USDA Releases Shutdown-delayed Reports

The USDA backlog of reports delayed from the government shutdown overall provided a neutral outlook. USDA reported 2018 corn production at 14.4 billion bushels with a national average yield of 176 bushels per acre.  USDA says farmers harvested a record 4.5 billion bushels of soybeans, up 3% from last year, with a national average yield of 51 bushels per acre.