According to one industry expert, the Canadian dairy industry "won't skip a beat" without NAFTA. Other protein groups stand to suffer without trade benefits.
For the first time in 10 years China is expecting to drop dairy imports, thanks to a growing domestic dairy industry.
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Projected U.S. 2017/18 ending stocks are lowered 25 million bushels due to increased exports.
Soybean production is forecast at 4,425 million bushels, down 5 million due to a fractionally lower yield.