Weighing in on What 2012 US Corn Yield Trend Should Be
Joel Karlin
DTN Contributing Analyst
We read an interesting article this week from University of Illinois professors Good and Irwin entitled “The Historic Pattern of U.S. Corn Yields, Any Implications for 2012?”
With U.S. corn yields seeing back to back years below trend, market sentiment suggests reduced chances for such an occurrence this year, so they looked at past yield data to see if that is a correct assumption.
U.S. corn yields have trended higher over time and a regression indicates that since 1960 yields have on average increased about 1.87 bushels per year. […]