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Record US Corn and Soybean Yield Estimates Fail to Materialize

Posted

May 19, 2023

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Despite USDA formulating record corn and soybean estimates in its initial look at the 2023 production situation, grain markets are contending with the reality of vastly reduced yields as the season progresses. Due to bearish projections and lackluster demand, corn and soybean prices have collapsed. What’s the outlook for the crucial summer harvest period? Presented by @cmegroup

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Record US Corn and Soybean Yield Estimates Fail to Materialize · Bloomberg Television · Sentinel