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Egg producers told a House subcommittee on July 16 that USDA's proposed indemnity payment rates for avian influenza virus elimination and lost production are outdated and unrealistic. Sheep producers said the US-China trade conflict is hurting the market for sheepskins.
Indemnity rate disputes affect producer willingness to report and rebuild after outbreaks, and the sheepskin trade hit reflects tariff effects on US livestock byproducts, a modest demand issue for feed.
thefencepost.comThe Hagstrom ReportJul 17, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
