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GRAIN HIGHLIGHTS : Top Stories of the Day

Wheat Higher After USDA Cuts Production and Yield Forecasts Wheat for September delivery rose 4.2% to $6.40 3/4 a bushel, on the Chicago Board of Trade Monday, in reaction to the USDA reporting lower estimates for 2021 crop yields and production than expected by analysts. Wheat futures on the CBOT charged higher following the release of the USDAs WASDE report -- which showed lower yields and crop production than initially anticipated. The USDA now forecasts 2021 crop yields at 45.8 bush...
New York United States San Francisco Reuven Glick Sylvain Leduc Tomm Pfitzenmaier

Barchart Forecasts Cut to USDA Corn Yield and Production Figures in Initial 2021 Production Estimates

Barchart Forecasts Cut to USDA Corn Yield and Production Figures in Initial 2021 Production Estimates News provided by Share this article CHICAGO, June 2, 2021 /PRNewswire/ -- End of season U.S. corn production is forecast at 14.5B bu with a yield of 173.5 bu/ac.  This compares to the USDAs 15.0B bu of production and 179.5 bu/ac yield. End of season U.S. soybean production is forecast at 4.3B bu with a yield of 49.5 bu/ac.  This compares to the USDAs 4.4B bu of production and 50.8 bu/ac yie...
United States Mark Haraburda Pricing Network Yield Forecasts North American Production Report

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