Latest / Professional Ag Marketing Podcast / Day 1 of the 2026 Crop Tour Complete with Nebraska Estimates
Transcript
- 0:03SPEAKER_00: You're locked in to the Grain Market Talk Podcast.
- 0:06SPEAKER_00: Fast updates, market movers, and the grain news you need right now.
- 0:11SPEAKER_00: Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors.
- 0:20SPEAKER_01: Today is August 3rd.
- 0:22SPEAKER_01: I've got Jaden Halslog with me at uh Professional Egg Marketing year.
- 0:26SPEAKER_01: We help farmers manage marketing risk throughout much of the uh United States and Canada.
- 0:33SPEAKER_01: And today is a special day because we're gonna have a recap of our day one crop tour across the United States, a over 2,000 mile road trip where we try to narrow in on uh yield across the United States, uh customer fields where uh we gather their information versus normal and try to put together a little bit of a trend year over year over year.
- 0:54SPEAKER_01: This is my tenth year.
- 0:56SPEAKER_01: I did not go on the crop tour this year for the first time, but I am interviewing Jaden and four other folks who are on the crop tour as we speak.
- 1:03SPEAKER_01: So, Jaden, thank you for joining us.
- 1:06SPEAKER_02: Well, thanks for having me on my the crop tour is always the most fun time of the year.
- 1:12SPEAKER_01: That it is, it's a fantastic trip.
- 1:14SPEAKER_01: So I'm gonna have Cade pull up the route here uh where we travel across the United States, just showing uh where they've been, kind of where they will be going as well.
- 1:24SPEAKER_01: So yesterday was the first day of the crop tour, and they started there in Sioux Falls and worked their way south.
- 1:30SPEAKER_01: Uh, just tell me about some of your stops yesterday, Jaden, and some of the uh some of the things that you caught.
- 1:38SPEAKER_02: Yeah, so we started there in Laverne, where our home base office is, and we worked our way south into Sioux County there, visited a customer there.
- 1:46SPEAKER_02: And from what we picked up on Sioux County, you know, that's where all the high dollar land is, and we can kind of see why everything's pretty looking pretty dark green.
- 1:54SPEAKER_02: Um, the only complaint we really had was there was some widespread hail damage from earlier in the summer, so maybe that'll take a little bit off yield.
- 2:02SPEAKER_02: But overall, I'd say samples came in if not the same, if not better than last year.
- 2:08SPEAKER_02: So I would expect, you know, Sioux County had a record yield last year, and I don't know, um, see why they couldn't, you know, try for that again this year.
- 2:18SPEAKER_01: Very much so.
- 2:19SPEAKER_01: It's uh, you know, last year uh samples showed a little bit better yields than last year in Northwest Iowa there.
- 2:27SPEAKER_01: And uh I I know last year he had a fantastic uh yield in some of those fields through that area at least.
- 2:34SPEAKER_01: So I'm gonna be very curious to see how we're trending.
- 2:37SPEAKER_01: Been a little bit on the dry side.
- 2:38SPEAKER_01: We missed some rain in that part of the world here over the weekend, uh, last part of last week, uh, where we were really hoping to get some, but uh we'll see here as the crop finishes up and and soybeans really take hold here in the month of August as well.
- 2:52SPEAKER_01: So uh what about your next stop that you had uh going into in kind of northeast Nebraska?
- 2:58SPEAKER_02: Yeah, so as we traveled from Sioux County, Iowa, and uh northeast Nebraska into Cedar County there, as you can see on the drought map, some pretty excess drought there, D3 drought um compared to last year.
- 3:10SPEAKER_02: But they kind of had an inch of rain every week, so definitely saw it on the dry, dry land side of things, really showing some stress on some sandy hills.
- 3:18SPEAKER_02: I mean, basically some of the spots, the crop looks completely dead.
- 3:22SPEAKER_02: So we'll take some yield off there, but the samples we pulled weren't weren't awful, but definitely you know, 10% below last year, I'd say.
- 3:31SPEAKER_02: Um, the farmers we visited with, they definitely did say, you know, the rain they did receive last week did help perk things up, but they will need rain here going forward um to get to get any significant yield bumps here to finish out the summer.
- 3:47SPEAKER_01: Yeah, you pull up that drought map in northeast Nebraska, just not much you can do about it.
- 3:51SPEAKER_01: I mean, uh they started off the year pretty pretty dry there, and uh it's gonna be a struggle.
- 3:57SPEAKER_01: They did get some rain over the past week here, though, so it's helping them out a lot.
- 4:01SPEAKER_01: As you works, we're your way south towards uh York.
