Analytics firm Informa Economics predicts U.S. farmers will harvest 13.759 billion bushels of corn and 3.203 billion bushels of soybean crop in 2011, according to reports.
Informa estimates corn yields at 162.5 bushels per acre, based on harvested acreage of 84.7 million acres. The firm's 2011 harvested corn area predictions are 200,000 acres short of June estimates from the U.S. Department of Agriculture.
Estimates for soybean yields are 43.1 bushels per acre, based on harvested acreage of 74.3 million acres. Estimates for U.S. wheat harvests in 2011 are 2.095 billion bushels from 47.2 million acres, a wheat yield Informa projects to be 44.4 bushels per acre.