USDA Lowers Soybean Yield In November WASDE Report

Nov 09, 2021

The USDA released its November WASDE report Tuesday morning.

Neil Townsend is Chief Market Analyst with FarmLink Marketing Solutions.

"I think the big number that the market is going to be talking about is the fact that they lowered soybean yield. That was relatively unexpected. People were kind of thinking that the yield would actually be ticked up a bit. They took it from 51.5 down to 51.2. That doesn't sound like much but the expectation was that the yield was going to go up."

Townsend says there were negligible changes to wheat if any.

Corn stocks were raised in line with expectations that the trade had. The yield was raised half a bushel to 177 bushels per acre, the average trade guess was 176.9.

Click here to see more...

Video: Hendrix Genetics Swine Raises the Bar: Delivering Robust Genetics for Pork Producers

The swine genetics landscape is evolving rapidly, and Hendrix Genetics Swine is leading the way. In this exclusive interview, Bryce Martin discusses how the integration of Hypor, Danish Genetics and the newly introduced Nexus product line is creating one of the industry's most comprehensive genetic portfolios. Producers across Canada, the United States and Europe are facing increasing pressure to improve efficiency, animal health, survivability and profitability, and Hendrix Genetics Swine is responding with genetics designed to meet those challenges.
Martin explains how the strengths of Hypor's balanced and sustainable breeding approach combine with Danish Genetics' reputation for robustness, growth performance and productivity to deliver solutions tailored to a wide range of production systems. The discussion also explores the launch of Nexus 100, a new sow developed from the combined expertise of both genetic programs and designed to improve predictability, survivability and total system profitability. For more information visit: https://swine.hendrix-genetics.com/en/