Informa peg US corn yield at 155.4 bu vs USDA 148.4 bu.
Private analytical firm Informa Economics last night projected 2008 corn yields of 155.4 bushels, which would be 4.3 bushels above last year and the second- highest on record. Informa estimated total corn production at 12.33 billion bushels.
The estimates are higher than the U.S. Department of Agriculture's July projected production of 11.715 billion bushels and projected yields of 148.4 bushels per acre.
Commodity risk management firm FC Stone projected yields at 154.5 bushels per acre on Monday.
The estimates are higher than the U.S. Department of Agriculture's July projected production of 11.715 billion bushels and projected yields of 148.4 bushels per acre.
Commodity risk management firm FC Stone projected yields at 154.5 bushels per acre on Monday.
