More farms do better when tax-loss benefits and asset appreciation numbers are figured into the equation.
USDA released its Weekly Crop Progress Report on Monday.
USDA export sales report showed improved week-to-week demand for soybeans.
The trade expected a drop in ratings.
USDA’s Weekly Export Sales Report shows strong demand for corn.
The Renewable Fuels Association made the announcement of Dineen’s replacement on Wednesday.
As the ratings drop, the growth stages of both crops race forward.
Soybeans plunged double digits on Friday after the U.S. Department of Agriculture lowered its outlook for exports and on fears of the ongoing trade spat between the U.S. and China.
On Thursday, the USDA released updated U.S. and world ending stocks and fresh U.S. crop estimates.
The USDA released its weekly Crop Progress Report that shows strong conditions for both corn and soybeans.