Weekly review for Grains

Rough week for Corn and Soybean because of Corn stock estimates and arrival of South American new crop in Apr and May. Started to talk about China’s bird flu 6 died. It happened in 2003 and 2004 also. Chicken Feed Industry was damaged a lot. It maybe one of factor for Soybean price for future if getting worse. However, at this stage, we have to consider other factors more like tornado or drought in production area.