Ahead of the Open: Escalating U.S./China Trade Threats Lead to Grain Market Washouts; Livestock Lower

Posted on 06/19/2018 8:03 AM
Crop calls  Corn: Down 6-9 cents Soybeans: Down 20+ cents Wheat: 8-11 cents lowerz General Note: Trade-war escalation between the two biggest economies sent grains, crude oil, global stocks, and the Chinese currency lower to sharply lower overnight. China is vowing to retaliate "forcefully" against President Donald Trump’s threatened...