News & Publications
April 25, 2023 |
What will this year’s crop yield?
Projections of the trend yield for U.S. corn in 2023 are varied. Regardless, recent history confirms that the final yield can be substantially above or below trend depending on post-planting weather developments. The variability in yield relative to trend projections is a major factor contributing to the increased price volatility that is often seen throughout the growing season. Effective management of price volatility is essential to successful marketing.