Latest / Professional Ag Marketing Podcast / Day 4 of the 2026 Crop Tour (Illinois, Indiana, Iowa) with Indiana and Illinois Estimates

Transcript

Day 4 of the 2026 Crop Tour (Illinois, Indiana, Iowa) with Indiana and Illinois Estimates · Professional Ag Marketing Podcast

• 0:03
  SPEAKER_00: You're locked in to the Grain Market Talk Podcast.
• 0:06
  SPEAKER_00: Fast updates, market movers, and the grain news you need right now.
• 0:12
  SPEAKER_00: Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors.
• 0:20
  SPEAKER_01: This year's crop tour is sponsored by Green Key Egg, a plant nutrition company that takes your fields to their max potential.
• 0:27
  SPEAKER_01: Please contact Noah at 712-441-5446.
• 0:32
  SPEAKER_01: All right, today is August 6th.
• 0:35
  SPEAKER_01: We're gonna recap day four of the Crop Tour today.
• 0:39
  SPEAKER_01: Thank you for joining me.
• 0:40
  SPEAKER_01: I've got Jaden House Log with us today.
• 0:42
  SPEAKER_01: How's it going, Jaden?
• 0:44
  SPEAKER_02: It's going good, Mike.
• 0:45
  SPEAKER_02: How about yourself?
• 0:46
  SPEAKER_01: Oh, pretty good.
• 0:47
  SPEAKER_01: Pretty good.
• 0:48
  SPEAKER_01: Let's talk about your day four travels.
• 0:50
  SPEAKER_01: You kind of worked through Indiana, Illinois, on the top side of the states into Iowa, there in the eastern side last night.
• 0:57
  SPEAKER_01: Just tell me a little bit about your day four route to get started before we give some final yield estimates on Indiana and Illinois.
• 1:06
  SPEAKER_02: Yeah, Mike.
• 1:07
  SPEAKER_02: So as we worked west there, back home to Laverne, where our home base is our home office there.
• 1:12
  SPEAKER_02: So kind of the same story, I'd say, um, from day three into day four, actually, kind of the same story.
• 1:20
  SPEAKER_02: So as we worked in the northern part of the ice states, um, continue to see drown out spots, continue to, you know, those low spots are really showing um yellowing of corn.
• 1:30
  SPEAKER_02: And a lot of the farmers we we did talk to, um that they said their corn just didn't look good early on, um, and that reflected in a lot of the samples we pulled.
• 1:40
  SPEAKER_02: And if if Kate shows that aerial tour we did in in June there, um that was the end of June there, and this is McLean County, so this is the highest producing county um production-wise in Illinois and in the United States.
• 1:53
  SPEAKER_02: So you can see there the standing water, uh, to me, that's just gonna have an everlasting impact on yield.
• 1:59
  SPEAKER_02: So we're gonna at the end here, what we'll say are final yields, but it's definitely gonna take some bushels off here.
• 2:05
  SPEAKER_02: Um, soybeans overall, I thought looks pretty good, but kind of the same, same story from what we notice in Indiana and Illinois.
• 2:13
  SPEAKER_02: They're just just too wet, and a lot of the ground that's farmed in the part of the states is um is just flat.
• 2:20
  SPEAKER_02: So there's really nowhere for the water to go.
• 2:22
  SPEAKER_02: And you know, a lot of the farms being received, you know, close to double the amount of rainfall they normally receive on again in years.
• 2:29
  SPEAKER_02: So that that's kind of what we want in those two states.
• 2:34
  SPEAKER_01: Interesting.
• 2:35
  SPEAKER_01: So as you worked through there, you could see that aerial tour from Cade really sums it up.
• 2:39
  SPEAKER_01: That's June 26th.
• 2:41
  SPEAKER_01: You can see the excess standing water there.
• 2:43
  SPEAKER_01: It was just too wet early on in the season for a lot of Indiana, Illinois, and a little bit of Ohio there.
• 2:50
  SPEAKER_01: Uh planting got delayed a little bit in some cases.
• 2:54
  SPEAKER_01: Um, but they were a very, very wet start to the year.
• 2:57
  SPEAKER_01: And then in July it started to get dry.
• 2:59
  SPEAKER_01: And when you combine those two things, sometimes that can be a little detrimental uh to how the crop looks.
• 3:05
