The USDA is funny how it reports info, their better than stats Canada who is now informing the country what were probably going to seed in spring 2011.
But lately all USA private consultants are starting to look at the USA crop in general and its dropping every single day.
According to a report on agrimarketing.com, early harvest results from seed corn fields are running much lower than expected–and it’s not expected to get much better.
Linn Group estimated the soybean crop at 2.997 billion bu, with a yield of 41 bu/acre. They were at 43 just a month earlier.
The brokerage firm pegged the 2011 corn crop at 12.391 billion bu, with an average yield of 149.1 bu/acre. Earlier this month, it estimated corn output at 12.775 billion bu, with an average yield of 152.1 bu/acre. The latest numbers are below the USDA's estimate of 12.914 billion bu, with an average yield of 153 bu an acre, and the 2010 harvest of 12.447 billion bu.
Dr. Michael Cordonnier has lowered his U.S. soybean yield estimate to 40.5 bu/acre down 0.5 bu/acre from his previous estimate.
It goes on and on and on.
Now throw in Drew's forecast for a return to La Nina and the plains from Texas to ND are dryer this winter.
HM how fricking much winter wheat will actually get planted and make it till next spring in the USA. Its starting to look like some crops are going to maybe take out the last boom.
But lately all USA private consultants are starting to look at the USA crop in general and its dropping every single day.
According to a report on agrimarketing.com, early harvest results from seed corn fields are running much lower than expected–and it’s not expected to get much better.
Linn Group estimated the soybean crop at 2.997 billion bu, with a yield of 41 bu/acre. They were at 43 just a month earlier.
The brokerage firm pegged the 2011 corn crop at 12.391 billion bu, with an average yield of 149.1 bu/acre. Earlier this month, it estimated corn output at 12.775 billion bu, with an average yield of 152.1 bu/acre. The latest numbers are below the USDA's estimate of 12.914 billion bu, with an average yield of 153 bu an acre, and the 2010 harvest of 12.447 billion bu.
Dr. Michael Cordonnier has lowered his U.S. soybean yield estimate to 40.5 bu/acre down 0.5 bu/acre from his previous estimate.
It goes on and on and on.
Now throw in Drew's forecast for a return to La Nina and the plains from Texas to ND are dryer this winter.
HM how fricking much winter wheat will actually get planted and make it till next spring in the USA. Its starting to look like some crops are going to maybe take out the last boom.
Comment