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Balanced Reporting. Trusted Insights.
Saturday, May 28, 2022
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.
