USDA’s latest Crop Production Report is supporting the higher feed costs that producers are now experiencing. USDA trimmed yield estimates for both corn and soybeans, dropping the average corn yield from 178.5 bushels per acre estimated in September to 178.4 bushels per acre expected today. Soybean yields were estimated at 51.9 bushels per acre. The agency lowered expected harvested acres of corn by 1 million acres, and lowered harvested soybean acres by 731,000 acres. Read More
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