Markets have been trending lower this week and while soybeans and SRW teased lower numbers this morning, both ultimately turned around and left corn and soyoil the lonely losers for the day. HRS continued to bounce on the lower crop rating early this week. In contrast to SRW and HRW, HRS is up thus far this week. USDA’s Export Sales report is delayed until tomorrow due to Monday’s holiday. Modest sales are expected.
Tariff Volatility: The U.S. Court of International Trade ruled against the Trump Administration’s reciprocal tariffs, but then the U.S. Court of Appeals for the Federal District said they could stay as litigation proceeds. There are ALSO other tools that could be used to stem imports. More importantly, t...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
