Aug 3 2021

August Production and Yield Forecasts for U.S. and Canadian Crops Now Available!

We’re excited to announce that we’ve released our August 2021 Yield and Production forecasts for U.S. and Canadian field crops! 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 Crop Production and Yield Forecasts allow users to make crop marketing decisions ahead of traditional government reports and understand the complete supply-side picture of North American grain.

These forecasts are used by Ag Lenders, Commodity Traders, and Grain Marketers to make better lending, pricing, and hedging decisions every day, that’s why we are constantly trying to add to our offering. Most recently, we expanded the coverage of our Yield Forecasts with the integration of U.S. Hard Red Winter Wheat! These new forecasts sit alongside our U.S. Corn and Soybean yield forecasts and are available at the National, State (OK and KS), District, and County levels.

Check out our increased U.S. Production Forecast and Decreased Canadian Outlook:

  • U.S. Corn Production - Forecast at 15.0B bu with a yield of 180.3 bu/ac. This compares to the USDA’s 15.1B bu of production and 179.5 bu/ac yield.
  • U.S. Soybean Production - Forecast at 4.4B bu with a yield of 51.0 bu/ac. This compares to the USDA’s 4.4B bu of production and 50.8 bu/ac yield.
  • U.S. Hard Red Winter Wheat Yield - Forecast at 45.5 bu/ac. This compares to the USDA’s yield forecast of 53.6 bu/ac (includes all winter wheat varieties).
  • Canadian Spring Wheat Production - Forecast at 816.0M bu with a yield of 50.6 bu/ac. This compares to the AAFC’s 920.8M bu of production and 53.5 bu/ac yield (includes spring wheat and winter wheat, excludes durum wheat).
  • Canadian Soybean Production - Forecast at 225.2M bu with a yield of 42.6 bu/ac. This compares to the AAFC’s 228.9M bu of production and 42.8 bu/ac yield.

To unlock access to Barchart’s insights on crop production and yield you can sign-up for our free U.S. Crop Production Report and Canadian Crop Production Report, access daily updates by subscribing to cmdtyView Pro, or use our enterprise-grade APIs.

Crop production forecasts from Barchart help users stay ahead of the curve throughout the 2021 growing season. We will continue to increase access to our crop production and yield forecasts and look forward to expanding into additional markets, including South America, later this year! Sign up to receive product updates here so you never miss a beat.