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USDA could lower production estimates
Analysts expect the USDA to lower U.S. production estimates Friday.
On average, corn is expected to be around 13.482 billion bushels, about 100 million less than last month, and soybeans are seen at 3.911 billion bushels, down around 20 million.
The USDA is also expected to reduce U.S. ending stocks projections.
The reports are out Friday at Noon Eastern/11 AM Central.
Tags: Commodities, Corn, Ethanol, Exports, Grains/Oilseeds, Soybeans, USDA, Wheat
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