Japan might increase the amount of agriculture trade conducted with the U.S. through potential trade deal that was announced by President Trump following a meeting with Japanese Prime Minister Shinzo Abe.
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