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Pro Farmer Newsletter-2020.jpgUSDA Reports Issued Today
USDA’s Crop Production and Supply and Demand Reports today will be the biggest keys to market direction this week. USDA expectations include:
  • Raise its U.S. corn crop estimate about 0.2% from an October projection to 15.05 billion bu., based on a Reuters survey of analysts.
  • Estimated average nationwide corn yield is expected to increase to 176.9 bpa
  • USDA is expected boost its estimate for the U.S. soybean crop to 4.484 billion bu., based on the Reuters survey.
  •  The average U.S. soybean yield is expected to be revised up to 51.9 bpa
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