- 4:04SPEAKER_01: Uh, what did you come up with?
- 4:06SPEAKER_02: Yeah, as we got into York County, I'd say, you know, they've received actually above average rainfall so far this growing year, and it definitely showed in the crop conditions, you know.
- 4:15SPEAKER_02: Overall, pretty look good looking crop and samples came in pretty similar to last year, maybe a little below last year.
- 4:22SPEAKER_02: I would expect the southern half of the state is really gonna have to do some polling to get this Nebraska Nebraska state average up to make up for the northeast part of the region.
- 4:31SPEAKER_02: Overall, farmers in that area seem to be pretty optimistic about their crop, and yet they they do think they'll need some rainfall to you know get anywhere near last year for yield-wise here going forward.
- 4:44SPEAKER_01: You ended up uh just getting into basically eastern Nebraska, kind of western Iowa yesterday there.
- 4:51SPEAKER_01: Uh, what are your stops gonna look like today, Jaden?
- 4:54SPEAKER_02: Yeah, so we'll start here in Audubon, Iowa, and we'll make our way east and uh we'll make it barely into Illinois there.
- 5:02SPEAKER_02: So um we'll we'll travel, you know, Iowa, Illinois, next day, Indiana, Ohio, and then we'll travel through the northern part of the states, northern uh Illinois, Indiana, Iowa, and then back to home base to Laverne there on Thursday.
- 5:17SPEAKER_02: So it'll be exciting to see what kind of the crops looking like throughout the corn belt.
- 5:22SPEAKER_02: Kind of it's always good to see what our customers are thinking on their crops and too.
- 5:27SPEAKER_01: Always interesting.
- 5:28SPEAKER_01: I'm looking forward to uh your next couple stops here with customers in uh in Iowa and in Missouri.
- 5:34SPEAKER_01: There, you'll touch into to kind of northeast Missouri there too.
- 5:38SPEAKER_01: So thank you for joining us here today.
- 5:41SPEAKER_01: Please uh keep us updated.
- 5:43SPEAKER_01: Please keep going on Twitter.
- 5:44SPEAKER_01: But first, I want to hear what you are thinking on a Nebraska state yield.
- 5:50SPEAKER_02: Yeah, Mike.
- 5:51SPEAKER_02: So after a couple stops here, like you said, northeast part of the state, pretty dry, southern part of the state, not too bad.
- 5:57SPEAKER_02: Um, so Nebraska had a tied a record last year at a 194.
- 6:02SPEAKER_02: So we really think that's gonna be hard to achieve.
- 6:04SPEAKER_02: So we're gonna put them about nine bushels below last year, uh, around a 185.
- 6:09SPEAKER_02: Uh, we think that's appropriate.
- 6:11SPEAKER_02: And if you look over the last five years, they've been sticking around in that 180 range.
- 6:16SPEAKER_02: So we think they can achieve that with some you know adequate moisture here going forward.
- 6:21SPEAKER_01: It looks hard.
- 6:22SPEAKER_01: Uh, a lot of folks still have them above a 190 corn yield.
- 6:26SPEAKER_01: I struggle a little bit to keep them above that.
- 6:28SPEAKER_01: So I'm right with you.
- 6:30SPEAKER_01: A couple of years ago, so last year 194, year before 188, year before that 182.
- 6:36SPEAKER_01: I it's hard not to go in that mid-180s, I think, at this point at the highest.
- 6:41SPEAKER_01: So uh it'll be interesting to see how the crop finishes up.
- 6:44SPEAKER_01: It's Nebraska.
- 6:45SPEAKER_01: Uh, we got a lot of sand, so uh, you know, when we start to get dry there, obviously it's gonna be a little bit of a struggle to keep that thing anywhere near trend or uh or record yield.
- 6:56SPEAKER_01: So thank you for joining us.
- 6:58SPEAKER_01: Please continue to follow along on the crop tour on Twitter.
- 7:01SPEAKER_01: Uh Jaden will be uh updating us daily.
- 7:05SPEAKER_01: We'll have these podcasts coming out as well.
- 7:07SPEAKER_01: Please go to our website.
- 7:08SPEAKER_01: We've got full blog posts that you could follow as well there.
- 7:13SPEAKER_01: So uh please click the link on the description below.
- 7:16SPEAKER_01: Please click subscribe, and uh, we'll catch you tomorrow on the next version of the day two crop tour.
- 7:21SPEAKER_01: This year's crop tour is sponsored by Green Key Ag, a plant nutrition company that takes your fields to their max potential.
- 7:29SPEAKER_01: Please contact Noah at 712 441 5446.