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No Surprises in U.S. Corn/Soybean Production

Published October 9, 2020

USDA is estimating soybean production at 4.3 billion bushels and corn production at 14.7 billion bushels. Both numbers are within trade expectations. The average soybean yield is projected at 51.9 bushels per acre, which is unchanged from the September report. There was a slight drop in the average corn yield at 178.4 bushels per acre.

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