First Thing Today
U.S., China reach deal to ease export curbs, keep tariff truce intact.
Soybeans tried to work higher amid corrective trade but buyer interest was limited.
U.S. negotiators are meeting with China and India, while USDA’s June crop reports are scheduled for Thursday.
Soybeans and winter wheat markets are poised to post weekly gains, while corn is lower for the week.
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.