A private firm forecast of the nation’s crops greatly differs from Department of Agriculture data released this week. Generated by Indigo Ag’s living map, Atlas, forecasts for both corn and soybeans are down from the company’s July report and significantly lower than the USDA numbers released on Monday.
Corn production is forecast at 12 billion bushels as compared to USDA’s 13.9 billion bushels. Indigo Ag predicts soy production at 3.7 billion bushels versus 3.68 billion from USDA.
Over the past month, favorable weather conditions – including hot weather and adequate rainfall – have aided crop health across the United States. Given the late start to the season, however, crop development is still significantly delayed.
Indigo Atlas combines remote sensing equipment, weather and historical data to deliver models that assess crop health and production at the field, county, state and national level.