crop size
USDA data-fest highlights early crop projections
The USDA's annual Outlook Forum traditionally generates headlines with its projections of U.S. crop production seven months before harvest, a challenging exercise considering the many factors that could intervene. A late-winter surge in commodity prices could sway planting decisions, a cold and rainy spring can force last-minute changes among crops, and a summer drought can destroy crop prospects.
Larger US winter wheat crop expected in 2015
U.S. wheat growers will reap a crop of 1.57 billion bushels, up 14 percent from this year, according to forecaster Lanworth, says Reuters. The increase would be driven by higher yields as the central and southern Plains rebound for devastating drought.
Record-setting US crops to get bigger, analysts say
The government will raise its estimates of the record-setting corn and soybean crops on Friday, according to two surveys of analysts ahead of the monthly crop report and the companion WASDE report on world crops.