Source: PROGRESSIVE FARMER, 6/28/19


The 2019 June Grain Stocks and Acreage reports from USDA's National Agricultural Statistics Service (NASS) were certainly an eye opener. With most in the trade looking for another sharp fall in corn acres from the March intentions, the survey revealed a planted acreage number of 91.7 million acres (ma) -- 4.3 ma above the average estimate, and up 3% versus last year. In soybeans, while the pre-report estimate called for little change from March intentions...

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