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Tallying up 1988 vs. 2012 crops
date:Oct 04, 2012
ushels/acre in 1988.

For soybeans, the difference between actual (or forecast) yields is 5.2 bushels for 1988 and 7.7 bushels for 2012. The difference in the magnitudes of the yield shortfalls is not consistent with the observed weather patterns in those two years. Additionally, most analysts, including the authors, calculate the trend yield for 2012 to be slightly above the unconditional linear trend of 43 bushels, according to Irwin and Good's report. Based on a 2012 trend yield of 43.5 bushe

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