Create a free Feed & Grain account to continue reading

Farmers Assess Storm Damage

Monday's storm may have reduced national yield by 2.5 to 4.5 bushels/acre

Photo: cottonbro via Pexels
Photo: cottonbro via Pexels

U.S. corn futures were flat on Tuesday as traders and analysts predicted that farmers will harvest a large crop despite a damaging storm that tore across the Midwest on Monday, reports Reuters.

Farmers are assessing the damage to their corn from hurricane-force winds that flattened some fields in Iowa and Illinois.

About 200 million to 400 million bushels may have been destroyed, Arlan Suderman, chief commodities economist for broker StoneX, told Reuters. He estimated the storm reduced the national yield by 2.5 to 4.5 bushels per acre.

The farm sector may suffer an even bigger hit from damage to steel bins needed to store corn from the autumn harvest, Suderman said.

For the latest update on the storm damage and how it will impact harvest 2020 from Dr. Erin Bowers, a post-doctoral research associate in the Department of Agricultural and Biosystems Engineering at Iowa State, click below.

Page 1 of 361
Next Page