US Soybean Crop on Course to meet Trend Yield Forecast
USDA rated 68% of the US soybean acreage in good or excellent condition as of July 7, 2024. The July 7 index was 12% better than the previous 38-year average for early July, and a yield of 52 bushels per harvested acre which is fractionally greater than the record US national average soybean yield established in 2016.