Corn and soybeans set more contract lows on Thursday after USDA raised its estimates for U.S. corn and soybean production.
The corn harvest is now estimated at 14.4 billion bushels, up from USDA's August number of 14.032 billion, while soybeans are now estimated at 3.91 billion bushels, up from August's 3.82 billion.
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Farm Futures Senior Editor Bob Burgdorfer comes to Penton Farm Progress with experience as a reporter covering grain markets and other global news with Reuters, Inc. A journalism graduate from Kansas State University, Bob has also worked at daily newspapers and Knight-Ridder as a commodity reporter, covering grains and livestock. He has earned five writing awards for his coverage of Mad Cow Disease, immigration issues and other international breaking news stories.
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