Lower corn, soybean plantings projected

Lower corn, soybean plantings projected

Market expected outlook to show increase soybean plantings.

THE early 2015-16 outlook for grains and oilseeds reflects lower prospects for prices and producer returns due to large domestic and world supplies of wheat, corn and soybeans, according to the "Grains & Oilseeds Outlook" the U.S. Department of Agriculture released recently at its annual Agricultural Outlook Forum.

USDA projected lower commodity prices in the 2015-16 marketing year: $3.50/bu. for co

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