With so many questions about the 2019 crop, the farm division of John Stewart and Associates has completed a project to determine unharvestable corn acres and the health of the crop. The group flew airplanes from eastern Ohio to Fort Dodge, Iowa, covering more than 157,000 acres. High resolution photos were taken every 25 miles. With this project, www.agmarket.net forecasts U.S. harvested acres to be 79.6 million acres. That’s four million acres below the latest USDA number. While that data can be debated, hedging strategist Bill Biedermann said the maturity of this crop in the Eastern Cornbelt is a bigger issue. “In some areas, they’ll need to get into November without a frost,” said Biedermann. “They (the trade) have not realized the magnitude (of the problem). The aerial photos were taken just a few days ago. The photos and this report can be found online.
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