– David P. Anderson, Professor and Extension Economist, Department of Agricultural Economics, Texas A&M University
USDA released its August crop report on the 10th with some real surprises for the trade. What was bad for the crop side was good for livestock producers.
Starting with corn, the report indicated a crop of 14.2 billion bushels, tied for the second largest on record (2014), behind only 2015’s 15.1 billion bushel crop. The estimated average yield was 169.5 bushels per acre. While yields were estimated to be below last year’s in the central and Western Corn Belt, yields were higher across the Continue reading Crop Report Helps Out Livestock