WASDE, election trigger bump in corn and soybean prices

But the increased prices are likely temporary because global production continues to grow, economist says.

Corn Soybeans Harvest
Michael Tatman | BigStock.com

Corn and soybean prices are rising this week after the U.S. election and a surprise cut to yield estimates by the U.S. Department of Agriculture (USDA). But the price increases seem unlikely to last, according to a University of Missouri economist.

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