USDA World Agricultural Supply & Demand Estimates

The United States Department of Agriculture increased the 2017-18 U.S. corn yield to a record 176.6 bushels per acre and forecast the 2017-18 corn production at 14.604 billion bushels.

The U.S. soybean yield was lowered .4 bushels per acre to 49.1 bushels per acre & the U.S. soybean production is estimated at a record 4.392 billion bushels.

U.S. wheat ending stocks were increased by 29 million bushels to 989 million bushels.

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