November 11, 2020: Dairy Week In Review

This month’s USDA’s World Agricultural Supply and Demand Estimates report estimated the 2020-21 corn crop at 14.507 billion bushels, down 215 million from last month’s estimates. Average yields were reduced by 2.6 bushels to 175.8 bushels per acre, while corn exports are expected to reach an all-time high of 2.65 million bushels. The combined effect is expected to reduce ending stocks by 465 million bushels to 1.7 billion bushels. Read More