Latest Yield Survey Shows Decrease From USDA Estimates
Allendale’s latest yield survey shows a slight decrease from last month’s USDA estimates.
Allendale yield survey projects U.S. corn yields at 167.71 and soybeans at 46.13; compared to USDA’s 169.48 for corn and 48.51 for soybeans. Estimates were based on producer calculated yields in 29 states. According to Allendale President, Steve Georgey a record number of producers participated in this year’s survey.
Georgey notes although the number are less than USDA’s estimates, with weather uncertainty and late maturity yields still cannot be determined.