USDA lowered U.S. corn production to 13.7 billion bushels, raised the corn yield to 173.3 bushels per acre and lowered harvested acres slightly to 79.2 million acres. Soybean production is estimated at 4.27 billion bushels. Soybean acreage was cut to 49.5 bushels per acre. Winter wheat seedings were raised 11 percent from last year to 37 million acres.
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