The USDA released the first projections for U.S. corn and soybean supply and demand in the 2020-21 marketing year on May 12.  The forecasts for soybeans showed higher ending stocks this marketing year with a substantial decrease in the next marketing year’s ending stocks.  While the prospects for this year’s crop come to the forefront, […]

Yesterday, USDA’s Economic Research Service (ERS) released its monthly Livestock, Dairy, and Poultry Outlook, which included updated information regarding U.S. pork exports.  Illinois is a leading pork producing State. In part, the ERS update stated that, “Since early April, COVID-19 infections have reduced laborforces in several U.S. pork processing facilities, causing plant throughput to slow and some plants […]