Consultant Leaves Corn, Soybean Crop Estimates Unchanged

August 21, 2012 10:00 AM
 

 

 

Crop consultant Dr. Michael Cordonnier has left his yield estimates of the U.S. corn and soybean crops unchanged from last week, but says he maintains a "slightly negative" bias toward the crops. He pegs the national average corn yield at 123.0 bu. per acre and the national soybean yield at 36.0 bu. per acre.

"Some of these pods might still fill if they continue to receive rainfall, but there is a strong possibility that there will be a greater number of pods than normal with less than three seeds per pod and the seed size will be smaller than average as well," says Dr. Cordonnier.

U.S. 2012 crop estimates

Est.
Maximum
Minimum
2011

in billion bushels

Corn
10.21
10.37
9.13
12.358
Soybeans
2.63
2.71
2.41
3.056

 


 

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