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Source: FARM POLICY NEWS, UNIV. OF ILLINOIS, 7/10/18
The Food and Agriculture Organization of the United Nations (FAO) recently published its biannual Food Outlook report that provides short-term forecasts for commodity production, trade and prices. Also this week, the U.S. Department of Agriculture updated its monthly trade database which provided more insight into agricultural trade prospects for this fiscal year. Meanwhile, recent news articles continue to focus on U.S. soybeans and the potential impacts of Chinese tariffs on exports. Today's update looks briefly at each of these three items. For more of this story, click here.
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