Source: FARM PROGRESS, 9/12/16

USDA on Monday raised its forecast for this fall’s soybean harvest nearly 3.5% to 4.2 billion bushels from the August estimate, which surprised traders who quickly sold Chicago soybean futures lower.The corn harvest forecast was trimmed to 15.09 billion bushels from the August estimate of 15.15 billion, but the latest number was...

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