USDA shocked the market with the August World Agricultural Supply and Demand Estimate (WASDE), in particular the record corn yield of 188.8 bu., which was well above trade guesses and nearly 10 bu.
Controversy continues to grow across the U.S., and China is the primary target of the new rules. However, China doesn’t own the most farmland in the U.S., according to a new USDA report. It’s actually ...