Food Business News - June 12, 2018 - 26

SOSLAND PUBLISHING COMPANY

MARKET INSIGHT

Weather forecast: Summer Corn Belt
outlook seen as promising
CONTINUED FROM PAGE 1

western Corn Belt to trend drier and
warmer with timely rainfall that will
support crops during the summer of
2018, with mild conditions and erratic
showers in the eastern Corn Belt. He sees
conditions this summer similar to those
of 1982 and 2000, based on an 18-year
weather cycle, with upper air flows so far
this year most like 1982.
"Average temperature anomalies for
all three years (1982, 2000 and 2018) are
cooler biased in the northern, eastern
and far western states and warm in the
southern Plains," Mr. Lerner said. "Rainfall is usually erratic and slightly anomalous with the west-central and southern
Plains driest relative to normal."
In its crop condition ratings as of June
3 (just the second of the season), the U.S.
Department of Agriculture rated corn in
the 18 major producing states at 78% good
to excellent, little changed from its initial
rating of 79% a week earlier but well
above 68% at the same time last year and
very high historically for the time of year,
although corn still wasn't fully emerged
in any of the 18 states. Corn as of June 3
was 97% planted (100% in Illinois and
Missouri, 99% in Iowa and Nebraska) and
was 86% emerged in the 18 states, slightly
ahead of 83% as the 2013-17 average.
Soybeans in the 18 major states were
87% planted as of June 3, well ahead of
75% as the five-year average, and were
68% emerged compared with 52% as the
average. The U.S.D.A.'s initial soybean
rating was 75% good to excellent, 21% fair
and 4% poor to very poor, compared with
last year's initial rating (which came out a
week later) at 66% good to excellent, 28%
fair and 6% poor to very poor.
Dryness across the U.S. Southwest
26

Food Business News

(including Texas, Oklahoma and Kansas)
remains a concern, as moisture conditions continued to deteriorate over the
winter when moisture typically is maintained or replenished. Drought has been
reflected in expected sharply lower winter wheat production across the southern

Initial corn
good-to-excellent
ratings
(18 major states)
2018
2017

79%
65%

2016

72%

2015

74%

2014
2013

76%
63%

2012
2011

72%
63%

2010
2009

67%
70%

Source: U.S. Department of Agriculture

Plains, although the stress on the crop
likely will result in much higher average
protein compared with the past couple
of years. Drought conditions have been
reflected in winter wheat good-to-excellent ratings of 16% in Kansas (49% poor
to very poor), 16% in Texas (58% poor to
very poor) and 11% good in Oklahoma
(63%) as of June 3. Winter wheat production in May was forecast down 19% from

a year ago in Kansas, down 37% in Texas
and down 47% in Oklahoma. Winter
wheat production estimates will be
updated in the June 12 U.S.D.A. Crop Production report. Winter wheat was 35%
harvested in Texas and 7% harvested in
Oklahoma as of June 3, with combines
expected to move through the states
quickly due to increased abandoned
acres from dry conditions. Harvest had
not yet begun in Kansas.
Speakers at the Purchasing Seminar
suggested winter wheat yields likely
would be better north of Interstate 70, but
protein levels likely would not be as high.
Mr. Lerner said that recent significant rainfall from subtropical storm
Alberto relieved dryness in the Southeast. Attendees at the Sosland Publishing Purchasing Seminar noted the wet
conditions were ill-timed for harvest.
Moisture conditions in the Upper
Midwest and Canadian Prairie spring
wheat regions also improved significantly due to recent rainfall, Mr. Lerner said.
"Canada's crop will not be stellar,
but it won't be a disaster either," he said.
Current conditions indicate the
formation of an El Niño weather pattern
later in the fall, which may contribute
to the expansion of dry conditions from
the Southwest into the western Corn
Belt. But the greater El Niño effect may
be across Southeast Asia and the Indian
subcontinent, he said, which may reduce
sugar cane and other crop production in
2019 and 2020. For the current season
through August, Mr. Lerner expects
a mostly normal monsoon season for
Southeast Asia and India. FBN
Ron Sterk
rsterk@sosland.com
June 12, 2018



