2018 Setting a Friendlier Tone for Commodities

The U.S. Department of Agriculture has released reports that included World Ag Supply and Demand and 2017 Crop Production figures.

The agency said American farmers posted an average of 176.6 bushel per acre after the 2017 corn harvest, bringing in a total of 14.604 billion bushels.

The soybean harvest brought in 4.329 billion bushels, with an average yield of 49.1 bushels per acre across the Country.

Mike Zuzolo from Global Commodity Analytics tells SFN that 2018 is setting itself up as a friendlier commodity environment.