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TerraMetrics Corn and Soybean Yield Estimates Lower than USDA WASDE
by 0.8 and 0.6 Bu/Ac Respectively

TMAI County Level Estimates Show State Level Differences 

LAWRENCE, KS, August 12, 2024 — USDA today released their August World Agricultural Supply and Demand Estimates which included their first survey-based corn and soybean yield estimates for the current US growing season.  Nationally, USDA’s estimated corn yield forecast of 183.1 bu/ac is 0.8 bu/ac higher than TerraMetrics (TMAI) August 7th forecast of 182.3 bu/ac.  TMAI’s soybean forecast of 52.6 bu/ac was 0.6 bu/ac lower than USDA’s.  By any measure, 2024 is currently projected to have record crops.

TMAI’s next and seventh round of US Corn, Soybean and other summer crop forecasts for 2024 will be published on August 21st, including county estimates for Corn and Soybeans.  For additional information contact Jed Lafferty at  jed@tmaiag.com.