Source: Sara Schafer, AGWEB, 8/12/19

Ahead of the Aug. 12 USDA reports, traders and farmers expected this round of information to provide clarity to the unprecedented 2019 corn and soybean crops. Yet, this year’s August reports, which included more information than ever before, mostly created more questions. USDA pegs corn production for grain at 13.9 billion bushels. That’s based on a national average corn yield of 169.5 bushels per acre, 82.0 million harvested acres and 90 million planted acres.

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