First Thing Today
Traders’ focus is split between trade happenings, weather and geopolitics.
Ag part of trade deals that could be announced ‘soon.’
Wheat slumps amid improvement in crop conditions.
Corn and wheat traded higher overnight, soybeans are lower to start the week.
Corn, soybean and winter wheat markets poised for weekly losses, while spring wheat bucked the trend to trade higher.
The U.S. Court of International Trade ruled President Trump’s ‘Liberation Day’ tariffs imposed under the International Emergency Economic Powers Act were unlawful.
Soybeans mildly weakened during overnight trade.
Grain traders mostly focused on weather, but trade happenings remain on the radar.
Corn, soybeans and wheat poised to post strong weekly gains.
Crude oil futures are under pressure and the U.S. dollar index is firmer.