Heated acreage debate in the US
Our second most read story last month covered the USDA's June estimates for domestic corn and soybean planting and grain stocks. The acreage debate heated up in the US in July after the planting report showed corn acreage at 91.7 million, which was a 3% increase from 2018. However, that report was criticized with analysts and farmers talking about huge uncertainty over planting rates due to the wet spring season.