Errol’s Commodity Wire

Errol’s Commodity Wire

HEADS-UP! USDA Crop Report Reaction - - - - - - - CORN, SOYBEANS, CANOLA - - - - -

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Errol Anderson
Aug 13, 2024
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USDA Crop Production Report Highlights

Subscribers note: USDA is now projecting record U.S. corn and soybean yields and record breaking production this fall.

Corn production is now pegged at 15.15 billion bu with an average yield seen exceeding 183 bu per acre. Last year, the U.S. corn yield averaged around 177 bu per acre, a near 6 bu per acre increase.

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