World food prices fell fractionally in November from the month before, as a sharp rise in sugar and vegetable oil values was largely offset by a fall in dairy, the United Nations food agency said on Thursday.
World food prices rose in February from the month before, as rising prices for staple grains and dairy products more than balanced out lower values for vegetable oils, the United Nations food agency said on Thursday.
The United States corn production forecast decreased to 14.63 billion bushels, down 152 million bushels from the October forecast. At 178.9 bu. per acre, the yield decrease of 1.8 bu. came in below pre-report estimates.
Host Chip Flory talks with Christine McCracken, Executive Director, Animal Protein for RaboAgriFinance, who explains additional slaughter capacity in the U.S. should help the hog market continue the price recovery
AgriTalk host Chip Flory gets the rundown from the guys at Pro Farmer. Editor Brian Grete, and new Sr. Market Analyst Jeff Wilson joined the show on Tuesday. Newsman Davis Michaelson covered the day’s action.
Last week’s “The Rest of the Story” ended with thinking there would be a surprise(s) in last Thursday’s report. There were surprises on all accounts: acreage of corn and soybeans as well as stocks as of March 1.