FEEDSTUFFS PRECISION PORK Market Report – September 11

The news just can't get any more provocative, says Provimi senior
economist David Bauer in this week’s episode. As he points out,
it is a time of flocks of black swans - a human virus that has
changed the global economy and how we live our daily lives, fires
running through at least a dozen western states and we learned
that derecho is just another name for a hurricane. But all of
this pales to the historic significance of this fateful day in
history from just 19 years ago when planes were hijacked and
flown into the twin towers of the World Trade Center. We should
never forget. 

Pork exports saw 30,200 metric tons on a weekly basis this week,
that was down 44% versus last week, but just 3% below the
four-week average. Shipments were 33,600 metric tons, up 3%
versus last week and the four-week average. Bauer circles back
too to comment on the monthly exports from last week’s podcast
for a bit more discussion there. What else is making the news
this week? Bauer fills us in and takes a look at what’s
ahead. 

As Bauer points out, these are uncertain times and it will pay
dividends to be well-prepared. If you have questions on this
week’s recap or want to discuss something not covered, feel free
to ASK DAVE at David_Bauer@cargill.com.
Plan today for tomorrow’s success.


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