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Midwest crop tour: Ohio, South Dakota soybean pod count seen below last year's estimates

New Delhi — On day 1 of the Pro Farmer Midwest Crop Tour that started Monday, soybean pod count in Ohio and South Dakota were found below last year's average, according to a report by S&P Global Platts Analytics.

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As per the report, pod counts in 3x3 square in seven districts of Ohio were estimated at 764.01, down 39% year on year.

"In the eight stops we made in Ohio, pod counts were anywhere from 700 to 1,400 with most in the 700-800 range," Pete Meyer, senior adviser, Agriculture Commodities at Platts Analytics, said in the report.

In South Dakota, the pod count in 3x3 square in nine districts was seen to be at 832.85, down 19% year on year.

The report also mentions "incredible amount of Prevent Plant fields."

"It was difficult to find a corn and soybean field in the same stop due to so much prevent plant," Meyer said. "The 'shocker' was the incredibly low number of pod counts both on our route and elsewhere."

According to the report, crop conditions improved as the scouts reached Nebraska. "Soybean had a 1,167.62 pod count average," it said.

Both corn and soybean conditions were very consistent in Nebraska, the report added. Soybeans looked like they needed considerably more time to finish than last year in both Nebraska and South Dakota, it said.

Maturity of the South Dakota crop looked to be a bit concerning as it needs more than 60 days to mature, the report said. The Nebraska crop was farther along and looks to be ahead of any frost concerns, it added.

The rest of Nebraska will be covered on Tuesday, and the final numbers will be released. Pod count numbers for Indiana will also be released in Tuesday's report.

In its monthly World Agricultural Supply and Demand Estimates report for August, the USDA estimated the yield for 2019-2020 (September-August) US soybean to be 48.5 bu/acre, down 6% year on year. The market expectation for US soybean yield was at 47.6 bu/acre.

Soybean harvest in the US is likely to be delayed by two-three weeks, on an average, due to historic delays in plantings on the back of unfavorably wet spring weather.

(Corrects headline and pod count comparison in first, second and fourth paragraph)

--Asim Anand, aanand@spglobal.com

--Edited by Manish Parashar, manishparashar@spglobal.com