The USDA report was neutral at best for corn. Yes, they lowered the corn yield, but demand decreased almost as much, leaving carryout at 2.2 billion bushels. Historically, when carryout has been over ...
USDA’s most recent Farm Sector Income Forecast, released Feb. 7, anticipates a decrease in net farm income for 2023. U.S. net farm income, a broad measure of farm profitability, is currently forecast ...