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While the USDA will release its most current numbers on Friday Aug 12, we have provided you with a recap of private estimates regarding crop size. As you may know, as we get closer to Harvest, the USDA numbers will provide the market with valuable information as we move toward the fall. Weather during the next 30 days will be crucial to determining final yield counts in corn and overall soybean production.
USDA (July 12, 2016)
Corn Yield: 168 bpa Soybean Yield: 46.7 bpa
Corn Production: 14.540 bln bu Soybean Production: 3.880 bln bu
FC Stone
Corn Yield: 175 bpa Soybean Yield: 48.0 bpa
Corn Production: 15.146 bln bu Soybean Production: 4.054 bln bu
Informa
Corn Yield: 169.8 bpa Soybean Yield: 47.7 bpa
Corn Production: 14.694 bln bu Soybean Production: 3.958 bln bu
Linn Group
Corn Yield: 171.4 bpa Soybean Yield: 48.6 bpa
Corn Production: 14.775 bln bu Soybean Production: 4.073 bln bu