Friday, January 9, 2009

Breaking News-RTRS--UPDATE 1-Informa sees smaller 2008 U.S. corn crop

CHICAGO, Jan 8 (Reuters) - Consulting firm Informa Economics on Thursday projected a smaller 2008 U.S. corn crop at 12.001 billion bushels, reflecting an average yield of 153.5 bushels per acre, trade sources said.
Informa estimated the 2008 U.S. soy crop at 2.951 billion bushels, with an average yield of 39.7 bpa.
The estimates compare with USDA's current corn output forecast of 12.02 billion bushels and average yield of 153.8 bpa, and USDA's soybean forecast at 2.921 billion bushels and yield of 39.3 bpa.