Corn and soybean harvests are coming to an end in the US

According to the USDA’s National Agricultural Statistics Service (NASS), 91% of corn and 95% of soybean acreage had been harvested by November 16. By the same date, the corn harvest had been harvested from 94% of the country’s acreage, while the soybean harvest had been harvested from 96% of the acreage over the past five years. According to USDA forecasts, this year’s corn harvest will reach a record 425.5 million tons. Soybean production will be below the five-year average of 115.8 million tons. Last year, the United States harvested 378.3 million tons of corn and 119.0 million tons of soybeans. Winter wheat ...