WASDE: Elevated Corn Use Strains Feed Supply as Mexican Border Closure Clouds U.S. Cattle Outlook

Line on Agriculture
The USDA's latest World Agricultural Supply and Demand Estimates (WASDE) report shows elevated numbers amid uncertainty about future demand. One market analyst notes that the U.S. is currently feeding 525 million more bushels of corn than last year, but this is unsustainable due to the Mexican border shutdown.