Table of Contents for the Digital Edition of Food Business News - June 12, 2018

http://digital.foodbusinessnews.net/sosland/fbn/2019_05_14
http://digital.foodbusinessnews.net/sosland/fbn/2019_04_30
http://digital.foodbusinessnews.net/sosland/fbn/2019_04_16
http://digital.foodbusinessnews.net/sosland/fbn/2019_04_02
http://digital.foodbusinessnews.net/sosland/fbn/2019_03_19
http://digital.foodbusinessnews.net/sosland/fbn/2019_03_05
http://digital.foodbusinessnews.net/sosland/fbn/2019_02_19
http://digital.foodbusinessnews.net/sosland/fbn/2019_02_05
http://digital.foodbusinessnews.net/sosland/fbn/2019_01_22
http://digital.foodbusinessnews.net/sosland/fbn/2019_1_8
http://digital.foodbusinessnews.net/sosland/fbn/2018_12_25
http://digital.foodbusinessnews.net/sosland/fbn/2018_12_11
http://digital.foodbusinessnews.net/sosland/fbn/2018_11_27
http://digital.foodbusinessnews.net/sosland/fbn/2018_11_13
http://digital.foodbusinessnews.net/sosland/fbn/2018_10_30
http://digital.foodbusinessnews.net/sosland/fbn/2018_10_16
http://digital.foodbusinessnews.net/sosland/fbn/2018_10_02
http://digital.foodbusinessnews.net/sosland/fbn/2018_09_18
http://digital.foodbusinessnews.net/sosland/fbn/2018_09_04
http://digital.foodbusinessnews.net/sosland/fbn/2018_08_21
http://digital.foodbusinessnews.net/sosland/fbn/2018_08_07
http://digital.foodbusinessnews.net/sosland/fbn/2018_07_24
http://digital.foodbusinessnews.net/sosland/fbn/2018_07_10
http://digital.foodbusinessnews.net/sosland/fbn/2018_06_26
http://digital.foodbusinessnews.net/sosland/fbn/2018_06_12
http://digital.foodbusinessnews.net/sosland/fbn/2018_05_29
http://digital.foodbusinessnews.net/sosland/fbn/2018_05_15
http://digital.foodbusinessnews.net/sosland/fbn/2018_05_01
http://digital.foodbusinessnews.net/sosland/fbn/2018_04_17
http://digital.foodbusinessnews.net/sosland/fbn/fbn_2018_04_03
http://digital.foodbusinessnews.net/sosland/fbn/2018_03_20
http://www.nxtbook.com/sosland/fbn/2018_03_06
http://www.nxtbook.com/sosland/fbn/2018_02_20
http://www.nxtbook.com/sosland/fbn/2018_02_06
http://www.nxtbook.com/sosland/fbn/2018_01_23
http://www.nxtbook.com/sosland/fbn/2018_01_09
http://www.nxtbook.com/sosland/fbn/2017_12_26
http://www.nxtbook.com/sosland/fbn/2017_12_12
http://www.nxtbook.com/sosland/fbn/2017_11_28
http://www.nxtbook.com/sosland/fbn/2017_11_14
http://www.nxtbook.com/sosland/fbn/2017_10_31
http://www.nxtbook.com/sosland/fbn/2017_10_17
http://www.nxtbook.com/sosland/fbn/2017_10_03
http://www.nxtbook.com/sosland/fbn/2017_09_19
http://www.nxtbook.com/sosland/fbn/2017_09_05
http://www.nxtbook.com/sosland/fbn/2017_08_22
http://www.nxtbook.com/sosland/fbn/2017_08_08
http://www.nxtbook.com/sosland/fbn/2017_07_25
http://www.nxtbook.com/sosland/fbn/2017_07_11
http://www.nxtbook.com/sosland/fbn/2017_06_27
http://www.nxtbook.com/sosland/fbn/2017_06_13
http://www.nxtbook.com/sosland/fbn/2017_05_30
http://www.nxtbook.com/sosland/fbn/2017_05_16
http://www.nxtbook.com/sosland/fbn/2017_05_02
