Episode 1237: US August WASDE report forecasting increased corn and soybean production

The US Department of Agriculture (USDA) has published the August World Agricultural Supply and Demand Estimate (WASDE) report, which shows the latest outlook for increased corn and soybean production with corn being calculated at 15.1 billion bushels, up 47 million bushels from the July report, while soybeans are projected to be 4.6 billion bushels, up 154 million bushels.Senior Editor Mark Milam talks to Sylvia Traganida about the report and the current trends in the US market.