Evening Report

A quick recap of the day’s top news stories tied to key market developments and any advice changes.

Japan has begun reviewing longstanding nontariff trade barriers in a bid to gain leverage ahead of negotiations.
Corn planting slips a little behind average.
While grain markets were strong this week, there are headwinds ahead.
Tariffs on China now higher than originally indicated by Trump.
The 90-day pause triggered broad market responses.
Trump’s latest tariffs are set to take effect at midnight ET.
USDA released its first crop progress/condition data of the spring.
Agenda is aimed at reversing the country’s nearly $50 billion agricultural trade deficit.
Hog herd unexpectedly contracts and producers give no indications of expansion.
This would come ahead of a broader tariff push expected on April 2.
Ukraine, Russia agree to Black Sea truce.
Trump’s ever-shifting trade policy sows more uncertainty as countries scramble to avoid reciprocal tariffs.
March 21, 2025
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