USDA economist watching global grain production

USDA economist watching global grain production

The chief economist at the U.S. Department of Agriculture says global competition for corn and soybean production is being closely monitored.

Seth Meyer tells Brownfield Brazil is forecast to have a record corn and soybean production and planting pace is key.

“If that crop is early, it is more likely to be a better crop and if it is in late, it is more exposed to the end of rainfall for that second crop corn.”

At the same time, the U.S.