U.S. corn yield potential remains high: USDA report

8 months ago 129

2025/26 U.S. corn production is largely unchanged at 400 million tons, “thanks to overall favorable July weather and continued positive expectations into early August, though a potential for high temperatures expected in mid/late August warrants attention as crops move past their prime growth period,” reported ADM Investor Services. 

In its latest WASDE report, USDA pegged U.S. corn production at 398.9 million tons, slightly below our median projection, ADM Investor Services stated. The latest Reuters Poll of Analysts had analysts’ own estimates for corn production and yield on average at 15.73 billion bushels (vs. LSEG’s 15.75 billion bushels) and 181.2 bushels per acre (vs. LSEG’s 182.5 bushels per acre), respectively. “Our current estimate puts planted area at 94.3 million acres, up 4.1% from last season, which is 0.9 million acres below the USDA’s June estimate of 95.2 million acres in its Acreage report,” ADM Investor Services stated.

Be the first to know

Get local news delivered to your inbox!

Read Entire Article