The USDA provided a torrent of new information on grain supply and price prospects for the coming year that will be pertinent to livestock producers. USDA-National Agricultural Statistical Service (NASS) updated its estimates of grain and oilseed harvests for 2019. The outlook for corn production was little changed from a month earlier. Industry expectations were skewed below the USDA production peg, which has been the norm this year as weather in August and September has favored crop development conditions.
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dlr 10-14-19