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Shining Light on Farm & Food Policy for 20 Years.
Monday, January 20, 2025
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.
American farmers are going to be producing more corn and soybeans than expected this year, which will mean lower expected prices for the crops, according to a new USDA forecast that boosted the department’s predictions for yields in both crops.
A cold, snowy April could challenge farmers and their suppliers, but if the warmer forecast holds and new technologies can help, producers should be able to stick with their planting intentions.
