President Soybean Chinese and European leaders know where President Donald Trump’s soft spot resides, and it is soybeans. During bilateral trade negotiations this week, Chinese Vice Premier Liu He announced that his country would be buying 5 MMT of American soybeans. There are many other interpretations of China’s intent, including the following:
The Chinese need the soybeans anyway, and the volume is still far less than they purchased before the trade war. China is purchasing them because it knows drought is going to greatly reduce the Brazilian crop this year. More would be purchased, but demand is down due to the African swine fever (ASF) outbreak in the hog herd. Chinese soybean purchases from the U.S. were declining...
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...
