News
Yesterday, President Donald Trump publicly told U.S. cattle producers that they’ve been doing well thanks to tariffs on imported beef and that now the administration is floating increasing imports of beef from Argentina as a tool to bring down domestic beef costs.
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
Davis and Spencer tackle the news while Lane gives a look into a harvest survey done by Farm Journal.
Forecasts for temperature, rainfall and drought included
Corn and wheat futures are under pressure with soybeans higher. Cattle futures are sharply higher with lean hogs finding support...
Soybeans continue to lead strength with prices hitting the highest level in four weeks early this morning.