Consultant Leaves Crop Estimates Unchanged

August 13, 2013 10:00 AM
 

 

 

Crop consultant Dr. Michael Cordonnier has left his corn and soybean crop estimates unchanged from last week and says he has a neutral bias toward the crops. He pegs the corn yield at 154 bu. per acre for a crop of 13.58 billion bu. and the soybean yield at 42 bu. per acre for a crop of 3.22 billion bushels. Dr. Cordonnier says cooler-than-normal temps continue to slow the development of the U.S. corn and soybean crops, but longer-range forecast call for a warming trend in the U.S., accompanied by drier conditions. He says warmer temps would push along the crops, but a wetter scenario would be more favorable.

Cordonnier 2013 estimates
Est.
Maximum
Minimum
2012
in billion bushels
Corn
13.58
14.02
12.96
10.78
Soybeans
3.22
3.34
3.07
3.01

 


 

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