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.