U.S. Corn and Soybean Production Down from September

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Corn and soybean production are down from September 2020, according to the Crop Production report issued today by USDA’s National Agricultural Statistics Service (NASS). Corn production is up 8% from last year, forecast at 14.7 billion bushels; soybean growers are expected to increase their production 20% from 2019, forecast at 4.27 billion bushels.
Source: USDA