News
The ongoing sideways to lower trend amid the ongoing data deficient government shutdown continues with corn and wheat pushing to fresh lows overnight.
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Thanks to the ongoing U.S. government shutdown, vital agricultural reports and export data have been suspended — leaving farmers and markets flying blind during harvest season.
Corn, soybeans and wheat each favored the downside in overnight trade despite comments yesterday that Trump predicted China would resume U.S. ag purchases.
U.S.-China trade tensions heating up
Most cattle classes tracked saw slight declines
Trading volume declined significantly during the last shutdown
Yesterday, Governor Gavin Newsom signed a bill that bans ultra-processed foods from the public school system, making California the first state to do so.
Wheat saw relative strength overnight, soybeans gave up a portion of recent gains and corn continues to trend sideways.
Abnormal dryness up 3% from a week ago