USDA Releases January Crop Production, WASDE, Dec. 1 Grain Stocks and Winter Wheat Seedings Reports

OMAHA (DTN) — USDA on Friday released its January Crop Production, World Agricultural Supply and Demand Estimates (WASDE) Dec. 1 Grain Stocks and Winter Wheat Seedings reports.

USDA pegged final national average corn yield at a record 177.3 bushels per acre (bpa), well above the range of pre-report expectations. Production was pegged at 15.34 billion bushels (bb).

Soybean yields also climbed to a national average of 50.6 bpa. Production clocked in at 4.17 bb.

Stay tuned throughout the morning and refresh this page often as we will be sending a series of updates with the important highlights from today’s reports, including commentary from our analysts.

You can also access the full reports here:

— Crop Production: https://www.nass.usda.gov/         

— World Agricultural Supply and Demand Estimates (WASDE): http://www.usda.gov/oce/commodity/wasde/      

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Editor’s Note: Join DTN Lead Analyst Todd Hultman at 12:30 p.m. CST on Friday, Jan. 12, for a look at what the day’s numbers mean for grain prices. To register, visit: https://www.dtn.com/wasde-webinars/