Oct 15, 2019

Reaction to October Crop Report increase in 2019 U.S. Corn Yield

Author: Michael Cordonnier/Soybean & Corn Advisor, Inc.

The 2019 U.S. corn yield was increased slightly, which was a surprise, but the impact of the winter storm on crop production in the northwestern Corn Belt was not taken into account in this report. The heavy snow and winds are going to cause damage to both crops and the season-ending freeze will keep some of the latest developing crops from reaching complete maturity. Therefore, I think the production estimates for both corn and soybeans in the November Crop Report will be lower than in the October Crop Report.

Reaction to the October 2019 U.S. Corn Production from USDA - The USDA lowered the corn production from 13.79 billion bushels in September to 13.77 billion bushels in October. They increased the 2019 U.S. corn yield 0.2 bushels to 168.4 bu/ac. They lowered the planted acreage 63,000 acres to 89.9 million. They lowered the harvested acreage 202,000 acres to 81.8 million. They lowered the percent harvested from 91.1% in September to 90.9% in October.

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