NEWS
Informa Sees Record Yields
Katie Micik DTN Markets Editor
Tue Aug 5, 2014 11:12 AM CDT

OMAHA (DTN) -- Private analytical firm Informa Economics forecast record corn and soybean yields, at 168 bushels per acre and 44.5 bpa respectively, in a report released this morning.

Resulting corn production comes in just shy of 14 billion bushels (13.988 bb), while soybean production clocks in at 3.7 bb.

"Informa's estimate of 13.988 billion bushels of U.S. corn production based on a yield of 168 bushels an acre is in line with market expectations and had little effect on corn prices Tuesday," DTN Analyst Todd Hultman said. "In fact, Informa's estimate may be a little shy for corn as ...

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