Slight dip in the condition of field crops

Around 90 percent of the U.S. corn crop had made it through pollination as of Aug. 7, although Iowa was still behind average at 83 percent vs. 92 percent for the five-year. July’s hot, dry weather hurt crop condition in some regions, with 16 [...]

Moderate to extreme drought for 44 percent of contiguous U.S.

NOAA reported that 37 percent of the contiguous U.S. was under conditions of severe to extreme drought in July (Palmer Drought Index), about unchanged from the previous month. Some 44 percent of the country falls under moderate to extreme drought conditions. The southwest is [...]

Summer heat puts a crimp in the natural gas supply build

Last week’s surprisingly strong 120 bcf per day weekly EIA build number gave way to a more modest 65 bcf, about half the prior week’s level. Hotter summer temperatures are settling in across the country for July with summer in full swing. Although stocks [...]

Crop tour 2020: Day 2, western Nebraska, Iowa, Illinois, & western Indiana

Day 2 of the crop tour was a ten-hour drive from Lincoln, NE to Indianapolis, IN (see map below). Driving out of Nebraska and into Iowa, corn and soybean crops looked noticeably more mature, I would estimate one to two weeks ahead of Nebraska [...]

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