The August World Ag Supply and Demand Estimates will include the first USDA yield estimates of the season. The August report has historically pushed the markets up or down significantly. In January, USDA predicted the corn yield at just under 171 billion bushels. Farm Journal’s AgWeb.com says most analysts agree that Thursday’s estimate will likely come in well under the …
DDG Prices at Lowest Point in a Decade
Recent trade tensions have hit the dried distiller’s grain market hard. Prices for the U.S. corn byproduct used in animal feed have dropped to the lowest they’ve been at for this time of year in a decade. Earlier this year, China imposed import tariffs on the product, slowing American exports to the world’s largest market. A Bloomberg Report says the …