News & Publications
July 24, 2024 |
Which Way Will Corn Yield Swing?
Ag Marketing IQ: History shows a 400-million-bushel production swing is possible, and the chances are 50/50 whether the number swings up or down. The takeaway: manage your commodity market risk.
USDA begins its crop survey this week in preparation for releasing the Crop Production report on Aug. 12. Recent history shows the potential for a significant change in yield from this initial forecast to the final total. Given the regional divergence in crop condition ratings, uncertainty about final production could also remain high this year.
