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Trump talks to Congress | Ukraine signals peace talks | China targets ‘around 5%’ GDP growth | Panama Canal
Trump wasn’t bluffing despite a lot of pre-tariff doubts
Corn, soybeans and wheat each faced follow-through selling pressure overnight in reaction to the start of trade wars with key trading partners.
Corn, soybeans and wheat faced followthrough selling overnight in reaction to the start of a tariffs war with major trading partners.
Based on our Crop Condition Index, all states except Kansas (unchanged) and Colorado (up 1 point) declined during February.
China, Canada retaliate | Mexico to respond today | More Trump tariffs expected
Corn inspections during the week ended Feb. 27 rose 185,000 MT from the previous week and landed near the upper end of analysts’ pre-report range. Wheat inspections rose modestly, while soybean inspections declined 183,000 MT.
Corn and soybeans are under light pressure with wheat futures higher to start the week. Cattle futures are lower with lean hogs mixed...