http://www.nxtbook.com/sosland/fbn/2017_04_18
http://www.nxtbook.com/sosland/fbn/2017_04_04
http://www.nxtbook.com/sosland/fbn/2017_03_21
http://www.nxtbook.com/sosland/fbn/2017_03_07
http://www.nxtbook.com/sosland/fbn/2017_02_21
http://www.nxtbook.com/sosland/fbn/2017_02_07
http://www.nxtbook.com/sosland/fbn/2017_01_24
http://www.nxtbook.com/sosland/fbn/2017_01_10
http://www.nxtbook.com/sosland/fbn/2016_12_27
http://www.nxtbook.com/sosland/fbn/2016_12_13
http://www.nxtbook.com/sosland/fbn/2016_11_29
http://www.nxtbook.com/sosland/fbn/2016_11_15
http://www.nxtbook.com/sosland/fbn/2016_11_01
http://www.nxtbook.com/sosland/fbn/2016_10_18
http://www.nxtbook.com/sosland/fbn/2016_10_04
http://www.nxtbook.com/sosland/fbn/2016_09_20
http://www.nxtbook.com/sosland/fbn/2016_09_06
http://www.nxtbook.com/sosland/fbn/2016_08_23
http://www.nxtbook.com/sosland/fbn/2016_08_09
http://www.nxtbook.com/sosland/fbn/2016_07_26
http://www.nxtbook.com/sosland/fbn/2016_07_12
http://www.nxtbook.com/sosland/fbn/2016_06_28
http://www.nxtbook.com/sosland/fbn/2016_06_14
http://www.nxtbook.com/sosland/fbn/2016_05_31
http://www.nxtbook.com/sosland/fbn/2016_05_17
http://www.nxtbook.com/sosland/fbn/2016_05_03
http://www.nxtbook.com/sosland/fbn/2016_04_19
http://www.nxtbook.com/sosland/fbn/2016_04_05
http://www.nxtbook.com/sosland/fbn/2016_03_22
http://www.nxtbook.com/sosland/fbn/2016_03_08
http://www.nxtbook.com/sosland/fbn/2016_02_23
http://www.nxtbook.com/sosland/fbn/2016_02_09
http://www.nxtbook.com/sosland/fbn/2016_01_26
http://www.nxtbook.com/sosland/fbn/2016_01_12
http://www.nxtbook.com/sosland/fbn/2015_12_29
http://www.nxtbook.com/sosland/fbn/2015_12_15
http://www.nxtbook.com/sosland/fbn/2015_12_01
http://www.nxtbook.com/sosland/fbn/2015_11_17
http://www.nxtbook.com/sosland/fbn/2015_11_03
http://www.nxtbook.com/sosland/fbn/2015_10_20
http://www.nxtbook.com/sosland/fbn/2015_10_06
http://www.nxtbook.com/sosland/fbn/2015_09_22
http://digital.foodbusinessnews.net/sosland/fbn/09_08_2015
http://www.nxtbook.com/sosland/fbn/2015_08_25
http://www.nxtbook.com/sosland/fbn/2015_08_11
http://www.nxtbook.com/sosland/fbn/2015_07_28
http://www.nxtbook.com/sosland/fbn/2015_07_14
http://www.nxtbook.com/sosland/fbn/2015_06_30
http://www.nxtbook.com/sosland/fbn/2015_06_16
http://www.nxtbook.com/sosland/fbn/2015_06_02
http://www.nxtbook.com/sosland/fbn/2015_05_19
http://www.nxtbook.com/sosland/fbn/2015_05_05
http://www.nxtbook.com/sosland/fbn/2015_04_21
http://www.nxtbook.com/sosland/fbn/2015_04_07
http://www.nxtbook.com/sosland/fbn/2015_03_24
http://www.nxtbook.com/sosland/fbn/2015_03_10
http://www.nxtbook.com/sosland/fbn/fbn/2015_02_24
http://www.nxtbook.com/sosland/fbn/2015_02_10
http://www.nxtbook.com/sosland/fbn/2015_01_27
http://www.nxtbook.com/sosland/fbn/2015_01_13
http://www.nxtbook.com/sosland/fbn/2014_12_30
http://www.nxtbook.com/sosland/fbn/2014_12_16
http://www.nxtbook.com/sosland/fbn/2014_12_02
http://www.nxtbook.com/sosland/fbn/2014_11_18
http://www.nxtbook.com/sosland/fbn/2014_11_04
