The average corn yield last year set a new record, shocking many throughout the industry.
However, the amount was not far off from past harvests.
The USDA’s final estimate of the U.S. average yield of corn for 2023 was released in January and showed 177 bushels per acre. While setting a new high record, the amount is only 3.4 bushels above the average for the past seven years.
Many were surprised by the new record given the warm and dry conditions throughout the growing season, but that weather allowed for a near-normal rate of planting progress.
Other analysts say the favorable weather shift seen in July and August are to thank because it came at a crucial growing time.
