Main Street Data is now forecasting that 1.9M acres of harvested corn will be lost to this historic 2019 flood year (compared to the July projections). Our Progressive WeatherYield product uses satellite images, artificial intelligence, and machine learning to determine harvested corn and soybean acres currently projected to be lost due to wet conditions and delayed planting.

MAIN STREET DATA GAUGES THE PROFOUND IMPACT OF HISTORIC FLOODING ON US HARVESTED CORN.

Using sophisticated ag tech, Main Street Data scientists can focus on the acres of harvested corn by county, as shown below. The effects of flooding and late planting in Fremont County, Iowa, are shown – both in an actual June photograph and in August 18 satellite imagery. This data reveals over 10,000 acres lost due to flooding and late planting. (After flooding, beware of the early frost).

BETTER CORN HARVEST AND SOYBEAN HARVEST FORECASTING NEEDS MACRO AND MICRO VIEWS.

Below you can see the macro view of the same data affecting harvested corn acre projections. Substantial acres are lost to the saturated soil and the resulting loss of Nitrogen early in the growing season. Red areas indicate acres that are completely lost for the season.


PROJECTED HARVESTED CORN

MAIN STREET DATA: 81,650,000 ACRES

USDA WASDE: 82,017,000 ACRES


PROJECTED HARVESTED SOYBEANS

MAIN STREET DATA: 75,838,000 ACRES

USDA WASDE: 75,866,000 ACRES


The data above puts the total projected corn harvest at 367,000 acres lower than the August USDA WASDE figure. In addition, the soybean fields fared slightly better than corn, but Main Street Data projects total soybean acres 28,000 acres lower than the August USDA WASDE report.


More on our Progressive WeatherYield report and corn prices here >

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