BISMARCK, N.D. (AP) — The U.S. Department of Agriculture has released new estimates that may put to rest fears about a wet harvest season hurting wheat, corn and soybean crops.
Late-season rains had delayed harvest of small grains in many areas, raising concerns about whether farmers' record crops might die in the fields.
But U.S. Department of Agriculture crop estimates released Tuesday show little change over the past month. Analysts now expect little — if any — changes in prices for either farmers or consumers.
Total production of all types of wheat, as well as oats and barley are almost unchanged from September estimates. And the new figures for corn and soybeans vary only slightly from the Agriculture Department's Oct. 9 report.
