Producers are looking at African Swine Fever challenges in China in hopes it will create a boost in soybean price. But, Pete Meyer, Head of Grains and Oilseed Analytics with S&P Global Platts says to look at Brazil.
USDA says it may be weeks until farmers know just how much money they could receive with the new China trade aid.
AgDay has more on the AgriTalk interview between Chip Flory and Ag Secretary Sonny Perdue.
FAPRI’s baseline projections point to little change in net farm income over the next decade, which could lead to further erosion in the farm financial picture for agriculture. For 2019, FAPRI sees livestock receipts not boasting the numbers USDA currently projects.
Tim Lust, CEO of the National Sorghum Producers says China has virtually shut off imports of U.S. sorghum.
Tyne Morgan has more during this AgDay analysis with Tim Lust, CEO of the National Sorghum Producers.