This Friday, the USDA is releasing one of its more anticipated crop production reports. So, why does farm country look forward to this crop production report more than others?
USDA’s October crop production forecast was released last week, and it was a mixed bag on the national scene. The latest projections released Friday show a less than 1% increase in corn production from the previous month, coinciding with a slight adjustment up in corn yields. Soybean produ...
Speaking of the USDA’s October crop production forecast How likely is it that the crop yields being forecast in this report end up being the yields. Lance Honig with USDA’s NASS says, "very likely". He noted that the October USDA crop yield forecast over the years, remarkably accurate most of the time.
“In fact, over the last 25 years...