date:Jul 31, 2012
to obtain new forecasts of acreage and yield. Historical relationships indicate that respondents tend to be conservative in early forecasts of final yields (underestimate yield potential), particularly in drought years. This tendency is quantified and factored into official yield forecasts.
The second survey is the Objective Yield Survey (OYS) and is based on an area frame sample of cultivated land in 10 principal states for corn and 11 states for soybeans. Based on the June acreage survey, a ra