November 10 Comments on USDA WASDE & Profitability 2015 Update

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Corn production is forecast 68 million bushels lower, but still a record at 14,407 million bushels. The national average corn yield is reduced 0.8 bushels per acre to 173.4 bushels. U.S. corn use for 2014/15 is projected slightly higher with a 5-million-bushel increase in expected food, seed, and industrial (FSI) use. Corn used in ethanol production is projected 25 million bushels higher. Continue reading at November 10th Comments .

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