By DTN Staff

This article was originally published at 11:01 a.m. CDT on Friday, May 10. It was last updated with additional information at 11:08 a.m. CDT on Friday, May 10.

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OMAHA (DTN) -- USDA on Friday forecast farmers this spring are planting what will become a 14.86-billion-bushel corn crop and a 4.45-billion-bushel soybean crop.

USDA estimated the 2024-25 corn yield will be 181 bushels per acre. The soybean crop is also projected at 52 bpa.

USDA on Friday released the World Agricultural Supply and Demand Estimates (WASDE) report for May, which includes the first detailed forecast for the 2024-25 corn and soybean crops.

USDA also released its May Crop Production report on Friday.

Stay tuned throughout the morning and refresh this page often, as we will be sending a series of updates with the important highlights from today's reports, including commentary from our analysts.

You can also view the full reports here:

-- Crop Production: https://www.nass.usda.gov/…

-- World Agricultural Supply and Demand Estimates (WASDE): http://www.usda.gov/…

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With new Northern crop seasons getting underway, join us for DTN's webinar at 12:30 p.m. CDT Friday as we discuss USDA's new estimates and add in our own market comments. Questions are welcome and registrants will receive a replay link for viewing at their convenience. Register here for Friday's May WASDE report webinar: https://www.dtn.com/….

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