According to USDA, “For the 2012-13 marketing year, total corn supplies were forecast in the Oct. 11 World Agricultural Supply And Demand Estimates (WASDE) report at 11.8 billion bu.
Season-average corn prices for the 2012-13 marketing year are forecast to fall within a range of $7.10-$8.50/bu., up from $6.20-$6.30 for 2011-12.
Ending stocks for 2012-13 were reduced in the Oct. 11 WASDE to a projected 619 million bu., the lowest since 1995-96, when ending stocks were 426 million bu.
Some fields in my area yielded up to 120 bu./acre, and 10 miles away, corn was yielding 10-20 bu./acre due to the drought.
Due to the drought, nitrate toxicity is an issue this growing season. Before cutting silage or feeding forages to livestock, test for nitrates.
Everything is automated -- the combine practically drives itself!
The dry fall weather made getting the field work done a lot easier.
The sun sets on a beautiful day of combining corn. It's hard to believe harvest is already complete, and it's not even November yet.