S&P Global lowers yield estimates for US 2025 corn and soybean crops

CHICAGO, Oct 2 (Reuters) – S&P Global Commodity Insights lowered its estimate of the average U.S. 2025 corn yield to 185.5 bushels per acre (bpa), the firm said in a client note on Thursday, down from its month-ago forecast of 189.1 bpa. S&P estimated U.S. 2025 corn production at 16.707 billion bushels, down from 16.768 billion last month. For soybeans, S&P forecast the average U.S. yield at 53.0 bpa, down from its September 5 estimate of 53.8 bpa. The firm put soybean production at 4.261 billion bushels, down from 4.306 billion bushels previously. (Reporting by Julie Ingwersen; Editing by Chris Reese)

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