The USDA released its latest World Agricultural Supply and
Demand estimates Tuesday.
University of Illinois ag economist Todd Hubbs viewed the
numbers as negative for corn and wheat, and mostly neutral for soybeans because
stocks were tightened slightly.
He says a possible demand factor for soy that hasn’t been
talked about much is the African swine fever outbreak in China and the impact
to bean meal.
Continue reading Outlook for soybean exports muddied by African swine fever at Brownfield Ag News.
