USDA Makes Two Surprise Changes to Corn Yield and Demand In Its Latest Crop Production Report

Carbon intensity is the measurement used in the tax credits provided by the Section 45z of the Inflation Reduction Act. Notably, the tax credits are given on a per-bushel basis, unlike other programs based on a per-acre basis.

USDA upped its corn yield estimate by nearly 2 bu. to a 174.9 bu. per acre national yield. The agency also increased its demand estimate, which softened the potential blow of such a big jump in production.

With this new alliance, Hefty Seed will gain access to Meristem’s patented Bio-Capsule for the delivery of its proprietary blend of microbes and micronutrients.

According to FMC, growers who use the product will find healthier root systems, improved plant stands and decreased lodging in their crops – potentially contributing to better yields.