Drought continued to drag down yields on the tour's second day, which ended with an overall estimate of 35.7 bpa, down from 46.5 bpa last year.
Cooler weather and more rain returned to Brent and Lisa Judisch's area of east-central Iowa this past weekend, providing relief to heat-stressed corn. Meanwhile, temperatures in the hundreds in northeast Oklahoma are pushing Zack Rendel's corn to a likely earlier-than-normal harvest.
What DTN Is Watching
Thursday morning will see the release of the latest U.S. Drought Monitor map (through Tuesday, July 25) and weekly export sales and shipment numbers (for the week ending Thursday, July 20). Both should provide background only for recent action in the grain and oilseed complex. Financial markets have weekly jobless claims (through July 22) as well as a number of June numbers including durable goods orders.Weather
Moderate to locally heavy rain is in store for the eastern and southern Midwest Thursday, with light rain for portions of the Southern Plains, and dry conditions elsewhere. Temperatures will be seasonal in central crop areas and hot in northern and southern areas. Crop conditions have improved short-term in the western Corn Belt after rainfall this week.