Brazil threatens reciprocal measures to Trump’s planned tariffs.
Traders failed to respond to strong weekly export sales reported near the end of overnight trade, signaling focus remains on weather.
Basis is better than average for SRW, but well below average for HRW.
The latest letters were sent to six countries, which are relatively minor trading partners.
Starting July 10, farmers who suffered eligible crop losses in 2023 and 2024 can apply for Supplemental Disaster Relief Program assistance.
Weather remains favorable, if not ideal, for crop development, while trade uncertainty also continues to hang over markets.

Pro Farmer Editors