NEWS
Weekly Transportation Update
Katie Micik DTN Markets Editor
Thu Jul 3, 2014 11:09 AM CDT

OMAHA (DTN) -- Private analytical firm Informa Economics said U.S. farmers have the potential to produce a 13.7 billion bushel corn crop and a 3.7 bb soybean crop this year.

The national average corn yield is forecast at 165 bushels per acre, 1.6 bpa above its previous estimate, and a soybean yield of 44.5 bpa, even with its last forecast. Both are slightly below USDA's estimates.

Informa adjusted USDA's acreage figures using data from its own survey of farmers. It thinks farmers planted corn on 91.39 million acres with harvested acres projected at 83.24 ma.

The corn harvested acreage estimate ...

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