What You Need to Know Today:
Iran warned that it will retaliate against the U.S. if American strikes target Iranian infrastructure, as President Trump has threatened to do next week if negotiations between the two nations do not resume. President Trump is scheduled to deliver a primetime address tonight focused on threats to the integrity of U.S. elections. The speech is expected to generate a significant partisan response and could influence the political landscape heading into the midterm elections, as Trump seeks to energize his core supporters while maintaining appeal among more moderate voters. The U.S. levied 25 percent tariffs on most Brazilian imports effective next week due to unfair trade practices. Beef will be exempt from the t...
Turkeys for Thanksgiving are typically placed this month. Turkey production has suffered from HPAI and other diseases for the past two years, and placements are still down overall. However, at more than 34 pounds per bird, overall production is being supported by heavier weights and increased p...
Key Takeaways: Continued domestic demand for soyoil in the U.S. will drive prices higher and create a firmer outlook for global soybean values and crush margins. U.S. soyoil prices are set to increase 13-16 percent over the next four months as the domestic demand expansion takes hold. Th...
Key Takeaways: Tensions in the Persian Gulf are further away than ever from being resolved, as the ceasefire has fallen apart completely and the U.S. and Iran are back to trading blows. Ships are still cautiously exiting the Strait of Hormuz but at a much slower rate than just a few week...
