Corn and Soybean n°8/2016: U.S. record yield
CLAL TeamPosted on
The monthly report of August 2016 released by the United States Department of Agriculture (World Agricultural Supply and Demand Estimates Report – WASDE) shows for the season 2016-17 the estimates of increasing global production for Corn (1028 Mio t) and for Soybean (330 Mio t).
Higher U.S. Corn and Soybean production reflect the increased yields.
The Corn yield is forecast at 175.1 bushels per acre.
The Soybean yield is forecast at 48.9 bushels per acre.
U.S. imports are raised as the pace of Organic Corn imports through June has been above expectations.
Corn area is raised in Argentina on an expected reduction in planted area for wheat and small grains. For India, Corn area is increased as favorable rainfall has boosted plantings to date. Abundant summer rainfall in Mexico boosts Corn yield prospects.
CLAL.it – Corn and Soybeans Production, Utilization and Stocks
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MAIS-SOIA-AUG-2016-EN.pdf (709 KB)
Corn & Soybeans - August 2016: Report about prices, production and global trade prospects for 2016-17 season.
The CLAL.it team is composed of young people who with the help of Computer Science study the dairy market and develop tools to provide the Operators of the dairy sector with a comprehensive real-time view of the national and international market trends.
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