Podcast: Dr. Bill Tierney of AgResource Company Analyzes USDA Final 2013 Crop Production Estimates.
Date Posted: January 10, 2014
The U.S. Department of Agriculture has released its final report on 2013 Crop Production. While the average soybean yield was raised by .3 bushels per acre, production was raised 31 million bushels to 3.289 billion bushels.
However, USDA lowered its estimate for the average corn yield by 1.6 bushels per acre to 158.8 bu. That held overall production below the psychologically-important 14 billion mark.
Analyzing the USDA estimates is Dr. Bill Tierney, AgResource Company. (312-408-0045)