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USDA Preview: U.S. corn and soybean production may be slightly higher

 Last Update: 2022-01-21
 Source: Internet
 Author: User

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Washington, January 11 News: The USDA will release its final production report for the 2021/22 on Wednesday (January 12)
.

Analysts expect the report to show U.
S.
soybean production in 2021/22 at 4.
433 billion bushels, up slightly from the USDA's 4.
425 billion bushels forecast in November and up from 4.
216 billion bushels in 2020/21.
An increase of 5.
1%
.

Analysts on average expect U.
S.
soybean yields to rise to 51.
3 bushels per acre, up from last month's forecast of 51.
2 bushels
.

For corn , analysts expect USDA's crop to come in at 15.
069 billion bushels, up slightly from the December forecast of 15.
062 billion bushels, with yields unchanged and harvested area slightly raised by 100,000 acres
.

Beijing , USA

soybean

Analysts on average expect U.
S.
soybean yields to rise to 51.
3 bushels per acre, up from last month's forecast of 51.
2 bushels
.

corn

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