IARN — On June 30th the United States Department of Agriculture (USDA) released their Acreage & Grain Stocks Report. It was the first planting information we received since March and gave us a picture of demand going forward. While it was by no means earth-shattering, the soybean industry is taking a positive look at the news.
Mac Marshall is Vice President of Market Intelligence for the U.S. Soybean Export Council. He talks about what conditions helped play a role in the information we received and why it can be taken positively.
For more on this story visit the Iowa Agribusiness Radio Network.
Photo courtesy of the Iowa Soybean Association
