A market analyst says there’s a lot riding on the supply
and demand numbers USDA releases Friday.
Global Commodity Analytics president Mike Zuzolo tells Brownfield he hopes the backlog of information answers a very important question.
“Whether the supply is dropping faster from old-crop United States soybeans (from) delayed harvest and Brazilian weather, versus the demand dropping faster when I’m hearing rhetoric a very big sow kill is underway in China numbering in the millions.”
The African Swine Fever outbreak is responsible for the shrinking
Chinese hog herd.
Continue reading A lot riding on USDA supply and demand numbers Friday at Brownfield Ag News.
