Corn Estimates Lowered But Still on Record Pace

USDA lowered its corn production and yield estimates by 2 percent compared to last month’s figures. The lowered figures still keeps U.S. corn production on record-setting pace, producing 50 million bushels more than the previous record set in 2009. The average yield was originally estimated last month at 165.0 bushels per acre compared to 162.5 bushels this month. (Brownfield) Read more.