USDA raises corn and soybean harvest estimates
CORN
Statements (4)
- Neutral
USDA increases sorghum yield guess to 55.7 bushels per acre on harvested area of 5.225 million acres.
- Bearish
USDA raises US corn and soybean harvest estimates.
- Neutral
USDA raised carryout projections for corn, soybeans, and wheat.
- Bearish
USDA is increasing corn yields, causing corn prices to approach their limit.