Highlights
ProFarmer Tour 2024 results for Illinois were up 5.4% year-on-year, topping the old tour high of 196.96 from 2014. USDA sees it up 9%.
Pod counts for soybeans were the tour's highest since 2000 and up nearly 12% the previous year. USDA has up 5%.
Three districts of Iowa show mostly strong potential in western Iowa. But NW corn yields were the tour's lowest since at least 2016, too much early rain.
Arlen Suderman, Chief Commodities Economist for StoneX, commented:
“Today's crop tour results look to be confirming a big crop, but not much to indicate that it's any more than what has already been priced into the market.”