What You Need to Know Today:
The U.S. and Iran resumed missile strikes after a brief pause in fighting, raising concerns that the five-month conflict could expand across the Middle East. Jordan intercepted Iranian missiles, Kuwait reported a fatal strike, and drone attacks damaged two natural gas vessels at Egypt’s Damietta port, signaling a broader regional risk. Egypt reported that two ships at the port of Damietta were damaged in a drone attack. The port hosts a major LNG export facility and is a key trade hub. No one has claimed responsibility for the attack, but it is believed to have been carried out by Iran or an ally like the Houthis. As a major buyer of U.S. soybeans and wheat, any prolonged disruption to Egyptian logistics...
What You Need to Know Today: Headlines emerging from negotiations between President Trump and President Xi were relatively limited, with a more substantive announcement expected Monday. U.S. Trade Representative Jamieson Greer indicated that additional details related to agricultural trade cou...
The heat of summer is now transitioning into more moderate temperatures, and the next two months have the busiest marketing periods of the year for replacement cattle. Weather always influences the replacement cattle market, and the primary grain belt in the Southern Plains, where many cattle a...
Key Takeaways: Diesel accounts for about 64 percent of U.S. farm fuel spending. For farmers, the pressing question is what a higher price adds to each field operation. Iowa farm diesel averaged $5.50/gallon in September, compared with the $2.89/gallon Iowa State assumed for its February machin...
