Pro Farmer MAX
Trump to impose a 25% blanket tariff on all goods from Japan and South Korea starting on Aug. 1.
Ag scored some big wins, including higher reference prices, positive changes in crop insurance, a big boost in trade market development funding and a bevy of ag-friendly tax provisions.
Cattle futures shore up discounts to the cash market.
Rumors Trump could report progress on a trade pact with China fueled strong gains in soybeans today.
Strength was seen across the grain and soy complexes today.
Cattle futures led strength today amid corrective buying.
The bill includes several key ag provisions but still faces a difficult path as House and Senate Republicans must agree on a unified version.
Overall market reaction was muted in what i typically the most volatile trading day of the year.