NEWS
Fundamentally Speaking
Thu Feb 28, 2013 08:54 AM CST

There continues to be quite a bit if discussion about the USDA’s projected U.S. corn and soybean yields given at their annual Agricultural Outlook Conference Feb 21-22.

The corn yield is estimated at 163.6 bushels per acre, up 40.2 from last year and if achieved would be the second highest corn yield on record next to the 164.7 bpa seen in 2009.

The soybean yield is put at 44.5 bpa, up 4.9 from last year’s drought reduced crop and this would be a new record, surpassing the 44.0 level also seen in 2009.

As ...

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