Corn futures were trading higher near midday after USDA, in a surprise move, trimmed its forecast for this year’s U.S. corn crop to 14.41 billion bushels. Analysts on average, including Farm Futures, expected a larger number. USDA raised its soybean forecast to 3.96 billion bushels, which was about as expected.
You can listen to Burgdorfer's mid-day report using the audio player below.
Farm Futures Senior Editor Bob Burgdorfer comes to Penton Farm Progress with experience as a reporter covering grain markets and other global news with Reuters, Inc. A journalism graduate from Kansas State University, Bob has also worked at daily newspapers and Knight-Ridder as a commodity reporter, covering grains and livestock. He has earned five writing awards for his coverage of Mad Cow Disease, immigration issues and other international breaking news stories.
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