Blogging by the Bushel
With numerous challenges over the past several years for producers, we at Mercer Landmark understand the need for a comprehensive risk management solution. We seek to provide our customers with unparalleled service to ensure maximum results.
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I was reading a morning wire today that I received from an outside broker and found this to be very interesting. Thank you FC Stone.

I want to discuss the winter thus far. If you will recall, a few weeks back, I had indicated that December was record warm across the grain production areas, and January was a bit cooler than normal. Well…we are half way through February – and we are again running a bit above normal. This is increasing our odds of above normal temps this summer – which increases our odds of a sub-trend corn yield.

When we look at the previous 90 day window – which would stretch back into November a bit, we see that for the most part, all of the Midwest has been warm this winter.

We do have to be careful to not jump to conclusions – we are moving the odds, not creating certainty by any stretch. We have seen improvement in the drought monitor over the past 4 or 5 months – the drought is getting pushed to the west. Continue to monitor…

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