Industry sees U.S. corn production up, soybean down

Ahead of Monday’s July WASDE, the industry is expecting 2021/22 U.S. corn production up by over 117.5 million bushels from the previous forecast as higher acreage more than offsets a slight drop in yield. The industry also expects USDA to lower its 2020/21 corn [...]

Corn acreage expected to rise, soybeans to fall in 2019

Looking ahead to 2019/20 corn, the consensus is U.S. acreage will increase, but the extent of the increase is a hot topic right now. A recent survey of growers conducted by Farm Futures puts new-crop corn acreage at 90.3 million acres, up just over [...]

USDA sees higher 2019/20 corn acreage, soybean acreage down sharply

USDA’s Office of the Chief Economist forecasts a sizable drop in soybean acreage. According to the agency, 2019/20 soybean planted acreage may drop 8 percent to 82.5 million acres from 89.1 million acres this year. Corn planted area, on the other hand, is expected [...]

By |November 7, 2018|Categories: Corn & Soy Complex|Tags: , , , |0 Comments
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