Allendale Crop Estimates Just Out

Allendale are out today with a prospective US corn yield for 2010 of 162.3 bu/acre, pegging the crop at 13.147 billion bushels. For beans they see yields at 43.21 bu/acre, placing output at 3.370 billion bushels.

Both sets of numbers are marginally below FCStone's Wednesday predictions of a prospective corn yield of 162.9 bu/acre, placing the crop at 13.195 billion bushels. For beans they set yields at 43.5 bu/acre, pegging output at at 3.390 billion bushels.

Informa Economics are also due out later today.