Martinson Ag Risk Management President Randy Martinson had a one-word reaction to the Pro Farmer Crop Tour results. “Wow!” Yield estimates in major Midwestern states were drastically lower than the latest USDA forecasts. In the Agweek Market Wrap, Martinson told RRFN the corn yield was seven bushels per acre less than USDA estimates. “Even if it’s three bushels, that’s going to drop our production and our stocks.” For soybeans, the decline wasn’t as big, but added global demand could keep make soybean stocks tight.
