News & Publications

News & Publications

October 9, 2024 | Cesar Cruz & Brian Basting

Will USDA change production estimates?

Will USDA change production estimates?

Ag Marketing IQ: 2024 crop expectations for U.S. corn and soybean could increase volatility in the market, sending prices on a ride or a slide.

USDA’s next U.S. corn and soybean production update is Friday, Oct. 11. A wide range of private estimates for both crops’ area, yield, and production are already circulating throughout the market. U.S. corn and soybean yields continue to be variable as harvest gains momentum, which will be one of the main focuses of the October report.

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