Barchart releases September yield forecast

corn-field

Barchart Tuesday released its September 2020 yield forecast. The September cmdty (commodity) Yield Forecast for end of season yield is forecast at 178.4 bushels per acre for corn and 50.5 for soybeans in the United States. The forecast represents an increase in yield compared to the August report, which forecasted end of season yield for corn 174.8 bushels per acre and end of season yield for soybeans 49.2.

The corn estimate comes in above the Pro Farmer Crop Tour estimate last month of 177.5 bushels per acre, and below the Pro Farmer soybean estimate of 52.5. Released on the first Tuesday of each month during the growing season, the Barchart forecast allows users to get insights to guide their business decisions ahead of USDA’s World Agriculture Supply and Demand report.

USDA will release the September WASDE next Friday, September 11. Barchart is a provider of market data and services to the global financial, media, and commodity industries.