(NAFB) Typically, the December World Ag Supply and Demand Estimates report is a yawner with little movement expected. But that was not the case on Tuesday. Mike Zuzolo is president and founder of Global Commodity Analytics and Consulting in Atchison, Kansas, and he explains observers this time were watching for reaction to the tariff talk by President-elect Trump.
Zuzolo says the ending corn ratio shows improvement, but that was not the case across the board.
The December WASDE does have livestock ratios following corn.
Zuzolo says the WASDE is just the first of three potential price mover reports this week…
Mike Zuzolo is president of Global Commodity Analytics and Consulting.