date:Oct 12, 2012
U.S. farmers will raise a 10.7-billion-bushel corn crop this year, down a touch from last month's estimate and 13% lower than last year's production, according to Thursday's monthly USDA Crop Production report.
Soybean production's a different story; this year, farmers will raise 2.86 billion bushels, USDA said Thursday. That's up 9% from last month's estimate and, though down 8% from 2011, reflecting possibly slightly better growing conditions for the soybean crop later on during the growing s