As the Vermilion County Farm Bureau gets ready for their Market Outlook Meeting this Wednesday morning (Aug 16th), the Bureau’s Tom Fricke says last Friday’s USDA Yield Report brought about both relief and hope. The USDA predicted Illinois will average 201 bushels per acre when harvesting corn, and 62 bushels per acre when harvesting soybeans. While that’s down, 13 and one bushels respectively from what happened in the 2022 harvest, it’s still well ahead of the USDA’s nationally predicted averages of 175 bushels for corn and 51 bushels for soybeans.
Tom Fricke says with all the rain we’ve had of late, the numbers could actually be better than predicted when the combines hit the fields. But more importantly, it is now safe to say, Illinois looks to be standing strong after making it through the drought.
Audio PlayerAUDIO: I would say everybody’s maybe even pleasantly relieved that we came through the dry period as well as we did. Now obviously there’s going to be some pockets; there’s going to be some places where the yields aren’t going to be as good. We are off last year’s yield numbers, but you’ve got to remember last year was a record high corn yield. And so, to be off that number is not the end of the world.
How the rain behaves the rest of the way will be a huge factor in 2023’s outcome. They’ll talk about that and much more at Wednesday (Aug 16th) morning’s meeting in the Vermilion County Farm Bureau Auditorium at 1905 Route 150 West in Danville. It’s open to all Farm Bureau members, with the meeting portion set to begin at 9 AM.
