What You Need to Know Today:
The Personal Consumption Expenditures Index (PCE) rose 4.1 percent year-over-year, in line with expectations. Core PCE, which excludes volatile energy and food prices, rose 3.4 percent year-over-year, also in line with expectations. Bayer secured a favorable Supreme Court ruling that limits state-level failure-to-warn claims alleging its Roundup herbicide caused cancer. The decision represents a significant legal victory for the company and is expected to substantially reduce its outstanding litigation exposure. President Trump is asking Congress for $11.1 billion in financial assistance to farmers dealing with high fertilizer and fuel costs. Of that $11.1 billion, $1.1 billion would be allocated to Florida agr...
Key Takeaways: Despite rising cost pressures — including the recent run-up in fuel and energy costs — U.S. cow-calf producers are facing another year of record-breaking revenues and net returns for 2026. Cost pressures — particularly non-feed variable costs — and...
Key Takeaways: Despite little progress in a U.S.-Iran framework for a peace deal or an agreement itself, vessel transits are picking up in the Strait of Hormuz (SOH). On Wednesday morning, Kpler reported 31 verified vessel transits of the SOH in a positive sign of increased activity in t...
