News
Dollar weakness has provided a cushion, but is a double-edge sword for U.S. farmers
The USDA is preparing to unlock more than $3 billion in assistance for American farmers that had been held up due to the shutdown. These funds — drawn from the Commodity Credit Corporation — were originally earmarked to help producers affected by plunging crop prices, soaring input costs and export disruptions tied to trade policies.
Corn, soybeans and wheat saw strength in the latter portion of the overnight session and went into the break trading higher.
Marketplace monitoring gold and silver price action
The senior senator from Iowa says the president ‘has to’ get an agreement made that will enable trade between China and the U.S. to resume.
Amid ongoing trade tensions, China imported zero soybeans from the United States last month, marking the first time since November 2018 that no U.S. shipments arrived.
Soybeans continue to see relative strength and traded above key technical resistance overnight.
Wet, windy and cooler in the upper Midwest