USDA's crop progress report for the week ended August 29 reported 59% of corn dented, in line with the 60% reported dented in the same week last year. The 5-year average for corn dented in this week was 55%.
USDA's crop progress report for the week ended August 22 reported 41% of corn dented, in line with the 41% reported dented in the same week last year. The 5-year average for corn dented in this week was 38%.
According to the most recent USDA crop progress report, some 79% of corn crops were reported silking as of the week ended July 25, in line with the 79% reported silking in the same week last year. The 5-year average for corn silking in the week was 73%.
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In this week's episode, we cover Titan Machinery's strong second quarter of fiscal year 2022, which saw revenues increase 24.4%. In the Technology Corner, Michaela Paukner shares a close look at 360 Yield Center's 360 RAIN autonomous irrigation system. Also in this episode, the Ag Economy Barometer shows farmer sentiment recovered slightly in August, Raven Industries' Senior Director of Global Sales Sarah Waltner shares some opportunities for the technology company after its acquisition by CNH Industrial closes. Finally, Ben Thorpe takes a look at the latest forecast for net cash farm income, which is estimated to be up 17% in 2021.