Today’s USDA Report

We are watching two sets of numbers. First, what size are the 2019 corn and soybean crops now? Second, what will the USDA say about acres in today’s 11 AM reports? The USDA production estimates are likely to be higher than the current private trade estimates. However, projections are likely to move lower in future reports–especially if the dry weather pattern continues in the central Corn Belt.

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