USDA Adjusts Corn and Soybean Production Forecasts

On Friday, the USDA revised its crop forecasts. Corn production is up, but soybean numbers are down. This change matches the acres sown for each crop. Moreover, the USDA cut its final stock estimates for corn and soybeans. Both fell short of what market watchers predicted. These updates could influence market dynamics, with U.S. growers […]