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Ag News

Producers Report Strong Corn and Soybean Yields.

Allendale, Inc. a Chicago area agricultural commodity brokerage and analysis firm projected the US corn crop at 16.631 billion bushels and a soybean crop of 4.268 billion bushels.


The 36th annual Nationwide Producer Yield Survey was conducted from August 18 – 29. The surveys
were conducted directly by our brokers, the Allendale website, and social media platforms.
These estimates were based on producer-calculated yields in 25 states. Ample surveys gave us the
numbers needed to project yields in 12 states. This covers 87% of corn production and 84% of soybean
production. For this survey, the smaller states were assumed using the USDA's August 12 estimates. All
harvested acreage was assumed using USDA's August 12 estimates.

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