Production down in USDA report

October 11, 2018

 

In USDA’s crop production report issued Thursday morning, corn and soybean production was down slightly.

 

Corn production is forecast at 14.8 billion bushels. Based on Oct. 1 conditions, yields are expected to average 180.7 bushels per acre, down from the September forecast but up 4.1 bushels from 2017. This would be the highest yield and second highest production on record for the U.S.

 

Soybean production is expected to reach a record 4.69 billion bushels, down slightly from September but up 6 percent from last year. Based on Oct. 1 conditions, yields are expected to average a record 53.1 bushels per acre, up 0.3 bushel from last month.

 

After the report was issued, corn was up 6.5, soybeans up 5.5 and wheat was 5.75 higher.

 

Please reload

Featured Posts
Recent Posts

November 12, 2019

November 8, 2019

Please reload

Search By Tags
Follow Us
  • Facebook Classic
  • Twitter Classic
  • Google Classic
  • Twitter Metallic
  • Facebook Metallic
  • YouTube Metallic

Twitter

Follow us

Facebook

Become a Fan

YouTube

Subscribe

© 2019 by Casson Media