Corn production for 2014/15 is forecast 363 million bushels higher at a record 14,395 million bushels. The corn yield forecast is raised 4.3 bushels per acre to a record 171.7 bushels. Corn supplies for 2014/15 are projected at 15,607 million bushels, up 826 million bushels from the previous record in 2013/14. Total 2014/15 corn usage is projected at 13,605 million bushels, up 170 million from last month. Continue reading Dr. Aaron Smith’s comments at USDA Supply & Demand Estimates and Profitability Outlook.