UPDATE 1-Pro Farmer sees record U.S. corn, soy crops, but below USDA view

Bumper corn and soybean crops are expected in the United States this fall but the harvests will likely fall short of records projected by the U.S. government, according to estimates released on Friday from farm advisory service Pro Farmer at the end of its annual Midwest crop tour. Pro Farmer predicted that average corn yields will be 170.2 bushels per acre, or enough to produce a record 14.728 billion-bushel crop, at the end of a four-day tour of seven major production states in the Midwest.