First USDA estimate for grain harvest 2019/20

USDA estimates cereal harvest 2019/20 only slightly above consumption level, but higher than last year's USA's much- anticipated initial estimate for cereal production in 2019/20 is estimated at 2,203 million tonnes, or + 3.7% higher Compared to the previous year. Based on its expected use, production is only 7 million tonnes or 0.3% above the current...