USDA ups expected record corn, soybean harvest

Published October 10, 2014 7:47pm ET



DES MOINES, Iowa (AP) — The expected record corn and soybean harvest will be slightly bigger than previously estimated, the result of late summer warmth that helped fill cornstalks with ears and soybean plants with bean pods, the U.S. Department of Agriculture said Friday.

Farmers are expected to bring in 14.5 billion bushels of corn, up 80 million bushels from the September estimate. It’s the third consecutive month the USDA has increased its estimate of the corn harvest as favorable weather helped the crops develop. And soybean farmers will harvest an estimated 3.93 billion bushels, up 14 million bushels from last month’s estimate.

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