CME: Changes to Forecasted Meat, Poultry Output Muted
US - Spreading drought conditions prompted a number of changes to the latest USDA estimates of corn, soybean and wheat production. But even as USDA reduced corn feed use by some 650 million bushels (12 per cent), the changes to forecasted beef, pork and poultry output were more muted, write Steve Meyer and Len Steiner.
13 July 2012
2 minute read
