The U.S. Department of Agriculture (USDA) has increased its most recent estimate for this fall’s corn and soybean crops. The latest estimate for corn is a record of 14.475 billion bushels. This is a 3.9% increase over the previous record crop of 13.925 billion bushels in 2013. The average yield is estimated to reach 174.2 bushels per acre. The USDA estimated that farm-gate prices will average approximately $3.40 per bushel for this year’s crop. The soybean crop is estimated at 3.927 billion bushels which is 17% larger than last year’s crop of 3.358 billion bushels. Yields are forecast to reach a record 47.1 bushels per acre. The USDA is estimating an average of $10 per bushel for soybeans.