Reduction in US Corn Estimate Next Month? 10/26/2022

Published by David Tedrow on

This month USDA reduced the US corn production estimate by 48 million bushels. The November corn estimate has been less than the October estimate in 17 of 25 years in which USDA reduced the production estimate in October. 

The November 2022 crop report is scheduled for release November 9, 2022.

                                US Corn Production Million Bushels
*Year Change November – October
1968 -147 1
1970 -84 1
1973 -85 1
1974 -97 1
1976 198
1980 -6 1
1982 15
1983 -138 1
1984 29
1986 3
1987 27
1990 -87 1
1993 -459 1
1995 -167 1
2000 -138 1
2006 -160 1
2008 -13 1
2010 -124 1
2011 -123 1
2012 19
2015 99
2016 169
2018 -152 1
2019 -118 1
2020 -215 1
*Years in Which October corn production estimate was less than September Estimate

Categories: Grains