The following report is an overview of the Global economic, political and crop situations as of March 13, 2019.
For most of the first three months of the 2019 season, traders were hoping that a new trade deal between the U.S. and China could increase demand for U.S. corn, DDG, ethanol and sorghum. Live Cattle futures advanced throughout February, while hogs and pork did not do so well.
Stock index futures put in a spectacular performance so far in 2019 after a dismal performance in December.
The key Chinese and Asian event over the last 30 days has been the trade war impact, which is spreading across Asia with Korea and Japan recording a further drop of manufacturing PMI. MARCH 2019 NEWSLETTER
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