Consultant Lowers Corn and Soybean Crop Pegs

August 27, 2013 10:00 AM
 

 

 

Crop consultant Dr. Michael Cordonnier has lowered his corn and soybean crop estimates due to stressful weather conditions. He has trimmed his corn yield estimate by 2 bu. per acre to 152 bu. and has trimmed 1 bu. per acre from his soybean yield estimate to 41 bushels. He says he now has a negative bias toward the crops, with more downward risk to yields.

Cordonnier 2013 estimates
Est.
Maximum
Minimum
2012
in billion bushels
Corn
13.40
13.84
12.78
10.78
Soybeans
3.13
3.28
2.90
3.01

 


 

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