Monday, October 21, 2019 1:37PM CDT
Polly Ruhland, CEO of the United Soybean Board, proposed at the World Food Prize Symposium this week that U.S. protein industries should work together to build markets in developing countries. CEOs for private companies also suggested better collaboration was needed, going beyond just technology, to work for more demand-driven agriculture to feed the world.
December corn is up 2 3/4 cents per bushel, November soybeans are up 10 3/4 cents, and December K.C. wheat is up 5 1/4 cents.
Following the limited but supportive price moves Monday, trade is expected to remain generally sluggish through most of the morning Tuesday. Traders continue to focus on potential long-term meat demand and potential trade negotiations, but immediate issues are looming at the moment.