  SPEAKER_01: You get a little shallow root, they don't dig as deep, and then uh when you start getting wet feet, especially in the soybeans, things like that later on, um, it can be a little difficult.
• 3:15
  SPEAKER_01: So uh we'll see.
• 3:17
  SPEAKER_01: They've been picking up a little bit of rain.
• 3:19
  SPEAKER_01: It was raining on you in western Illinois yesterday, correct?
• 3:23
  SPEAKER_02: Yep, my guys are first rainfall.
• 3:25
  SPEAKER_01: We gotcha.
• 3:27
  SPEAKER_01: Well, uh as I look at it, so Illinois, Indiana, rain makes grain, right?
• 3:32
  SPEAKER_01: And they started off pretty wet, then it turned a little dry.
• 3:34
  SPEAKER_01: Now we're getting a little bit more rain in that part of the world here as of late.
• 3:38
  SPEAKER_01: Not too much, but just a little bit.
• 3:40
  SPEAKER_01: Uh what do you gotta say for the samples you pulled out of those two states?
• 3:44
  SPEAKER_01: I I know from the aerial tour we saw one thing, condition-wise from the road, one thing.
• 3:49
  SPEAKER_01: What did it look like sample-wise ears in the field?
• 3:53
  SPEAKER_02: A customer stopped there.
• 3:54
  SPEAKER_02: I mean, the first thing he said, so they're coming off a record year uh last year, yield-wise, and first thing he says, we're not beaten last year.
• 4:01
  SPEAKER_02: I mean, he was quick to say that.
• 4:03
  SPEAKER_02: And the samples reflected down real skin years, not you know, 12-14 round, um, definitely reflected there, and um some emergence issues we noticed too.
• 4:13
  SPEAKER_02: So samples just not not quite as good as last year for sure.
• 4:17
  SPEAKER_02: And also, one thing to note, maturity was all over the board.
• 4:20
  SPEAKER_02: So, you know, we gotta remember these states, they got some some planting done there in April, and they had to take like a month break.
• 4:26
  SPEAKER_02: So I I think that can come to impact the crop as well.
• 4:30
  SPEAKER_01: So quite a bit of variability, they're a little bit behind ours maturity-wise.
• 4:35
  SPEAKER_01: Um a little bit too much rain at the beginning, started to dry down some.
• 4:40
  SPEAKER_01: So not not as good as last year, which last year was phenomenal for those states, correct, Jaden?
• 4:45
  SPEAKER_01: I mean, we were talking record yields out of that part of the world, weren't we?
• 4:50
  SPEAKER_02: Yeah, correct.
• 4:51
  SPEAKER_02: Indiana had a record last year at 204.
• 4:54
  SPEAKER_02: You know, Illinois was three below a record at 214.
• 4:57
  SPEAKER_02: So I think we're we're gonna have to put them below last year in both states.
• 5:00
  SPEAKER_02: So starting with Illinois, we're gonna put out a 209, so that's five under last year and eight under a record.
• 5:06
  SPEAKER_02: Indiana, we're gonna put out a 199, and that's five below last year, which which was a record.
• 5:12
  SPEAKER_01: All right.
• 5:13
  SPEAKER_01: Well, heard it here first, folks.
• 5:15
  SPEAKER_01: Uh, please continue to follow along on the tour.
• 5:18
  SPEAKER_01: We've got day five of the tour.
• 5:20
  SPEAKER_01: I'm gonna be headed out doing a northern tour today with a few other folks across the Dakotas and Minnesota.
• 5:26
  SPEAKER_01: So please tune into that as well.
• 5:28
  SPEAKER_01: We'll have a podcast later today or tomorrow on uh day five's findings with Jaden House Log, Lucas Peters, and myself.
• 5:36
  SPEAKER_01: Can't wait to uh to really go through some things with you folks.
• 5:40
  SPEAKER_01: If you want to continue to send in samples, go through our blogs on the website as well.
• 5:45
  SPEAKER_01: Send us what you got.
• 5:46
  SPEAKER_01: I really want to hear your opinion of how your crop looks and your part of the world.
• 5:51
  SPEAKER_01: Uh, more data, the better there.
• 5:53
  SPEAKER_01: So please click on the link in the description below.
• 5:55
  SPEAKER_01: Please hit the subscribe button on YouTube.
• 5:57
  SPEAKER_01: Jaden will catch you next time, and we'll have our final yield results out on Friday.