The U.S. Department of Agriculture, in its first survey-based forecast for U.S. soybean production this year, said farmers will produce “a record high” 3.199 billion bushels.
The U.S. Department of Agriculture, after revising its June 30 corn planting estimate, said Wednesday it has raised its forecast for corn production this year.
The U.S. Department of Agriculture on Wednesday raised its forecasts for U.S. wheat production and average yield from those made a month ago, although both new predictions are lower than 2008 levels.