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INTL FC Stone analyst Arlan Suderman says markets continue to erode while awaiting a US-China trade resolution, with a large soybean carryout and reports that Chinese hog feeding could be down 20%. He suggests corn could lead grains higher because most non-US corn markets run on just-in-time supply.
Lower Chinese hog feeding reduces soymeal and feed demand, while corn may firm if global supplies stay tight, affecting feed input costs.
realagriculture.comRealAgriculture News TeamMar 2, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
