Pro Farmer Reaction to USDA Reports

USDA number crunchers once again surprised grain traders and farmers when the agency raised its yield and production forecasts for corn and soybeans.

The September forecast from USDA-NASS shows corn yields at 169.9 bushels an acre. It was 169.5 bu/acre last month. 

Soybean yields come in at 49.9 bushels an acre, up a half bushel from August estimates.

Pro Farmer Editor Brian Grete analyzes the higher production numbers impact on grain stocks.