Consultant Lowers U.S. Corn, Soybean Crop Estimates

September 4, 2012 10:00 AM
 

Crop consultant Dr. Michael Cordonnier has once again lowered his estimates of the corn and soybean crops. Regarding corn, he says early harvest reports reflect drought stress during the growing season and are resulting in lighter test weights. As a result, he lowered his corn yield by 2 bu. per acre to 119 bu. per acre for a crop of 9.87 billion bushels.

Meanwhile, conditions were too hot in the western Belt last week for the soybean crop, forcing it to mature at an even faster rate. As a result, he has lowered his soybean yield estimate by 1 bu. per acre to 34.5 bu. per acre for a crop of 2.52 billion bushels.

U.S. 2012 crop estimates

Est.
Maximum
Minimum
2011

in billion bushels

Corn
9.87
10.20
9.37
12.358
Soybeans
2.52
2.63
2.49
3.056

 


 

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