The grain industry talks in bushels but pays in pounds, making it difficult to envision what a bushel really is and where all the little kernels are ultimately headed.
The grain industry talks in bushels but pays in pounds, making it difficult to envision what a bushel really is and where all the little kernels are ultimately headed.
Comparing data sets as ranked lists can make it simpler for human brains to perceive something complex, like a drought-stricken crop s ultimate prospects; but sometimes a simple statement can lead traders in the wrong direction.
Unlike most corn and soybean yield estimates, Gro Intelligence s data-driven models point to higher yields, reflecting strong crop health readings from satellites. While NDVI readings are usually informative, this year, they raise questions.
USDA s first yield estimates of the 2023 growing season came in lower than the DTN Digital Yield Tour on corn, but just about even on soybeans. We share state-by-state details as well as key takeaways.