The low temperatures will likely hurt corn and soybean yields this year. Statewide, only 46 percent of corn is in good condition, while 43 percent of soybeans are in good condition.
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Most of Minnesota's corn and soybean crops continue to thrive, despite last week's torrential rain and destructive weather. The U.S. Department of Agriculture reports 83 percent of Minnesota corn is rated in good or excellent condition. As for soybeans, 74 percent of the acres are in good or excellent shape.
he overnight freeze hit before their major crops were fully mature -- in fact, the latest agricultural report says only about 10 percent of the state's corn and soybean crops were ready.
According to the USDA's first official assessment of the season, nearly 100 percent of the state's record 8.7 million acres of corn is now planted. As of Sunday, 81 percent of the soybean acres were also planted.
Minnesota farmers are taking advantage of the dry weather and getting an early start on the fall harvest. Combines started rolling through corn and soybean fields last week, the Pioneer Press reports. Despite the lack of rain, Minnesota escaped the disastrous drought conditions seen in much of the nation's heartland.
Even though production was down, Minnesota's corn crop was worth a best-ever $7 billion. The estimate from the U.S. Department of Agriculture tops the previous record the year before. The state's soybean crop was down 13 percent from 2010.
Record high prices for corn and soybeans have more Minnesotans looking to give farming a try. But the toughest part of getting started is finding an affordable piece of land. The demand for farmland is pushing up rents, which have risen more than 50 percent in five years.
Officials say this year's corn and soybean yields remain unchanged, despite the frost. But grains may be another story -- the full damage of the frost may not be known until after the fall harvest is complete.
Minnesota's cornfields will average 168 bushels an acre this year, according to the U.S. Department of Agriculture. The Pioneer Press reports this would be Minnesota's largest corn crop in state history and make the state the second largest corn producer in the country -- only trailing Iowa.
