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The USDA NASS 2017 county yield data show Minnesota's record corn yield of 194 bushels per acre, above the prior record of 193 in 2016. The statewide soybean yield was 47 bushels per acre, below the 2016 record of 52.
Total corn production was just over 1.48 billion bushels.
These are backward-looking 2017 harvest figures already reflected in the market, so they have little bearing on current feed grain prices.
farmprogress.comKent ThiesseMar 9, 2018After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
