Consultant Lowers Corn Yield, Leaves Bean Estimate Unchanged

July 31, 2012 10:00 AM
 

Crop consultant Dr. Michael Cordonnier says in addition to declining corn yields, this year's total production will be impacted by declining harvested acreage. As a result of the increased need for silage and the amount of abandonment, he lowered his harvested acreage estimate by 1 million to 83 million. Dr. Cordonnier lowered his corn yield estimate by 3 bu. per acre to 127 bu. per acre, which would result in a total corn crop of 10.54 billion bushels.

Meanwhile, he left his soybean yield unchanged from last week at 38 bu. per acre, but says if it doesn't receive timely moisture soon, the estimate will decline. He left his acreage estimates unchanged for a crop of 2.78 billion bushels.

U.S. 2012 crop estimates

Est.
Maximum
Minimum
2011

in billion bushels

Corn
10.54
11.2
9.13
12.358
Soybeans
2.78
2.85
2.41
3.056

 


 

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