The current High Pathogenic Avian Flu outbreak has broken records since it began more than a year ago.
U.S. ag officials have spent $670 million dollars to try to get it under control. According to APHIS, the majority has gone to compensation for depopulated birds and eggs. The rest has gone to culling and disposal, personnel, state agreements, and field costs.
To date, HPAI has taken nearly 59 million birds and caused countless losses for producers.
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Export inspections showed continued strength in corn movement, while China remained a key destination for soybeans.
Allendale analysts say lower hog production has yet to generate the typical seasonal price movement.
Lewis Williamson with HTS Commodities discusses late-season planting progress, market fundamentals heading into summer, and the influence of biofuel policy on grain demand.
New livestock pest research in Texas could strengthen tools protecting cattle health, movement, and ranch profitability.
Corn exports are strengthening the trade outlook, but lower soybean movement and weaker demand from China remain major concerns.