http://www.nxtbook.com/sosland/fbn/2014_10_21
http://www.nxtbook.com/sosland/fbn/2014_10_07
http://www.nxtbook.com/sosland/fbn/2014_09_23
http://www.nxtbook.com/sosland/fbn/2014_09_09
http://www.nxtbook.com/sosland/fbn/2014_08_26
http://www.nxtbook.com/sosland/fbn/2014_08_12
http://www.nxtbook.com/sosland/fbn/2014_07_29
http://www.nxtbook.com/sosland/fbn/2014_07_15
http://www.nxtbook.com/sosland/fbn/2014_07_01
http://www.nxtbook.com/sosland/fbn/2014_06_17
http://www.nxtbook.com/sosland/fbn/2014_06_03
http://www.nxtbook.com/sosland/fbn/2014_05_20
http://www.nxtbook.com/sosland/fbn/2014_05_06
http://www.nxtbook.com/sosland/fbn/2014_04_22
http://www.nxtbook.com/sosland/fbn/2014_04_08
http://www.nxtbook.com/sosland/fbn/2014_03_25
http://www.nxtbook.com/sosland/fbn/2014_03_11
http://www.nxtbook.com/sosland/fbn/2014_02_25
http://www.nxtbook.com/sosland/fbn/2014_02_11
http://www.nxtbook.com/sosland/fbn/2014_01_28
http://www.nxtbook.com/sosland/fbn/2014_01_14
http://www.nxtbook.com/sosland/fbn/2013_12_31
http://www.nxtbook.com/sosland/fbn/2013_12_17
http://www.nxtbook.com/sosland/fbn/2013_12_03
http://digital.foodbusinessnews.net/sosland/fbn/2013_11_19
http://digital.foodbusinessnews.net/sosland/fbn/2013_11_05
http://digital.foodbusinessnews.net/sosland/fbn/2013_10_22
http://digital.foodbusinessnews.net/sosland/fbn/2013_10_08
http://digital.foodbusinessnews.net/sosland/fbn/2013_09_24
http://digital.foodbusinessnews.net/sosland/fbn/2013_09_10
http://digital.foodbusinessnews.net/sosland/fbn/2013_08_27
http://digital.foodbusinessnews.net/sosland/fbn/2013_08_13
http://digital.foodbusinessnews.net/sosland/fbn/2013_07_30
http://www.nxtbook.com/sosland/fbn/2013_07_16
http://www.nxtbook.com/sosland/fbn/2013_07_02
http://www.nxtbook.com/sosland/fbn/2013_06_18
http://www.nxtbook.com/sosland/fbn/2013_06_04
http://www.nxtbook.com/sosland/fbn/2013_05_21
http://www.nxtbook.com/sosland/fbn/2013_05_07
http://www.nxtbook.com/sosland/fbn/2013_04_23
http://www.nxtbook.com/sosland/fbn/2013_04_09
http://www.nxtbook.com/sosland/fbn/2013_03_26
http://www.nxtbook.com/sosland/fbn/2013_03_12
http://www.nxtbook.com/sosland/fbn/2013_02_26
http://www.nxtbook.com/sosland/fbn/2013_02_12
http://www.nxtbook.com/sosland/fbn/2013_01_29
http://www.nxtbook.com/sosland/fbn/2013_01_15
http://www.nxtbook.com/sosland/fbn/2013_01_01
http://www.nxtbook.com/sosland/fbn/2012_12_18
http://www.nxtbook.com/sosland/fbn/2012_12_04
http://www.nxtbook.com/sosland/fbn/2012_11_20
http://www.nxtbook.com/sosland/fbn/2012_11_06
http://www.nxtbook.com/sosland/fbn/2012_10_23
http://www.nxtbook.com/sosland/fbn/2012_10_09
http://www.nxtbook.com/sosland/fbn/2012_09_25
http://www.nxtbook.com/sosland/fbn/2012_09_11
http://www.nxtbook.com/sosland/fbn/2012_08_28
http://www.nxtbook.com/sosland/fbn/2012_08_14
http://www.nxtbook.com/sosland/fbn/2012_07_31
http://www.nxtbook.com/sosland/fbn/2012_07_17
http://www.nxtbook.com/sosland/fbn/2012_07_03
http://www.nxtbook.com/sosland/fbn/2012_06_19
