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Good News In Grain & Bad News For 314,000 Turkeys

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Manage episode 381126248 series 3011013
Content provided by Saval Foodservice. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Saval Foodservice or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Corn closed at $4.81 a second week below $5, Harvest is 59% complete. Export demand is less than robust, I think we may have finally gotten away from $6 corn, at least for the foreseeable future. This is excellent news for the whole protein industry built around cheap corn. Soy harvest is 76% done and though there is some uncertainty on international demand, pricing is pretty steady at least right now. Wheat is surprisingly moving a bit lower, nothing too extreme but with holiday baking season at hand, I’m a bit surprised.

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140 episodes

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iconShare
 
Manage episode 381126248 series 3011013
Content provided by Saval Foodservice. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Saval Foodservice or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Corn closed at $4.81 a second week below $5, Harvest is 59% complete. Export demand is less than robust, I think we may have finally gotten away from $6 corn, at least for the foreseeable future. This is excellent news for the whole protein industry built around cheap corn. Soy harvest is 76% done and though there is some uncertainty on international demand, pricing is pretty steady at least right now. Wheat is surprisingly moving a bit lower, nothing too extreme but with holiday baking season at hand, I’m a bit surprised.

Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn

  continue reading

140 episodes

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