Consultant Lowers Corn and Soybean Crop Productions

June 11, 2013 10:00 AM
 

Crop consultant Dr. Michael Cordonnier left his corn yield projection unchanged at 153 bu. per acre this week, but lowered his planted acreage estimate by another 1.5 million acres as he now expects 3 million intended corn acres to be either switched to another crop or left unplanted due to ongoing planting delays. He now sees planted corn acreage at 94.28 million acres for a crop of 13.26 billion bu., which assumes 86.7 million acres will be harvested for grain.

Meanwhile, Dr. Cordonnier says due to planting delays he has lowered his soybean yield projection by 1 bu. per acre from last week to 42.5 bu. per acre. He says he expects planted acreage of 77.87 million and harvested a 76.94 million for a crop of 3.26 billion bushels. But says he is less confident about soybeans picking up some corn acres due to the nature of this year's planting delays.

U.S. 2013 crop estimates

Est.
Maximum
Minimum
2012

in billion bushels

Corn
13.26
13.87
12.65
10.78
Soybeans
3.26
3.38
3.07
3.01

 


 

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