Informa Lowers Production Potential
Katie Micik DTN Markets Editor
Thu Jul 2, 2015 12:15 PM CDT

OMAHA (DTN) -- Private analytical firm Informa Economics lowered its production estimates for corn and soybeans in a report on Thursday.

Farmers will grow 13.41 billion bushels of corn in 2015 with an average national yield of 165.4 bushels per acre. Production is 152 million bushels lower than Informa's June estimate, reflecting USDA's recent acreage estimates and a 1 bpa decline in average yield.

"That is down from USDA's June estimate of 13.63 billion bushels and yield of 166.8 bushels an acre," said DTN Analyst Todd Hultman. "This may be a start in the right direction, but with problems of ...

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