National Ag News
Yield projection jump means more price pressure
Nov 14, 2017, 17:30 PM
by
System
University of Illinois ag economist Todd Hubbs says corn yield projection increases between the October and November USDA production reports do not bode well for supply scenarios.
“We’ve got a lot of corn out there,” Hubbs told Brownfield Ag News Tuesday, “more than most market observers thought.”
The latest WASDE report indicates a corn yield projection of 3.6 bushels greater than the October report. The same happened in 1992 and 1996, with further yield increases each of those years in the December report.
Continue reading Yield projection jump means more price pressure at Brownfield Ag News.
