date:Sep 06, 2012
The U.S. Department of Agriculture last month forecast a yield of 123.4 bushels an acre and production of 10.779 billion bushels.
INTL FCStone forecast the U.S. soybean crop's yield at 36.7 bushels an acre and total output at 2.739 billion bushels. The USDA last month forecast a soybean yield of 36.1 bushels an acre and output of 2.692 billion bushels.
The USDA is due to update its crop forecasts on Sept. 12 in its monthly supply-and-demand report.
Analysts this summer cut their forecasts for th