(click on images to enlarge)
Today, May 9, 2011 USDA's "Crop Progress" report was released. The full report is at: http://usda.mannlib.cornell.edu/usda/current/CropProg/CropProg-05-09-2011.pdf
The two snips above show planting is progressing. However, the amount emerged is way behind average. The temperature has not been conducive to corn within the corn growing states. Additionally, there are reports of 900,000 acres under water.
Just what this will all mean when the harvest season comes is anyone's guess. A study on various prediction models (not for the corn crop) indicates people are not very good. So, what will come of dairy ration price is yet to be known.
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