http://www.nxtbook.com/sosland/fbn/2012_06_05
http://www.nxtbook.com/sosland/fbn/2012_05_22
http://www.nxtbook.com/sosland/fbn/2012_05_08
http://www.nxtbook.com/sosland/fbn/2012_04_24
http://www.nxtbook.com/sosland/fbn/2012_04_10
http://www.nxtbook.com/sosland/fbn/2012_03_27
http://www.nxtbook.com/sosland/fbn/2012_03_13
http://www.nxtbook.com/sosland/fbn/2012_02_28
http://www.nxtbook.com/sosland/fbn/2012_02_14
http://www.nxtbook.com/sosland/fbn/2012_01_31
http://www.nxtbook.com/sosland/fbn/2012_01_17
http://www.nxtbook.com/sosland/fbn/2012_01_03
http://www.nxtbook.com/sosland/fbn/2011_12_20
http://www.nxtbook.com/sosland/fbn/2011_12_06
http://www.nxtbook.com/sosland/fbn/2011_11_22
http://www.nxtbook.com/sosland/fbn/2011_11_08
http://www.nxtbook.com/sosland/fbn/2011_10_25
http://www.nxtbook.com/sosland/fbn/2011_10_11
http://www.nxtbook.com/sosland/fbn/2011_09_27
http://www.nxtbook.com/sosland/fbn/2011_09_13
http://www.nxtbook.com/sosland/fbn/2011_08_30
http://www.nxtbook.com/sosland/fbn/2011_08_16
http://www.nxtbook.com/sosland/fbn/2011_08_02
http://www.nxtbook.com/sosland/fbn/2011_07_19
http://www.nxtbook.com/sosland/fbn/2011_07_05
http://www.nxtbook.com/sosland/fbn/2011_06_21
http://www.nxtbook.com/sosland/fbn/2011_06_07
http://www.nxtbook.com/sosland/fbn/2011_05_24
http://www.nxtbook.com/sosland/fbn/2011_05_10
http://www.nxtbook.com/sosland/fbn/2011_04_26
http://www.nxtbook.com/sosland/fbn/2011_04_12
http://www.nxtbook.com/sosland/fbn/2011_03_29
http://www.nxtbook.com/sosland/fbn/2011_03_15
http://www.nxtbook.com/sosland/fbn/2011_03_01
http://digital.foodbusinessnews.net/sosland/fbn/2011_02_15
http://digital.foodbusinessnews.net/sosland/fbn/2011_01_18
http://digital.foodbusinessnews.net/sosland/fbn/2011_01_04
http://digital.foodbusinessnews.net/sosland/fbn/2010_12_21
http://digital.foodbusinessnews.net/sosland/fbn/2010_12_07
http://digital.foodbusinessnews.net/sosland/fbn/2010_11_23
http://digital.foodbusinessnews.net/sosland/fbn/2010_11_09
http://digital.foodbusinessnews.net/sosland/fbn/2010_10_26
http://digital.foodbusinessnews.net/sosland/fbn/2010_10_12
http://digital.foodbusinessnews.net/sosland/fbn/2010_09_28
http://digital.foodbusinessnews.net/sosland/fbn/2010_09_14
http://digital.foodbusinessnews.net/sosland/fbn/2010_08_31
http://digital.foodbusinessnews.net/sosland/fbn/2010_08_17
http://digital.foodbusinessnews.net/sosland/fbn/2010_08_03
http://digital.foodbusinessnews.net/sosland/fbn/2010_07_20
http://digital.foodbusinessnews.net/sosland/fbn/2010_07_06
http://digital.foodbusinessnews.net/sosland/fbn/2010_06_22
http://digital.foodbusinessnews.net/sosland/fbn/2010_06_08
http://digital.foodbusinessnews.net/sosland/fbn/2010_05_25
http://digital.foodbusinessnews.net/sosland/fbn/2010_05_11
http://digital.foodbusinessnews.net/sosland/fbn/2010_04_27
http://digital.foodbusinessnews.net/sosland/fbn/2010_04_13
http://digital.foodbusinessnews.net/sosland/fbn/2010_03_30
http://digital.foodbusinessnews.net/sosland/fbn/2010_03_16
