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Soybeans surged higher overnight on hopes of a trade deal with China, with details coming later this week as President Trump and Chinese President Xi meet in South Korea.
Showers, thunderstorms in Midwest next couple days
Arlan Suderman says the U.S. is strengthening ties with Argentina to counter China’s growing influence — a global strategy that’s leaving many U.S. farmers and ranchers feeling sidelined.
Reaction to potential border opening, Argentina beef imports driven more by psychology than fundamentals: economist
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Beijing’s refusal to buy American and its pivot to Brazil could be less about economics and more to do with politics. “It’s a calculated decision about control and national leverage, not about getting the cheapest beans,” says one ag economist.
Trump announced yesterday that the United States is ending trade negotiations with Canada after the province of Ontario aired an advertisement featuring Ronald Reagan’s voice and remarks critical of tariffs.
Here’s how accelerated consolidation could change the way agriculture looks in the future.
Consolidation was seen across the grain and oilseed complex overnight following big gains on Thursday.