As of Tuesday, Sept. 9th, the drought monitor report indicates no change except the little bit of increased in North Central and Northeast Kansas. The six to 10-day outlook (Sept. 16 to 20) indicates a 60 to 80% chance of likely above normal for temperatures and a 40 to 50% chance of leaning above normal for precipitation. The eight to 14-day outlook (Sept. 18 to 24) indicates a 40 to 50% chance of leaning above normal for temperatures and a 33 to 50% chance of leaning above normal for precipitation. Temperatures will help fall crops head to harvest but it’s not great for winter wheat establishment. However, wheat will benefit from rain.

Last week, we briefly discussed the four principles of perfect competition: numerous buyers and sellers, homogenous products, freedom of entry and exit,

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