The corn maturation rate continues to lag behind both last year’s progress (99%) and the 5 year average (97%) at just 86% as of Oct. 21, up 13% from the 73% reported last week. Wisconsin remains the most behind at 61% of their corn crop said to be mature.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.