NEWS
Lanworth See Smaller Crops Than USDA
Pat Hill DTN Markets Editor
Wed Sep 9, 2009 07:30 AM CDT

OMAHA (DTN) -- U.S. corn and soybean crops will be only slightly larger than last year -- but smaller than USDA and many private analysts are forecasting, according to revised estimates from private analytical firm Lanworth, Inc.

In a report released September 4 to its clients, Lanworth pegged U.S. corn production at 12.237 billion bushels on an average yield of 153.8 bushels per acre and 79.57 million harvested acres. Soybean production is expected to total 3.021 billion bushels, on an average 39.9 bushels per acre and 75.77 million harvested acres. Spring wheat production is expected to total 495 million bushels, ...

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