USDA’s supply/demand report shrunk the projected corn supply, influencing the price of feed moving forward. However, there is room for optimism. “We’ve had a big issue with drought in the last two years and we’ve had a record beef cow slaughter so the numbers continue to tighten,” said Bryan Strommen, market analyst, Progressive Ag Marketing. Strommen was included in the Tuesday RRFN market outlook forum at Big Iron.
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