Sources familiar with Informa Economics say the firm has raised its corn crop estimate to 11.194 billion bu. with a yield of 127 bu. per acre. It also says its “likely final” corn estimate is 11.147 billion bushels. In September, USDA pegged the crop at 10.727 billion bu., with a yield of 122.8 bu. per acre.
Informa also reportedly pegs the soybean crop at 2.86 billion bu., with a yield of 37.8 bu. per acre. In September, USDA pegged the crop at 2.634 billion bu. with a yield of 35.3 bu. per acre.
Informa’s all cotton crop estimate is reportedly at 17.617 million bales, with a yield of 810 bales per acre. In September, USDA pegged the crop at 17.11 million bales, with a yield of 786 bales per acre.
