USDA Reports

USDA’S final crop production report of the year made some historic adjustments, including tighter soybean stocks. As a result, soybeans shot 60 cents higher in a matter of minutes, and corn traded up the limit.

Watch analysis of Tuesday’s USDA reports with AgriTalk’s Chip Flory, USDA Chief Economist Seth Meyer and others.

With just eight days left in EPA Administrator Andrew Wheeler’s term, RFA president and CEO Geoff Cooper weighs in on worst-case scenarios and his optimism about the new administration.

This month’s 2020/21 U.S. corn outlook is for lower production, reduced corn used for ethanol, smaller feed and residual use and exports, and decreased ending stocks.

Final 2020 crop numbers from USDA put the overall corn crop at 14.2 billion bushels and soybeans at 4.14 billion bushels, both below trade expectations.