Maryland rejoices as soybean yields predicted highest in years

In Maryland, projected soybean yields are some of the highest in years as rainfall and moderate temperatures have allowed the crops optimal conditions. The USDA is currently forecasting a new record yield (45.2 bushels) of soybeans in 2014, exceeding the 2009 record of 44 bushels by a large margin. “Sustained demand increases are expected for soybeans for animal feed, vegetable oil, and biodiesel, with a projected growth of 60 percent by 2025,” according to WorldWatch Institute.

 

Category: Fuels