Corn crop estimates continue low


Two more private forecasting firms have checked in with yield estimates for the current corn crop that are under the most recent U.S. Department of Agriculture predictions. Allendale inc. has pegged the corn yield at 147.7 bushels per acre. Informa Economics puts the yield at 151 bushels. Those numbers are in line with the 146.3…

UK wheat crop exceeds estimates


According to Jonathan Lane, trading manager at Gleadell Agriculture Ltd, U.K. wheat output is set to exceed estimates this year after rainfall starting in July boosted crop prospects. The harvest may come to between 14.6 million and 14.8 million metric tons, more than about 13 million tons expected by growers and brokers in the spring.…

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