What You Need to Know Today:
Chinese President Xi Jinping arrived at the White House today as part of a highly anticipated three-day visit to the United States, marking his first visit to Washington in eleven years. Trade is expected to feature prominently in discussions with President Trump, with agricultural purchases, tariffs, and China’s commitments to buy U.S. soybeans and other farm products among the issues being closely watched by agricultural markets. U.S. Treasury Secretary Scott Bessent said the United States and China have agreed to extend the Busan Agreement by two months, pushing its expiration to January 10. The extension effectively preserves the current trade truce between the two countries and provides additional ti...
What You Need to Know Today: Corn and soybean futures were lower to open the week, with funds still in control and in a selling mood. The upcoming WASDE report on Tuesday is also likely to feature larger corn and soybean stocks, which helped put grain futures on the defensive. Wheat futures we...
Key Takeaways: Currency exchange rates influence agricultural export competitiveness and producer profitability, even when underlying commodity prices remain unchanged. A weaker domestic currency allows agricultural exporters to receive more local currency for dollar-denominated sales, potenti...
Although inflation has remained elevated since the post-COVID surge, it steadily moderated until the past year. More to the point, today’s inflation looks very different from 2022, when the Consumer Price Index (CPI) peaked at 9 percent. During and after the pandemic, the M2 money supply...
Soybeans Brazil Last week was once again very quiet, with very few trades. There is little activity in Brazil's old-crop market, with virtually no old-crop offers remaining for November. Brazil's export lineup for November and December is currently much smaller than last year's. After exporting...
