11. Muraro said he expects farmers throughout Brazil will consider planting more soybeans as a result of the tax changes, further reducing corn production. 12. New estimates for Argentine corn production are due this week from agriculture officials there as well as the U.S. Department of Agriculture. 13. New estimates for Argentinean corn production are due this week from agriculture officials there as well as the U.S. Department of Agriculture. 14. Questions remain, though, about how much corn production was lost to dry weather during July, particularly in key growing areas of central Illinois. 15. Recently, scientists at the Lamont-Doherty Earth Observatory in New York linked El Nino events to corn production in Zimbabwe. 16. The first day of the Pro Farmer Midwest crop tour confirmed that dry and hot conditions in July will reduce corn production in key growing states. 17. Analysts expected the Agriculture Department to reduce estimated corn production but leave its soybean crop estimate virtually unchanged in a report early Thursday morning. 18. Corn slid in part because of a crop estimate suggesting that corn production, like that of soybeans, might be higher than expected. 19. Dryness in the western corn belt and reduced corn production in Argentina underpinned the market. 20. Grain and soybean futures soared Wednesday on the Chicago Board of Trade after the U.S. Department of Agriculture reported a surprise cut in its estimate of U.S. corn production. |