US AGRICULTURE continues on an amazing productivity run. The last βive corn crops are the βive largest ever produced. The last four soybean crops are the four largest ever. Meat production exceeded the $100 billion mark for the βirst time. The question going forward for the markets is, “Will this streak continue next year?” USDA has provided its outlook for 2018 and the answer seems to be “Yes.”
Schulz, Lee L. and Hart, Chad
"USDA’s Projections for 2018,"
Agricultural Policy Review: Vol. 2018
, Article 3.
Available at: https://lib.dr.iastate.edu/agpolicyreview/vol2018/iss1/3