Commodity Blog

Jun 8 2022

Initial 2022 Production and Yield Forecasts for Corn and Soybeans Now Available!

Want to be better prepared for upcoming WASDE reports? You’re in luck! Barchart is here to help. We’re excited to release our initial 2022 Yield and Production forecasts for U.S. corn and soybeans..which indicates a decrease to USDA’s projected figures from the May WASDE report. 

Barchart’s initial forecasts for 2022 see end-of-season U.S. corn production at 14.2B bu with a yield of 174 bu/ac. This compares to the USDA’s 14.5B bu of production and 177 bu/ac yield. End-of-season U.S. soybean production is forecast at 4.4B bu with a yield of 49.5 bu/ac. This compares to the USDA’s 4.6B bu of production and 51.5 bu/ac yield.

Barchart’s Crop Production and Yield Forecasts provide users with decision-making support for crop marketing and ingredient purchasing ahead of traditional forecasts from the USDA.  Bi-weekly crop production forecasts are available to the public for free, while enterprise data and cmdtyView Pro clients have access to daily forecast updates.  

When combined with best-in-class cash grain pricing and localized basis forecasts, Barchart is able to provide clients with unparalleled ability to analyze commodity markets.

To learn more about Barchart’s Crop Production Forecasts or to receive API access, please visit our website.  To request access to cmdtyView Pro, the leading commodity trading platform, please click here.

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