USDA is projecting corn and soybean yields at record highs this year and has sharply raised its forecast for both soybean production and ending stocks, prompting another drop on the futures markets ...
The USDA’s World Supply and Demand Estimate report calls for a record soybean yield, but a smaller crop than previously expected. The acreage reduction came as a “big surprise” to markets, said ...
USDA projected Tuesday that farmers will produce a record 16.7 billion bushels of corn this fall and sharply lowered its forecast for the average corn price, which if realized could trigger ...