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USDA Forecasts Record Corn and Soybean Crops

2014-08-18 18:28:00| National Hog Farmer

P. Scott Shearer, Bockorny Group, Washington, D.C. The U.S. Department of Agriculture is forecasting record corn and soybean crops this fall that will result in lower prices. The 2014-15 corn crop is forecast at a record 14.03 billion bushels compared to the previous record of 13.925 billion bushels in 2013. Based on conditions as of Aug. 1, yields are projected at a record of 167.4 bushels per acre. This compares to the previous record of 164.7 bushels per acres in 2009. read more

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