Pro Farmer
Price action across the agricultural markets was a bit of a mixed bag today.
Corn continues to fall under pressure, falling to the lowest intraday level since Dec. 6.
The live and feeder cattle futures bulls are keeping their foot on the gas amid strong cash market fundamentals.
This is the first bilateral trade deal announced since Trump began slapping tariffs on U.S. trading partners.
Soybeans led overnight strength as optimism surrounding this weekend’s talks between the U.S. and China lifted prices, while corn and wheat reluctantly followed to the upside.
Soybeans led a round of gains in the grain and soy complex overnight ahead of an expected trade deal with Britain and upcoming U.S., China talks.
2023-2024 Supplemental Disaster Assistance
Both remain well below average.
Fed in no hurry to adjust interest rates as it monitors tariff impacts.