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On Thursday, April 9, the US Department of Agriculture released its April World Agricultural Supply and Demand Estimates report. The prices of most agricultural commodities had been under substantial pressure going into the April report as the deflationary spiral caused by the spread of Coronavirus around the globe weighed on grain, oilseed, cotton, and meat prices since March.
However, over 7.6 billion people around the world require nutrition each day, and the agricultural sector of the commodities price provides the staples that feed the world. While the world suffered the tragic loss of life to