Soybean production is forecast at 4.46 billion bushels, down 3% from USDA’s October forecast. Yields are expected to average 51.7 bushels per acre, a decline of 1.4 bushels from the previous forecast.
The U.S. soybean crush likely rebounded in September to 5.623 million short tons, or 187.4 million bushels, analysts surveyed by Reuters estimated ahead of a monthly U.S. Department of Agriculture ...
Soybean yields were also cut, with the USDA projecting them at 51.7 bushels an acre. That is down from 53.1 bushels an acre projected in last month's report, and well below the forecast of surveyed ...