http://digital.foodbusinessnews.net/sosland/fbn/2010_03_02
http://digital.foodbusinessnews.net/sosland/fbn/2010_02_16
http://digital.foodbusinessnews.net/sosland/fbn/2010_02_02
http://digital.foodbusinessnews.net/sosland/fbn/2010_01_19
http://digital.foodbusinessnews.net/sosland/fbn/2010_01_05
http://digital.foodbusinessnews.net/sosland/fbn/2009_12_22
http://digital.foodbusinessnews.net/sosland/fbn/2009_12_08
http://digital.foodbusinessnews.net/sosland/fbn/2009_11_24
http://digital.foodbusinessnews.net/sosland/fbn/2009_11_10
http://digital.foodbusinessnews.net/sosland/fbn/2009_10_27
http://digital.foodbusinessnews.net/sosland/fbn/2009_10_13
http://digital.foodbusinessnews.net/sosland/fbn/2009_09_29
http://digital.foodbusinessnews.net/sosland/fbn/2009_09_15
http://digital.foodbusinessnews.net/sosland/fbn/2009_08_18
http://digital.foodbusinessnews.net/sosland/fbn/2009_08_04
http://digital.foodbusinessnews.net/sosland/fbn/2009_07_21
http://digital.foodbusinessnews.net/sosland/fbn/2009_07_07
http://digital.foodbusinessnews.net/sosland/fbn/2009_06_23
http://digital.foodbusinessnews.net/sosland/fbn/2009_06_09
http://digital.foodbusinessnews.net/sosland/fbn/2009_05_26
http://digital.foodbusinessnews.net/sosland/fbn/2009_05_12
http://digital.foodbusinessnews.net/sosland/fbn/2009_04_28
http://digital.foodbusinessnews.net/sosland/fbn/2009_04_14
http://digital.foodbusinessnews.net/sosland/fbn/2009_03_31
http://digital.foodbusinessnews.net/sosland/fbn/2009_03_17
http://digital.foodbusinessnews.net/sosland/fbn/2009_03_03
http://digital.foodbusinessnews.net/sosland/fbn/2009_02_17
http://digital.foodbusinessnews.net/sosland/fbn/2009_02_03
http://digital.foodbusinessnews.net/sosland/fbn/2009_01_20
http://digital.foodbusinessnews.net/sosland/fbn/2009_01_06
http://digital.foodbusinessnews.net/sosland/fbn/2008_12_23
http://digital.foodbusinessnews.net/sosland/fbn/2008_12_09
http://digital.foodbusinessnews.net/sosland/fbn/2008_11_25
http://digital.foodbusinessnews.net/sosland/fbn/2008_11_11
http://digital.foodbusinessnews.net/sosland/fbn/2008_10_28
http://digital.foodbusinessnews.net/sosland/fbn/2008_10_14
http://digital.foodbusinessnews.net/sosland/fbn/2008_09_30
http://digital.foodbusinessnews.net/sosland/fbn/2008_09_16
http://digital.foodbusinessnews.net/sosland/fbn/2008_09_02
http://digital.foodbusinessnews.net/sosland/fbn/2008_08_19
http://digital.foodbusinessnews.net/sosland/fbn/2008_08_05
http://digital.foodbusinessnews.net/sosland/fbn/2008_07_22
http://digital.foodbusinessnews.net/sosland/fbn/2008_07_08
http://digital.foodbusinessnews.net/sosland/fbn/2008_06_24
http://digital.foodbusinessnews.net/sosland/fbn/2008_06_10
http://digital.foodbusinessnews.net/sosland/fbn/2008_05_27
http://digital.foodbusinessnews.net/sosland/fbn/2008_05_13
http://digital.foodbusinessnews.net/sosland/fbn/2008_04_29
http://digital.foodbusinessnews.net/sosland/fbn/2008_04_15
http://digital.foodbusinessnews.net/sosland/fbn/2008_03_18
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