The Closing Bell Wrap-Up is back after covering for WPI’s Bob Kohlmeyer last week. And what a week it was. The WASDE created a bearish selling party while the cattle and hog markets headed the opposite direction in a hurricane-fueled rally. Wall Street is higher as of this writing with the S&P 500 and the Dow slightly higher amid fading anxiety over the U.S.-China trade war. The dollar fell as investor sentiment improved regarding emerging/foreign economies and the risks they face. Crude oil prices are above $70/barrel as the EIA’s weekly data showed crude inventories falling to three-and-a-half year lows, marking the fifth weekly decline.
Corn December corn closed 2 ½ cents higher, reluctantly...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
