Weekly Outlook: Corn Crop Overcomes Spring Flooding

US - The USDA’s August Crop Production report revealed prospects for a 2008 US corn crop of 12.288 billion bushels and a soybean crop of 2.973 billion bushels. Both forecasts were within the range of pre-report guesses, but the corn crop forecast exceeded the average guess by 350 million bushels.
calendar icon 13 August 2008
clock icon 2 minute read
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