. ![]() It happens when researchers and farmers work together to solve tomorrow's agronomic challenges. And market analysis with Don Roose, next. Plus, the legacy left on the track - what’s next for greyhounds. The Farm Bill hearings shift to infrastructure. Coming up on Market to Market - The dry conditions expand and intensify across the Corn Belt. ![]()
0 Comments
Leave a Reply. |