Pro Farmer
China has confirmed that beginning November 10, it will suspend retaliatory tariffs but will retain the 10% levy and 13% tariff on U.S. soybeans.
The USDA has announced it will use its contingency fund to cover November benefits for the Supplemental Nutrition Assistance Program (SNAP), but only at a reduced level.
Overnight losses wiped out a majority of Monday’s gains
Grains mixed-weaker overnight on keener risk aversion
The U.S. is not typically a primary exporter to China