The global balance sheets for corn and soybeans could be pared even further when USDA updates its supply and demand estimates next week.
U.S. Commodities president Don Roose points out the January 12th report will include final production totals for 2020.
“And I think there’s a fear in the corn market, as far as the yield, that it could shrink 1 to 2 bushels (per acre), we’ll see. Soybeans yield could shrink .3 to .5 of a bushel.
