Items Tagged with 'Rich Nelson Allendale'

Corn and soybean prices fell Friday following USDA’s release of its latest World Agricultural Supply and Demand Estimates report, which projects a record soybean crop and “smaller supplies, larger exports, and reduced ending stocks” for corn.

The Agriculture Department raised its estimate for corn production to 15.1 billion bushels, a jump from its June projection of 14.8 billion, but slightly lowered its prediction for ending stocks, in its World Agricultural Supply and Demand Estimates report issued Friday.