Trump administration floats major tariff rollback in talks with China ahead of talks.
Monday’s reports will include USDA’s initial winter wheat production estimate and new-crop corn and soybean production projections based on March planting intentions and trendline yields.
Corn, soybean and most wheat prices are under year-ago.
Beef and ethanol prominently mentioned in the deal.
Price action across the agricultural markets was a bit of a mixed bag today.
Corn continues to fall under pressure, falling to the lowest intraday level since Dec. 6.
The live and feeder cattle futures bulls are keeping their foot on the gas amid strong cash market fundamentals.
This is the first bilateral trade deal announced since Trump began slapping tariffs on U.S. trading partners.
2023-2024 Supplemental Disaster Assistance

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