Consultant Raises Soybean Crop Peg as Yields Reports Remain Impressive

Posted on 03/09/2017 10:20 AM
Crop consultant Dr. Michael Cordonnier has raised his U.S. soybean yield by 0.5 bu. per acre from last week to 51.5 bu. per acre. This resulted in a 40-million-bu. increase in his crop estimate to 4.27 billion bushels. He has a neutral to higher bias going forward due to "outstanding" yield reports as harvest progresses. "Many farme...