This is Thanksgiving week in the U.S., and the markets will be closed that day. However, this holiday has other implications such as the following:
It is one of the busiest holiday travel periods of the year. It can be severely complicated by adverse weather because of winter conditions across the northern half of the country. It is always on a Thursday, which means Friday is a lame-duck day. Although markets will be open then, they will close an hour early with not many likely to be closely watching them.
Weather usually isn’t a factor for the markets during this time of year because growing season is done in the Northern Hemisphere and just getting started in South America. However, there seem to be more weather-related fact...
What You Need to Know Today: Wheat futures pulled back sharply after Russian President Putin said there was a “chance” for peace and an agreement to end the war in Ukraine. There is plenty of skepticism about the opportunity for peace in Ukraine, but that didn’t stop wheat fr...
President Trump has opened the door to 100,000 MT of beef lean trimmings (limited to HTS codes 0201.30.5091, 0201.30.5097, 0202.30.5091, and 0202.30.5097) from countries listed under the “Other Countries” TRQ effective 1 September. These imports would not be subject to the over-quot...
Key Takeaways: CHS and OCP plan to invest up to $450 million in a Louisiana phosphate fertilizer facility capable of producing more than 1 MMT annually, marking the first new U.S. plant of its kind in more than 40 years. The facility could reduce U.S. dependence on imported finished phosphate...