NEWS
Pro Farmer Estimates Below USDA
Fri Aug 23, 2013 04:11 PM CDT

(Dow Jones) -- U.S. corn and soybean crops are likely to be smaller than the latest government estimates, farmer advisory firm Pro Farmer said Friday.

Pro Farmer, based in Cedar Falls, Iowa, projected a U.S. corn crop of 13.46 billion bushels, with a yield of 154.1 bushels per acre. That would be down from the U.S. Department of Agriculture's August estimates of 13.8 billion bushels and 154.4 bushels per acre.

Pro Farmer estimated the soybean crop at 3.158 billion bushels, with a yield of 41.8 bushels per acre, down from the USDA's most recent estimates of 3.255 billion and 42.6 ...

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