The USDA released its September WASDE and Crop Production reports on Thursday. The biggest surprise was yet another increase in average US corn yields from 183.1 bushels per acre (bpa) to 183.6 bpa versus trade guesses for a slight cut to 182.5 bpa. Harvested acres were unchanged from last m...
was 51.6 bushels per acre. U.S. soybean production was 4.54 billion bushels. Total value of the U.S. soybean crop was $39.13 billion. The U.S. exported 1.87 billion bushels of soybeans, or 41 percent of total production. The U.S. was first in ...