ADVANCE TRADING MARKET OUTLOOK 5-2-17

In this week’s video, Brian Basting of Advance Trading dives deep into corn and soybean planting progress.  He also previews the weather forecast compared to areas that have been lagging behind in corn planting.  Finally he looks at what impact planting pace may or may not have on final yield.

Conditions    (Good + Excellent)
Winter Wheat Conditions G/E: 54% TW vs. 54% LW, 61% LY
Crop Progress Summary
Corn Planted 34% TW vs. 17% LW, 43% LY, 34% AVG
Corn Emerged 9% TW vs. 4% LW, 12% LY, 8% AVG
Soybean Planted 10% TW vs. 6% LW, 7% LY, 7% AVG
Milo Planted 27% TW vs. 24% LW, 23% LY, 26% AVG
Winter Wheat Headed 42% TW vs. 32% LW, 40% LY, 34% AVG
Spring Wheat Planted 31% TW vs. 22% LW, 52% LY, 46% AVG
Spring Wheat Emerged 9% TW vs. 5% LW, 20% LY, 17% AVG

 

https://youtu.be/oKTp786UqPo