That has caused us to have nine consecutive weeks of lower LDP payments. China's planted acreage is predicted to be down 10 percent. World production looks to be 87-88 million bales. U.S. planted acreage estimates continue to rise. Billy Dunavant, Jr. raised his planted acreage and production estimates to 15.7 million acres and 19.2 million bales.
Exports are Good.
Excellent buying in choice boxed beef.