Consultant Issues Initial 2013 U.S. Crop Estimates

May 28, 2013 10:00 AM
 

Crop consultant Dr. Michael Cordonnier has released his first 2013 U.S. corn and soybean crop estimates, with this reminder: "The maximum estimate is what I think could occur if we have an ideal growing season. The minimum estimate is what I think could occur if the crops only receive half the normal rainfall during the growing season. All these estimates will be adjusted on a weekly basis as we move through the growing season."

Dr. Cordonnier's corn estimate is based on expectations that 1 million acres will not be seeded to corn, but he says if rain delays continue into next week, as much as 2 to 3 million acres may not be planted. For soybeans, he expects two-thirds of the unplanted corn acres to be planted to soybeans. "Therefore, I am going to add 666,000 acres to the 77.126 million acres reported in the March Prospective Plantings Report for a total soybean planted acreage of 77.79 million acres," he says.

U.S. 2013 crop estimates

Est.
Maximum
Minimum
2012

in billion bushels

Corn
13.73
14.53
13.29
10.78
Soybeans
3.35
3.45
3.14
3.01

 


 

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