Several private firms are releasing their own crop yield estimates ahead of this Wednesday’s USDA production report.
Bob McClure is with Main Street Data, a weather-based forecasting service.
“We’re forecasting a record national (corn) yield of 183 bushels per acre,” McClure says, “and we also expect USDA to raise their yield to 180-plus.”
McClure says they are forecasting record corn yields in five of the top producing states.
“Mainly Iowa, Indiana, Minnesota, South Dakota and Wisconsin,” he says.