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Old 08-23-2019, 09:49 AM
Major Mjolnir Major Mjolnir is offline
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WASHINGTON, DC August 12, 2019
USDA Forecasts U.S. Corn and Soybean Production Down from 2018

"Soybean production is down 19 percent from 2018, forecast at 3.68 billion bushels; corn growers are expected to decrease their production 4 percent from last year, forecast at 13.9 billion bushels. ...Average corn yield is forecast at 169.5 bushels per acre, down 6.9 bushels from last year."

"Wheat production is forecast at 1.98 billion bushels, up 5 percent from 2018. Growers are expected to produce 1.33 billion bushels of winter wheat this year, up 12 percent from last year. Durum wheat production is forecast at 57.3 million bushels, down 26 percent from last year. All other spring wheat production is forecast at 597 million bushels, down 4 percent from 2018. Based on August 1 conditions, the U.S. all wheat yield is forecast at 51.6 bushels per acre, up 4.0 bushels from last year."
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