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Barchart Forecasts Slight Production Increase for Corn, Soybeans

Canadian production forecasts remain relatively unchanged

Soybean harvest VIA PIXABAY NOV 2021

Barchart has released its final 2021 Yield and Production forecasts for U.S. and Canadian field crops.

This latest report indicates a slight increase in U.S. crop production and yield for both corn and soybeans, while Canadian production forecasts remain relatively unchanged over the past month.

“As we wrap up our 2021 crop production forecasts, we have adjusted our estimates to show a slight increase in yield for U.S. corn (182.8 bu/ac vs. 182.3 in October) and soybeans (51.4 bu/ac vs. 51.3 bu/ac in October),” says Barchart CEO Mark Haraburda.

Released for free to the public on the first Tuesday of each month during the growing season, Barchart’s Crop Production and Yield Forecasts equips users with important insights to help their crop marketing and business decisions ahead of traditional government reports from the USDA and Statistics Canada. Barchart clients can access daily updates in cmdtyView or through an API subscription.

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