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Barchart Raises July Yield and Production Forecast

Also released initial Yield and Production forecasts for Canadian spring wheat and soybeans

Soy soybean soybeans VIA PIXABAY Feb 2021

Barchart has raised its July 2021 Yield and Production forecasts for U.S. corn and soybeans, and released its initial Yield and Production forecasts for Canadian spring wheat and soybeans.

  • U.S. Corn Production - Forecast at 14.6B bu with a yield of 176.5 bu/ac. This compares to the USDA’s 15.0B bu of production and 179.5 bu/ac yield
  • U.S. Soybean Production - Forecast at 4.3B bu with a yield of 50.0 bu/ac. This compares to the USDA’s 4.4B bu of production and 50.8 bu/ac yield
  • Canadian Spring Wheat Production - Forecast at 881.0M bu with a yield of 55.1 bu/ac. This compares to the AAFC’s 920.8M bu of production and 53.5 bu/ac yield (includes spring wheat and winter wheat, excludes durum wheat)
  • Canadian Soybean Production - Forecast at 228.1M bu with a yield of 43.0 bu/ac. This compares to the AAFC’s 228.9M bu of production and 42.8 bu/ac yield

Released for free to the public on the first Tuesday of each month during the growing season, and available to clients through daily updates, Barchart’s Crop Production and Yield Forecasts equips users with key insights to help their crop marketing and business decisions ahead of when traditional government reports from the U.S. and Canada are released.

To sign up for a free 30-day trial to cmdtyView Pro, please click here.

To learn more about Barchart’s Crop Production Forecasts or to receive API access, please visit its website.

To sign up for free semi-monthly estimates for U.S. Crop Production, please click here.

To sign up for free semi-monthly estimates for Canadian Crop Production, please click here.

About Barchart
Barchart
is a leading provider of data services, software and technology to global commodity buyers, agriculture and the food supply chain.

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