USDA raises corn, soybean, wheat prices at Ag Outlook, expects acreage shifts

The USDA has raised prices for corn, soybeans, and wheat at its Ag Outlook Forum, partly because of acreage shifts. Chief economist Justin Benavidez reduced total planted acreage estimates by about 1.5 million acres for 2026. “The big story here, the swap between corn and bean acres, leaving us with about 94 million acres of […]

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