No Solution at G-20 Many are hoping that a meeting between Chinese President Xi Jinping and U.S. President Donald Trump at the end of this week at the G-20 meeting in Buenos Aires will bring an end to the trade war. Following are the two countries’ latest positions:
Chinese Deputy Commerce Minister Wang Shouwen announced that updates to the global trading rules will be acceptable if they don’t apply to his country. He said that China must continue to be treated as a developing nation with obligations commensurate with that status, including entitlement to special and differential treatment. There should be no discrimination against state enterprises. Meanwhile, he demanded new disciplines on rich countries’ agriculture...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
