News & Publications
October 20, 2023 |
This week’s USDA report could spark market volatility
The upcoming USDA corn and soybean production update, scheduled for release on October 12, is poised to play a pivotal role in shaping the farm landscape for the rest of 2023.
This eagerly anticipated report follows USDA's previous assessment from last month. In that report the national average corn yield was estimated at 173.8 bushels per acre, reflecting a 1.3 bushel decrease compared to August, while soybeans were projected to yield an average of 50.1 bpa, down 0.8 bushels from the August forecast.
