World Grain Report

Guy Allen takes a deep dive into the USDA's latest world grain supply-and-demand report released this week. He talks about tightening wheat, soybean and corn stocks in the U.S. and globally, and the expected impact of South American new-crop supplies coming onto the market, and lends his perspective on China's demand for grain imports, largely fueled by its expanding livestock production sector, and how long that demand might be sustained.