Record Crops Likely

August 11, 2000

Agriculture Department reports due out this morning are expected to show record U.S. corn and soybean crops. A survey of analysts by Dow Jones Newswires showed an average guess of 10.196 billion bushels of corn and 2.948 billion bushels of soybeans.

Today, USDA releases the monthly Crop Production report as well as its World Agricultural Supply and Demand Estimates. When available, the Crop Production report can be accessed at http://usda.mannlib.cornell.edu/reports/nassr/field/pcp-bb/ and the supply-demand estimates are at http://www.usda.gov/oce/waob/wasde/wasde.htm