News
Tensions between the world’s two largest economies are heightening again in the ever-changing trade saga.
Cattle futures led strength today as traders shored up discounts to the cash market.
Cash soybeans remain well below last year.
Only four years since 1980 have not had a summer soybean rally.
Corn and soybeans opened higher overnight but struggled to hold onto gains, while wheat saw relative strength overnight.
Trump can offset tariff ruling with other tools.
The U.S. Court of International Trade ruled President Trump’s ‘Liberation Day’ tariffs imposed under the International Emergency Economic Powers Act were unlawful.
Cash cattle prices have posted a record high for five consecutive weeks.
India willing to offer other ‘deep’ tariff cuts to secure trade deal.
Grains saw relative strength overnight as crop conditions for corn, spring wheat and winter wheat were all below expectations.