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| Also from USDA website for their 2023 outlook:
The yield projection of 181.5 bushels per acre is based on a weather-adjusted trend assuming normal
planting progress and summer growing season weather.
Yup, only the USDA would think to write about weather adjusted projections and then omit to fill in any value for that adjustment and simply go with "normal" growing season weather. I wonder what they use for normal when we look at production over last 10 years vs acres. It's seems average data that would represent normal is a little different than USDAs typically optimistic version of normal. And there is no shortage of info on USDA website for effects of ENSO on production around the world. So perhaps the USDA simply collects, publishes, pontificates on such information but does not actually do anything and their math for productionguesses is simply "we will have record yield and we can guess pretty accurate how many acres exist to plant". Gee, thanks USDA for that brilliant insight.
Edited by 69Cat 2/24/2024 15:33
 (USCornProductionChart_051019_Lead-2959796712.jpg)
 (Figure1.-USCornAcres.20200313.png)
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 USCornProductionChart_051019_Lead-2959796712.jpg (79KB - 37 downloads)
Figure1.-USCornAcres.20200313.png (78KB - 43 downloads)
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El nino
