USDA’s provided traders and farmers with its final production tally for the 2021 ... when USDA changes them again, right? But no change on the corn yield today, and he two-tenths of a bushel ...
The corn market is holding near the pre-report trade, with contracts up factionally to 3 cents so far on Tuesday, despite no major changes ... came even as the world production was increased ...
Last year, total corn production was 15.1 billion bushels, up 7% the 2020 estimate, per USDA’s latest report. The average U.S. yield was a record-high 177 bu. per acre, 5.6 bu. above the 2020 yield.
Corn production is expected to grow by 27% to 160 million tons in the same period. The study attributes this growth to higher demand from foreign markets and increased use of corn for ethanol ...