Bloomberg Television
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Record US Corn and Soybean Yield Estimates Fail to Materialize
Posted
May 19, 2023
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2,696
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May 19, 2023
2,696
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0:52Now PlayingDespite 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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