date:May 30, 2013
bly yield about 10@15 bus less than the trend line 158 bus per acre, he said. But he contended that the lower yields would still be acceptable.
Even reduced yields of 145 bus (per acre) would produce a comfortable carryout, he said. At 155 bus per acre, there would be a carryout of about two billion bus, he said, which would send corn futures prices markedly lower.
He predicted some spikes in corn futures prices over the next couple of weeks if rain continues, but he doesnt foresee soaring pri