USDA’s higher-than-expected old-crop ending stocks figure pushed corn futures to a new low, but concerns about the possibility planting delays warded off followthrough selling. Meanwhile, negotiators appear to be nearing the end zone on a U.S./China deal, with trade talks with Europe and Japan likely to be the next focal point. China made some huge U.S. pork buys this week, continuing the trend of big price moves in the lean hog futures market.
Don’t wait for the mail. Find more on these topics and much more in this week’s issue, which you can download here.