FC Stone Crop Production Extimates

FC Stone released their latest 2008 US crop production estimates Wednesday.

The firm pegged the 2008-09 U.S. soybean crop at 2.889 billion bushels, with a yield of 39.4 bushels per acre.

Corn production they say will come in at 12.026 billion bushels, with a yield of 151.7 bushels per acre.

The company's September estimate for soybeans was 3.003 billion bushels, with a yield of 41.0 bushels per acre, and for corn 12.159 billion bushels, with a yield of 153.4 bushels per acre.

The USDA is set to issue it's latest estimates Oct 10th.