Weekly Outlook: Corn, Soybean Production Forecasts

US - The USDA’s first forecasts of the season show potential for a 2009 US average corn yield of 159.5 bushels and a crop of 12.761 billion bushels. For soybeans, the US average yield forecast came in at 41.7 bushels, resulting in a production forecast of 3.199 billion bushels, writes Darrel Good, Agricultural Economist at the University of Illinois.
calendar icon 18 August 2009
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