News
Gains were seen across the grain and soy complex overnight with each surging to fresh for-the-move highs.
President Trump has implemented a temporary 10% global tariff on imports in response to the recent Supreme Court ruling, but several agricultural goods are off the tariff list.
Ahead of the 2026 USMCA review, President Donald Trump is considering replacing the trilateral pact with separate deals for Canada and Mexico, a shift that could reshape North American agricultural trade.
Wheat continues to see relative weakness, though prices continue to trade within last Friday’s range.
Price-spreads between proteins continue to widen, potentially incentivizing substitution
Warmer temps coming to the Plains, Midwest
U.S. feedlot inventory hits 11.5 million as the closure of Lubbock Feeders signals growing pressure from border disruptions and declining cow herd numbers.
Funds have been buyers across the ag complex, holding near record length in several products.
Corn, soybeans and wheat each traded in relatively tight ranges overnight following Monday’s big price swings.