Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Business

Crop tour projects record 2025 U.S. corn harvest, but disease could hit yields

by August 23, 2025
August 23, 2025
Crop tour projects record 2025 U.S. corn harvest, but disease could hit yields

ROCHESTER, Minnesota, Aug 22 (Reuters) – U.S. farmers will harvest a record corn crop in 2025 after ideal weather across much of the Midwest this summer, but the bounty will fall short of the U.S. government’s lofty outlook as pockets of plant disease and heat stress dented yields in spots across the farm belt, crop consultancy Pro Farmer said on Friday.

Growers are also expected to reap a bumper soybean crop, although dry conditions in parts of the eastern Midwest and pockets of disease pressure in Iowa may limit yield potential, Pro Farmer said after its annual four-day tour across seven top-producing states this week.

The United States is the world’s top corn exporter and No. 2 soybean exporter, and favorable weather in most of the main growing states supported crops but pushed futures prices to recent multi-year lows.

The warm and wet conditions that fueled crop growth also fostered fungal diseases such as tar spot, southern rust and northern blight in corn, and sudden death syndrome in soybeans.

“Each day we’ve noted the disease pressure in corn. Tar spot, southern rust more widespread than we’ve ever seen before. Those are going to be some real yield robbers,” said Lane Akre, Pro Farmer economist and one of the leaders of the tour’s eastern leg.

Pro Farmer projected 2025 U.S. corn production at a record 16.204 billion bushels, with an average yield of 182.7 bushels per acre, and soybean production at 4.246 billion bushels, with an average yield of 53.0 bpa.

The outlook is below the U.S. Department of Agriculture’s latest forecast for corn production at a record 16.742 billion bushels with yields averaging 188.8 bpa, and soybean production at 4.292 billion bushels with record average yields of 53.6 bpa.

Crop scouts on the Pro Farmer tour saw more disease-hit fields than normal across the Midwest farm belt this week, although it is not yet clear whether these diseases will blow up into significant yield loss.

At one stop in northwest Illinois, the corn field appeared healthy and green from the roadside, but 30 to 40 steps in, leaves were streaked with rust, leaving crop scouts covered in color. Overhead, bright yellow crop dusters banked low as they sprayed wide white plumes of fungicide.

Jake Guse, a Minnesota row crop farmer and crop scout on the eastern leg of the tour, said disease levels were the worst and most widespread that many crop scouts had ever seen on the tour.

“As we traveled across Indiana, we started seeing more (disease). In Illinois, started getting bad — and it was all over Iowa,” Guse said of three of the largest producing states.

However, crop scouts also found exceptional yield prospects that could help cushion any disease-related yield decline.

The strong production prospects may not be welcome news to farmers, who are facing a third straight year of declining corn prices due to excess supplies and only a modest improvement in soybean prices, according to USDA data.

Production costs remain high while trade tensions with key markets like China, the top soybean importer, have left demand uncertain.

While the USDA is forecasting that the nation’s farm economy will improve in 2025, that boost will largely come from a massive influx of federal funding the Trump administration plans to send to rural America, according to USDA data.

Corn and soybean futures on the Chicago Board of Trade firmed this week as reports from the crop tour suggested that recent USDA harvest forecasts may be too high.

The benchmark CBOT December corn contract CZ25 ended the week up 1.5%, its first weekly gain in a week in five weeks, while November soybeans SX25 also rose 1.5% and hit a one-month high.

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
FBI raid of John Bolton’s home reportedly linked to classified documents probe
next post
GOP senators push for Kamala Harris’ testimony as House Oversight eyes subpoena

You may also like

Goodbye to ‘bags fly free’ on Southwest Airlines,...

March 17, 2025

Jeff Bezos discloses plan to sell up to...

May 3, 2025

Hermès to hike U.S. prices for iconic bags...

April 18, 2025

Lego hits record revenue in first half of...

August 28, 2025

India’s 2nd-wealthiest person charged by U.S. in $250...

November 21, 2024

Sports executive charged with bid-rigging in Texas arena...

July 10, 2025

All major Las Vegas Strip casinos are now...

August 5, 2025

What AI bubble? Nvidia’s strong earnings signal there’s...

November 21, 2025

Amazon increases average pay for warehouse workers and...

September 19, 2024

Starbucks union votes to authorize strike ahead of...

December 18, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat

      April 7, 2026
    • Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support

      April 7, 2026
    • Midterm alarm bells: Democrats face steep favorability deficit despite election gains

      April 7, 2026
    • Democrat whose parents fled Iran moves to oust Hegseth

      April 7, 2026
    • American journalist kidnapped in Iraq is set free, must leave country ‘immediately,’ her employer says

      April 7, 2026
    • What falling wage growth says about where the U.S. economy is heading

      April 7, 2026

    Categories

    • Business (891)
    • Investing (661)
    • Politics (8,051)
    • World News (3,213)

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2026 whalelargecapital.com | All Rights Reserved