Evening Report
The new initiative is a key pillar of the Trump administration’s “Make Agriculture Great Again” agenda.
Powell resists pressure to cut interest rates as Fed remains data-dependent.
Corn and spring wheat conditions unexpectedly decline, soybean ratings unchanged.
A lot of court activity on biofuels, tariffs and EV mandates to close out the week.
The pace and timing of anticipated rate cuts will be determined by inflation readings, tariffs policy and geopolitics.
A look at diesel, fertilizer risks from Middle East tensions.
Soybean conditions unexpectedly decline.
Both events triggered significant market moves.
Markets remain focused on trade and policy events.
Talks could slide into a third day on Wednesday, if needed.