On October ninth the United States Department of Agriculture released their monthly crop report and latest supply and demand figures. In the October report USDA slightly increased both corn and soybean production over last month.
The October ninth crop report pegs corn production at 13 billion bushels, about 8 percent more than 2008-2009 crop. The USDA is expecting yields to be a record at 164.2 bushels per acre, up 10.3 bushels per acre over last year and up 2.3 bushels from the September report. For Kentucky, the USDA increased average yield by 2 bushels per acre from the September estimate for an average yield of 157 bushels per acre. If realized this would be a record corn yield for Kentucky.
Showing posts with label supply and demand. Show all posts
Showing posts with label supply and demand. Show all posts
Tuesday, October 13, 2009
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