Commodity Blog

Oct 6 2020

October Production and Yield Forecasts for Corn and Soybeans Now Available!

Wish you were more prepared for the upcoming WASDE report? Look no further, Barchart is here to help! Released for free to the public on the first Tuesday of each month during the growing season, and available to clients through daily updates, our Yield Forecasts allow users to get insights to guide their business decisions ahead of the USDA’s WASDE report.

We just announced our October cmdty Yield Forecast for end of season yield at 178.2 bu/ac for corn and 50.5 bu/ac for soybeans in the U.S. This represents a decrease in expected yield for corn, relative to the September 2 report, which predicted end of season yield at 178.4 bu/ac. End of season yield for soybeans remains the same at 50.5 bu/ac.

In addition to releasing our Yield Forecasts for free on the first Tuesday of each month during the growing season, we now also release our Crop Production Forecasts, which were announced today at 15,119M bu for corn and 4,190M bu for soybeans in the U.S.

In addition to crop production and yield forecasts, subscribers to cmdtyView Pro also have access to the latest proprietary data products offered through the cmdty product line. This includes newly released Basis Forecasts for corn and soybeans which cover over 850 counties, Crop Reporting Districts, and States across the U.S. All of these products combine to make cmdty the leader in commodity data. To learn more about any of our services drop us a line at cmdty@barchart.com or reach out here.

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