StoneX Analysts Expect Significant Increase in U.S. Corn Harvest

StoneX experts predict that US farmers will harvest 388 million tons of corn in the next season. The yield will be 11.9 tons per hectare. This is 39.2 million tons more than last year. However, USDA analysts expect a crop of 389.1 million tons.

4 August 2023

According to StoneX experts, US farmers in 2023/24 MY can harvest 388 million tons of corn with an average yield of 11.9 t/ha.

It should be noted that this figure is 39.2 million tons higher than the result of the previous season. At the same time, this forecast is somewhat inferior to the expectations of USDA analysts, who in their July report voiced it at 389.1 million tons.

Soybean production in the US in 2023/24 MY, StoneX analysts predict at 113.6 million tons with a yield of 3.4 tons / ha (-2.8 million tons per year), which is lower than the estimate in the latest USDA report (117 million tons) .

Using a special form, you can send us news, which will then be included in the news section of the site and in the digest.

Articles sent 214

Submit your article

Source: АПК-Информ

All information on the site is for personal use only

StoneX Analysts Expect Significant Increase in U.S. Corn Harvest

StoneX experts predict that US farmers will harvest 388 million tons of corn in the next season. The yield will be 11.9 tons per hectare. This is 39.2 million tons more than last year. However, USDA analysts expect a crop of 389.1 million tons.

"Russian farmers are preparing to complete the harvesting campaign: 122 million tons of grain have been harvested."

The Ministry of Agriculture of the Russian Federation supports the digital transformation of agriculture by funding the development of domestic software solutions.

Smolensk region increased exports of agricultural products by 35% in 2024.

A scientific research center has been established to analyze animal feed and livestock products in the Volgograd region.

Specialists highly value the quality of seed material for sowing in the following year after a successful harvest collection before the arrival of snow.

"Delicious white cabbage: farmers in the Stavropol region are competing with imported varieties."

Brewers and the Ministry of Agriculture are jointly creating the program "Brewing School" to update qualifications and develop the industry.

The Ministry of Agriculture suggests expanding the list of agricultural crops eligible for reduced VAT of 10%, including vegetables, fruit trees, and potatoes.