U.S. grain, soybean supply adequate
The USDA reduced corn yield by 1.4 bushels per acre in the November WASDE report to 167 bushels per acre. With unchanged acres, this will give the United States a 13.66 billion bushel crop, down 119 million bushels from October.
Corn demand was reduced by 50 million bushels on exports, 25 million bushels on ethanol and 25 million bushels on feed. This was ...
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