News
The Trump administration announced a temporary reduction in tariffs on several categories of agricultural and industrial equipment, lowering the rate from 25% to 15% through the end of 2027.
Spending was mainly driven by increases in away-from-home
Ben Rand of Blue Line Futures says an unprecedented Western drought is shrinking crops, drying up wells, tightening hay supplies and accelerating cattle herd liquidation across the region
Corn, soybeans and wheat each favored the downside in overnight trade with wheat leading weakness.
U.S. to ease tariffs on ag machinery imports
USDA ‘good’ to ‘excellent’ readings come in slightly below expectations
As a ‘disconnect’ grows between macro-economic data and farm-level decisions, lenders urge transparency and proactive planning to bridge the gap in the current downturn.
Bill Watts and Lane Akre talk about what to expect from a potential summer rally in soybeans; Spencer Langford previews USDA crop condition ratings and the Pro Farmer Crop Conditions Index.
Soybeans led strength overnight while wheat reluctantly followed to the upside.
USDA expected to release first corn and soybean crop condition ratings of the year...