Most analysts expect the USDA to lower its corn and soybean production
estimates Monday. The big question for both crops over the course of the
growing season has been planted acreage, with corn and soybean planting
historically slow this year because of extremely wet conditions in many key
U.S. growing areas, which either changed producers planting plans or washed out
fields entirely. This round of numbers will include the initial prevent plant
numbers and results from the USDA’s July acreage resurvey but won’t fully
factor in the impact of recent dry weather in the Corn Belt.
Continue reading USDA expected to lower corn, soybean crop guesses at Brownfield Ag News.
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