Today, Barchart released its November 2022 Yield and Production forecasts for US corn and soybeans, which forecasts yield above the USDA's most recent estimates.
Barchart's forecast for corn production is 14.7B bu with a yield of 177.8 (bu/ac). This compares to last month’s report of 14.7B bu of production and 177.9 (bu/ac) yield. Barchart’s November yield estimates for corn are 5.9 (bu/ac) above the USDA’s latest report.
Barchart's forecast for end-of-season yield for soybeans is 4.8B bu of production with a yield of 52.9 (bu/ac). This compares to last month's report of 4.8B bu of production and 53.0 bu/ac yield. Barchart’s November yield estimates for soybeans are 3.1 (bu/ac) above the USDA's most recent forecast.
Barchart’s Crop Production and Yield Forecasts allow users to identify areas of opportunity before traditional USDA reports are released. 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. Â
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.
More Grain News from Barchart
- Soybeans Continue Rally into Tuesday
- Wheat Seeing Marginal Turnaround Tuesday Action
- Corn Slightly Lower on Tuesday Morning
- Wheat Futures Gain 50 Cents on Russian Developments
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