USDA Lowers Corn Production Forecast, Raises Soybean Price Outlook

USDA lowers corn production forecast, raises soybean price outlook

The U.S. Department of Agriculture lowered its 2026-27 United States corn production forecast while raising projected soybean production and exports in its September World Agricultural Supply and Demand Estimates report.  The Sept. 11 report forecasts U.S. corn production at 15.8 billion bushels, down 213 million bushels from August. The reduction reflects a 2.2-bushel-per-acre decline in […]

USDA Cuts Corn Outlook, Raises Soybean Production Estimate

(NAFB.com) – USDA lowered its corn production forecast while slightly increasing its soybean estimate in its September Crop Production and World Agricultural Supply and Demand Estimates reports released Friday. USDA projected the national corn yield at 178.5

Soybean market seeing good price push

Whereas yield projections for this year’s U.S. corn crop differed from USDA and private analysts, which gave a boost to corn prices, projections for this year’s U.S. soybean crop are not that different. Still, soybean prices, like corn, have seen…