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Zoetis claims it delivered its bird flu vaccine to USDA’s stockpile in 2016, following a bird flu outbreak in 2015; however, the company says USDA never tapped into the stockpile.
AgDay TV Markets Now: Matt Bennett with AgMarket.Net recaps the risk on day in ag markets, but says grains were also supported by weather and fund/technical buying after Nov soybeans and Dec corn held support.
Signs of an economic slowdown are flashing in the global diesel market, according to Bloomberg News.
From the potential for more cold weather later this week to additional moisture increasing chances for flooding in the upper Midwest, the forecast for the remainder of April could hold a few more surprises.
Fund buying with the risk on day and strong technicals support ag markets. Plus, grains watch weather and the Argentina strike. Cattle recover with higher cash ideas. More with Matt Bennett of AgMarket.Net.
Wheat and corn exports out of the Black Sea region are at risk again as Ukrainian officials say Russia is taking action to block inspections of ships under the Black Sea grain initiative.