US corn production up while soybean production down from September

According to the Crop Production report issued today by USDA’s National Agricultural Statistics Service (NASS), corn production is forecast at 15.2 billion bushels, up less than 1% from the previous forecast, but down 1% from last year; soybean growers are expected to increase their production 10% from 2023, forecast at 4.58 billion bushels.