USDA supply, demand shift to shake up market

USDA supply, demand shift to shake up market

USDA’s supply and demand and production estimates could be a mixed bag in Friday’s reports.

University of Missouri ag economist Ben Brown says traders seem to be expecting USDA’s yield estimate for corn to come in around 176 bushels an acre with some private estimates under 170 bushels.

But he tells Brownfield, he’s not there yet…

“Losses due to drought in the Western Corn Belt are largely being offset with good yields in the Eastern Corn Belt.

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