Crop consultant Dr. Michael Cordonnier has left his left his U.S. corn and soybean production estimates unchanged this week and says he has a neutral bias toward both crops.
Dr. Cordonnier pegs the corn crop at 12.34 billion bu., with a yield of 147 bu. per acre. He pegs the soybean crop at 2.93 billion bu., with a 40 bu. per acre yield.