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Crop Production 2012 Summary: Corn 13% Below 2011, Soybeans Down 3%

2013-01-11 20:26:00| Corn & Soybean Digest

Source: USDA Corn for grain production is estimated at 10.8 billion bushels, up 1% from the Nov. 1 forecast but 13% below 2011. The average yield in the United States is estimated at 123.4 bu./acre. Soybean production in 2012 totaled 3.01 billion bushels, up 1% from the Nov. 1 forecast but down 3% from 2011. United States production is the seventh largest on record. The average yield per acre is estimated at 39.6 bu. read more

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