Analysts and crop experts also said further declines in condition ratings could be expected next week because weather is still stressful to each crop.
Commodity Weather Group on Tuesday said the driest areas in the Midwest for the next two weeks would include top corn and soy producing states Illinois and southern Iowa. Major crop producing states Kansas, Missouri and eastern Nebraska also would remain under pressure from the relentless drought.
The southwestern part of the Midwest will continue to be affected not only by dryness but by extreme heat, with highs of 100 F, CWG stated in a note to clients. Additionally, nearly two-thirds of the Delta would see expanding drought, causing losses to soybean, cotton and rice production.
(Reporting By Sam Nelson; Editing by John Picinich)
- Link this
- Share this
- Digg this
- Email
- Reprints
0 comments:
Post a Comment