FC Stone has raised its U.S. 2016 Soybean production estimates to 4.386 billion bushels from October’s projection of 4.357 billion bushels on better yield recovery. FC Stone has also raised its forecast for U.S. 2016 Soybean productivity to a record 52.8 bushels per acre from 52.5 bushels per acre projected in its October report.
Information source: www.skymetweather.com