Soybean Soil Moisture Running Down, Rainfall Needed

August 19, 2011

The USDA issued a low soybean yield in the first official estimate of the new season.  The August report last week, reflecting August 1 conditions, indicated  a national yield of  41.4 bushel per acre and 5% below trend.

Since the beginning of the month,  drought conditions have worsened in soybeans.  Month-to-date rainfall has accumulated to only 1.68 inches,  as a weighted soy average,  and 70%  of normal... subscribers continue to full story...