The latest report reveals a slight decrease in US corn production. End-of-season corn production is now projected to reach 14,975 million bushels, with a yield of 177.76 bushels per acre. Comparatively, the previous estimate was 14,988 million bushels with a yield of 177.92 bushels per acre. It may seem like a minor adjustment, but in the world of crop production, even the smallest changes can have a big impact.
But that's not all! The latest report also provided insights into the soybean scene. The report indicates that end-of-season US soybean production is expected to be 4,376 million bushels, accompanied by a yield of 50.59 bushels per acre. In the previous estimate, the figures stood at 4,380 million bushels and 50.64 bushels per acre, respectively.
Now, you might be wondering how you can dive deeper into Barchart's Crop Production Forecasts. To learn more about Barchart’s Crop Production Forecasts or to receive API access visit our website. To request a trial to cmdtyView Pro, our leading commodity trading platform, please click here.
Hold on tight, because there's even more excitement on the horizon! We invite you to join us at Barchart's 3-day Grain Merchandising and Technology Conference in Downtown Nashville this September, which will feature product demos, panel discussions, industry awards, a charity golf outing, and many networking opportunities. Visit our event website to learn more.
