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(NAFB.com) – USDA unexpectedly raised its corn production forecast Friday, projecting larger supplies than analysts anticipated in its October World Agriculture Supply and Demand Estimates. USDA increased its estimated national corn yield by 2.7 bushels per acre
Ahead of the crop production estimates report, trade pundits expected a reduction in the U.S. corn yield average, but the U.S. Department of Agriculture thought differently.