Corn price futures for the July 2021 contract (December 2021 contract) increased from $4.68 per bushel ($4.31 per bushel) in early January to $6.56 ($5.57) for the week ending April 30.
Tyson expects fiscal full-year revenue of $44 billion to $46 billion.
Herd health challenges, rising feed costs and demand uncertainty causing producer apprehension.
Index reaches highest level since May 2014.
Unwarranted tariff and non-tariff barriers restricting U.S. from supplying pork to country.
Strong performance in many regions show logistical and labor challenges are improving.
Live cattle and feeder cattle contracts have shown substantial weakness through much of April.
The world is facing a shortage of feed grains, while wheat supplies are more ample.