USDA is forecasting the U.S. corn crop at 13.9 billion bushels, an increase of 26 million from July’s estimate. The corn yield forecast is 169.5 bushels per acre, 3.5 bushels higher than one month ago. USDA is reporting Illinois, Indiana, Iowa, Minnesota, Nebraska, Ohio and South Dakota are forecast to have yields below one year ago. Corn planted acres are at 90 million, with harvested acres at 82 million. Those are both slightly higher than trade expectations.
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