U.S. corn and soy crops wilt during hot and dry summer

The drought-hit corn and soybean crops are smaller than expected, said the government on Monday, slicing 451 million bushels from its estimate of the corn harvest and 152 million bushels from its soybean forecast. The revisions reduced this year’s crops to also-rans instead of contenders for the record books. The soybean crop, at 4.378 billion… » Read More

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