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USDA’s Acreage and Grain Stocks Reports have a history of creating big market moves and this year was no different. We highlight USDA’s planted and harvested acreage estimates on News page 4, while the breakdown of June 1 grain stocks are on the front page of the newsletter.

In the wake of the heavy flooding in the northwestern Corn Belt, there have been a lot of questions about USDA’s methodology for assessing crop conditions. We have the answer straight from the head of field crops at NASS.

Also in this week's issue:

Force majeure issued due to floods in NW Corn Belt
Producer crop comments
Crop condition updates
Cattle placements unexpectedly rise
Commodity charts & game plans
Much more!

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