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U.S. corn, soybean harvests to be bigger than expected, USDA says

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Reuters: The U.S. Agriculture Department raised its already record forecast for U.S. corn and soybean harvests on Wednesday, with gains keyed by increased yield estimates in major production states. In Iowa, the top corn production state and the second-biggest for soybeans, the USDA raised the average soybean yield to 59 bushels per acre from 58. The Iowa corn yield view also was raised by 1 bushel per acre to 199.