Pro Farmer
The USTR proposal is a departure from its initial iteration, which suggested charging fees of at least $1 million per ship each time it called at a U.S. port.
Corn and wheat continue to trade in apparent bull flags on the daily bar charts.
Corn sales during the week ended April 10 jumped 99% from the previous week, while soybean sales more than tripled.
Corn, soybeans and wheat traded in narrow ranges overnight and were supported by strong export sales this morning, as each went into the break near session highs.
Corn, soybeans and wheat held in relatively tight ranges during a lightly traded overnight session.
Fed, WTO concerned with tariff impacts.
Strength was seen across the agricultural markets today despite volatility in outside markets.
Corn and wheat closed solidly higher, negating some of the weakness seen earlier this week.
Both cattle and hogs posted technical breakouts today despite fundamental weakness.
Corn, soybeans and wheat each rebounded from Tuesday’s selling pressure in the overnight session and went into the break near session highs.