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SE IA | Corn Yield:
Ohio yield is 110% of 2016 PF tour
Indiana is 98.7% of 2016 PF tour
Illinois is 93.7% of 2016 PF tour
Iowa is 95.6% of 2016 PF tour
Nebraska is 104.3% of 2016 PF tour
South Dakota is 98.7% of 2016 PF tour
Minnesota is 105% of 2016 PF tour
If you take these percentages x last years USDA final yield result (January) you get
Ohio yield is 175.8
Indiana is 170.8
Illinois is 184.0
Iowa is 194.0
Nebraska is 185.6
South Dakota is 159.0
Minnesota is 202.7
These yields multiplied by the amount of acres published on USDA August report gives you:
Ohio production is +62,847,000
Indiana production is +10,418,000
Illinois production is -16,550,000
Iowa production is +155,800,000 (believe it or not)
Nebraska production is +80,691,000
South Dakota production is +154,581,000
Minnesota production is -59,908,000
For a total production +/- of +387,000,000 bushels of corn from what the USDA currently has on their August production. An extra 387,000,000 bushel on 83,496,000 million acres (USDA August) puts USDA currently at 174.2
I have been wrong before.... | |
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