NAPERVILLE, Illinois, July 17 (Reuters) - The U.S. Corn Belt has experienced much more forgiving weather this month after an unusually dry June crashed both corn crop conditions and yield ideas.
Three weeks ago, corn was just 50% GE, the week’s worst since 1988.
Although long ago, most years with similar gains around this time frame featured corn yields within a couple percent of trend, if not better.
Keep in mind that the concept of “trend yield” is subjective and often varies by analyst.
USDA’s 2023 corn trend of 181.5 bushels per acre, which some considered too high, was reduced to 177.5 last week after the dry June.
Persons:
Karen Braun, Matthew Lewis
Organizations:
U.S . Department of, GE, Reuters, Thomson
Locations:
NAPERVILLE , Illinois, U.S