USDA corrects September corn yield estimates for Kansas and Nebraska after processing…

1 report, 1 independent Updated Mon 00:00

AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

The U.S. Department of Agriculture revised its September corn estimates after the National Agricultural Statistics Service identified a processing error. This error involved incorrect acreage weights used to combine irrigated and non-irrigated observations in Kansas and Nebraska. The National Corn Growers Association reported that the crop report error cost farmers billions of dollars in market value. The corrected September yield forecasts are 119 bushels per acre for Kansas and 182 bushels per acre for Nebraska.

From dtnpf.com

Why it matters

Some supportBrind's analysis of the reports

The processing error affected September corn plant populations and ear counts in both states. The revision of yield forecasts for Nebraska, which increased by 5 bushels per acre, and Kansas, which decreased by 3 bushels per acre, impacts market expectations for corn supply. The National Corn Growers Association stated that the error caused billions in market value losses for farmers.

An economist at the University of Nebraska-Lincoln noted that yield forecasts for Nebraska and Kansas were incorrectly estimated.

From dtnpf.com

Who's involved

NebraskaState where corn population data was affected by the processing error.
KansasState where corn population data was affected by the processing error.
National Agricultural Statistics ServiceAgency that tracked and corrected the corn plant population data.
National Corn Growers AssociationAssociation that reported the financial losses to corn farmers.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

NebraskaSpeculative
May experience market price changes due to the corrected yield forecasts.

Keep exploring

Part of

Walters, an economist at the University of Nebraska-Lincoln, noted that yield forecasts for Nebraska and Kansas were incorrectly estimated. All 1 developments

The entities involved

Nebraska
state of the United States of America
- Joe Johnson is running in the Nebraska Senate race and is seeking an appointment to the Appropriations Committee.09:11
- Democrats are competitive in Senate races across Texas, Nebraska, Kansas, and Iowa.04:58
Kansas
state of the United States of America
- Donald Trump's campaign activities in Iowa and Kansas, including planned and skipped rallies.15:27
- Waltons expanded stores across Arkansas and Kansas and moved their business to Bentonville.15:14
National Agricultural Statistics Service
statistical branch of the U.S. Department of Agriculture and a principal agency of the U.S. Federal Statistical System

Nothing else this week.

Related events

Kansas representatives are serving on National Corn Growers Association action teams while noting differences in growing conditions compared to the Corn Belt.Oct 11

Coverage

Newest first; wire copies grouped

Mon 00:00dtnpf.com