A resurvey of farmers and their unharvested corn and soybeans resulted in USDA lowering its crop estimates for 2009. Corn was down 20 million bushels but still remains at record levels with a total of 13.1 billion bushels, according to the USDA March crop report. Analysts lowered the marketing year average corn price forecast by 20 cents based on the news. Soybeans also were down 2 million bushels to a little more than 3.3 million bushels; however, prices remained unchanged. Review the report. (USDA Daily Radio News)
