USDA's November supply-and-demand report delivered significant changes to American corn and soybean production estimates. Corn production is now forecast at approximately 15.9 billion bushels, down 141 million from October. The national average corn yield was lowered 1.6 bushels to 179.6 bushels per acre. USDA also reduced projected corn usage, exports and ending stocks, while lowering the season-average farm price ten cents to four dollars and sixty cents per bushel.

<p>By: NATHAN STUEDLE</p><p>USDA's November supply-and-demand report delivered significant changes to American corn and soybean production estimates. Corn production is now forecast at approximately 15.9 billion bushels, down 141 million from October. The national average corn yield was lowered 1.6 bushels to 179.6 bushels per acre. USDA also reduced projected corn usage, exports and ending stocks, while lowering the season-average farm price ten cents to four dollars and sixty cents per bushel.</p>

November WASDE shows higher soybean, lower corn production