Marketing year consumption numbers critical for corn, soybean prices

Larson, Debra Levey
May 2013
Southeast Farm Press Exclusive Insight;5/14/2013, p8
The article tackles the supply and consumption projections for the 2013-2014 marketing year for U.S. corn and soybeans as indicated in the U.S. Department of Agriculture's May 10, 2013 World Agricultural Supply and Demand Estimates report. The U.S. average corn yield is projected at 158 bushels per acre while the U.S. average soybean yield is projected at 44.5 bushels per acre. Moreover, the use of corn for ethanol and by-product production is forecast at 4.85 billion bushels.


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