September 2, 2017 / 1:02 AM / in 2 months

Informa Economics raises U.S. corn, soy yield estimates -trade

CHICAGO (Reuters) - Private analytics firm Informa Economics on Friday raised its estimate of the U.S. 2017 corn yield to 169.2 bushels per acre (bpa), up from 165.9 a month ago, three trade sources said.

U.S. and Iowa state flags are seen next to a corn field in Grand Mound, Iowa, United States, in this August 16, 2015 file photo. REUTERS/Jim Young/Files

Informa also raised its U.S. 2017 soybean yield estimate to 49.4 bpa, from 47.3 last month. The firm estimated soybean production at 4.384 billion bushels and corn production at 14.123 billion bushels.

Informa officials were not immediately available for comment.

Reporting by Julie Ingwersen

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