The USDA has trimmed its outlooks for 2022 U.S. corn and soybean production slightly as harvest moves forward. It’s been another widely varied year for U.S. crop weather, with planting delays in some northern portions of the growing region, followed by periodic excessively wet conditions in some eastern areas during development and continued drought in parts of the Plains.
As of October 1st, this year’s corn crop is expected to be 13.895 billion bushels, a decline of less than 1% from September following a modest reduction to the average yield guess to 171.9 bushels per acre.
