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USDA crop condition ratings useful for projecting yield

May 26, 2017, 17:31 PM by System
USDA crop condition ratings useful for projecting yield

Agriculture economist Scott Irwin says market stakeholders should start giving more attention to USDA corn and soybean condition ratings.

“Soon,” Irwin told Brownfield Ag News.  “Not quite now, but soon.”

Irwin – at the University of Illinois – says USDA crop condition ratings – the percentage of the crop that’s very poor, poor, fair, good or excellent – are useful in projecting crop yield.

“You just plug in this week’s good plus excellent ratings, and out pops a yield forecast,” said Irwin. 

Continue reading USDA crop condition ratings useful for projecting yield at Brownfield Ag News.

     

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