Feedstuffs Ingredient market prices, 9/16/2020

U.S. beef industry needs additionally capacity to grow and weather challenges.

Consumption and trade providing favorable outlook for animal proteins.

Approximately $39 million to be invested in beef promotion, research, industry information and foreign marketing.

Crop quality for corn and soybeans trend even lower for the week ending September 13.

Per capita dairy consumption has risen 21% since 1975, when USDA first started tracking.

Colder, wetter weather in West had little impact on drought conditions in most areas.

Corn, soybeans and wheat volume all down slightly week-over-week.

Germany reportedly halted issuing veterinary export certificates to all countries except EU.

Updated: September 2020 WASDE: Corn struggles amid new crop demand cuts.