Iroquois County, IL
Local corn development is anywhere from the dent stage with the milk line 30% of the way down the kernel up to the few acres that have been harvested. The driest hand sample I had was 29% moisture while the local elevator reported that most hand samples are ranging from 25% to 30%. Most corn would be 30% and above.
Most soybean fields range from R7, or beginning maturity, up to R8, full maturity. Only a few fields of soybeans in the area have seen harvest activity over the past week. Harvest activity and crop development is ahead of 2009, but not by much.
After a big move down Thursday, the local closing bids for Sept. 22 were $6.34 for nearby corn, $5.44 for fall 2012 corn, $12.52 for nearby soybeans and $12.34 for fall 2012 soybeans.