Items Tagged with 'World Agricultural and Supply Demand Estimates'

USDA lowered its forecasts for the soybean and corn harvests based on the latest conditions, but the cuts weren’t enough to raise the department’s price estimates for this year’s crops. The FAO Food Price Index hit 127.4 points last month, 2% above September and 5.5% above the level a year ago. 

The Agriculture Department on Thursday raised its yield estimates for corn and soybeans and predicted stronger production for both commodities in its November crop report.