Sizing Up Corn Yields

By Stewart Doan

© Copyright Agri-Pulse Communications, Inc.

The nation's corn crop may look good from the windshield but a closer inspection reveals a different picture.  

 Together we can feed the Bees

Doane Advisory Service analysts spent the last two weeks checking fields from Nebraska to Ohio. Senior Economist Marty Foreman says his team saw some potentially above-average yields in the western Corn Belt - just not enough of them… TRT :21 OUT - looks like.”

In the eastern Corn Belt states of Indiana and Ohio, where crops were planted late due to too much rain and are now thirsting for water… TRT :21 OUT - those areas.”

Foreman pegs the U.S. corn yield average at 157.5 bushels per acre - about a bushel less than USDA's July projection - and says if weather conditions don't improve the remainder of August, the average yield will likely fall below 155-bushels. 

USDA will issue its first survey-based yield estimates for corn and other spring-planted crops on Thursday.

Extra cut

Marty Foreman, senior economist at Doane Advisory Service, says CBOT corn futures appeared to be trading a 13.1 billion bushel U.S. crop heading into Thursday's USDA report… TRT : 37 OUT - production estimate down.”

The average trade guess on corn yields is 155 bushels per acre.


Terms of Use | Privacy Policy
blog comments powered by Disqus
 Most Popular