NEWS
Informa Ups Corn, Soy Estimates
Fri Oct 4, 2013 12:00 PM CDT

CHICAGO (Dow Jones) -- Informa Economics, a private forecaster, said U.S. corn and soybean production will be higher than the U.S. Department of Agriculture estimated last month due to improved yields for both crops, according to traders.

Informa on Friday forecast corn production this year at 14.01 billion bushels on yields of 158.8 bushels an acre, traders said. Informa pegged soybean production at 3.176 billion bushels on yields of 41.7 bushels per acre.

The Memphis, Tenn.-based firm's projections for corn production were higher than the U.S. Department of Agriculture's September forecast of 13.843 billion bushels, and its yield outlook topped ...

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