News
The Executive Order signed by President Trump Monday comes after years of farmer lobbying against phosphate duties, with Texas A&M estimating $6.9B in added costs since 2021 tied to sharply higher DAP fertilizer prices.
Wheat faced heavy selling overnight, giving up all of yesterday’s gain.
Grain markets heading into critical two-week trading period
Spotty thunderstorms in the Midwest and heavy rains in the Gulf Coast were the main precipitation events
Grains saw early gains overnight but turned lower going into the break.
Weather-market-scare window starting to close for corn market
Corn, soybeans and wheat each rose on corrective buying overnight.
Grain trading may be more subdued in coming days as traders await two key events