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Agricultural News


Allendale Predicts Record Corn and Soybean Yields- Based on National Producer Survey

Wed, 31 Aug 2016 07:34:57 CDT

Allendale Predicts Record Corn and Soybean Yields- Based on National Producer Survey Allendale, Inc's 27th Annual Survey of Producers across the US found record yields for corn and soybeans.


Allendale, Inc., a Chicago area agricultural commodity brokerage and analysis firm estimates the US corn yield at 172.6 bushels per acre and 48.5 bushel per acre for soybeans. This equates to a corn crop of 14.942 billion bushels and a soybean crop of 4.026 billion bushels. The estimate is based on producer calculated yields in 31 states.


This survey covers 87% of corn production and 83% of soybean production in the US. Thank you to all the farmers who make this survey accurate and possible. You know your fields better than anyone else! Get the full details described by Rich Nelson, Allendale's Chief Strategist by watching the video below.







   

 

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