While China has seen some decline in consumer demand for pork, this is likely temporary, given that pork is such a longstanding and important staple of the Chinese diet. Does that leave opportunity for the U.S.?
According to a report from the United Nations, meat production is expected to fall for the first time in two decades because of pork production declines. Thee is still expected to be growth in chicken and beef.
U.S. pork exports recorded the highest-ever monthly value in November while U.S. beef export value took another step toward a likely full-year value record, according to data by USDA and compiled by USMEF.
Corn closed higher Friday, finding support above its 20 day moving average for the first time in 30 plus days. Soybean futures retreated back below their 100 day moving average dropping 0.5% on Friday's close.
January has arrived. Traditionally this is the time of year when people reflect on the year past and also think about changes that could be made in the New Year to move them toward their goals. As you make plans for thi