The news just can't get any more provocative, says Provimi senior market analyst 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, there are at least 90 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 those.
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.