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.
Aftera 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.