July 3, 2019: Dairy Week in Review

USDA released its planted acreage report at the end of last week, which shocked the market. USDA estimated planted corn acres at 91.7 million acres, up 3 percent from a year ago and well above trade estimates of 86.7 million acres. USDA projected soybean acres at 80 million acres, down 10 percent from a year ago and well below the trade expectations.

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