Read the Story From The Combines Not USDA, Pro Farmer

When USDA released its September Crop Production and World Agricultural Supply and Demand Estimates (WASDE), corn and soybean prices saw red.

Harvesting and storing high-moisture corn can help producers get a jump on harvest; avoid drying costs; and put up a highly palatable, digestible, nutritious feedstuff.
Harvesting and storing high-moisture corn can help producers get a jump on harvest; avoid drying costs; and put up a highly palatable, digestible, nutritious feedstuff.
(Farm Journal)

When USDA released its September Crop Production and World Agricultural Supply and Demand Estimates (WASDE), corn and soybean prices saw red.

A 169.9 bushel per acre corn yield and 49.9 bushel per acre soybean yield left some farmers and market analysts scratching their heads wondering how USDA came up with that number.

Joe Vaclavik, president of Standard Grain, and Jim Bower, founder of Bower Trading, digest these numbers on U.S. Farm Report above.

AgWeb-Logo crop
Related Stories
Scott Varilek with Kooima Kooima Varilek says the market has seen sloppy trade and profit taking with news of the Santa Teresa port opening but it isn’t new news.
Craig Turner with StoneX says corn and soybeans are both consolidating waiting for the outcome of the U.S. China Summit and confirmation of yield from harvest results or USDA.
Starting small on less productive acres gave Whalen Farms room to learn — and eventually cut fertilizer costs across 2,000 acres.
Read Next
Matt and Janna Splitter grew their farm by investing in people. Now the test is whether the farm can run without them — and which acres are worth keeping.
Get News Daily
Get Market Alerts
Get News & Markets App