All U.S. major grain production estimates by the USDA are unchanged from last month's World Agricultural Supply and Demand Estimates report.
However, global production projections were up for wheat, corn, and soybeans.
Worldwide wheat production for the 2016-2017 season was raised 6.5 million tons, mostly credit to an 18 per cent jump in what was already forecast as a record production year in Australia.
U.S. wheat prices are unchanged from November. Producers are expected to receive between $3.60 and $3.80 a bushel.
The USDA says global corn production estimates are up by 9.7 million tons, to 1.33 billion.
Chinese numbers have been boosted based on a report from the National Bureau of Statistics, Brazil is reportedly looking at record highs.
Even after a record yield south of the border, American corn prices are up 5 cents on last month's projection. Farmers are getting between $3.05 and $3.65.
The WASDE report also notes global soybean yield estimates for 2016-2017 have increased by 1.9 million tons based largely on projected increases for Canada and India.
The season-average price this winter is up 25 cents on last month's suggested numbers, selling off the farm from $8.70 to $10.20 a bushel.
