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 could be included in the forthcoming announcement. Iran has proposed reopening the Strait of Hormuz and restarting nuclear talks with the U.S. within seven days if Washington agrees to conditions based on the previously collapsed June ceasefire agreement. Talk of a potential U.S. diesel export ban has widened WTI's discount to Brent to as much as $12/barrel, as traders weigh the possibility that export restrictions could leave excess diesel in the domest...
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...
August 2026 total red meat and poultry stocks totaled 2.01 billion pounds, down 0.5 percent from July versus the typical 0.3 percent monthly decline, but 0.9 percent above August 2025 levels. Total red meat stocks rose 0.8 percent for the month despite typically declining 0.1 percent and were 8...
