Trade War Spin In addition to announcing that it will respond to U.S. tariffs with more duties on American goods, Chinese Commerce Minister Zhong Shan said:
China can achieve “high-quality” economic growth despite the toll exacted by tariffs - “China always holds on to the belief that bad things can be turned into good things.” “We suggest the U.S. return to rationality and not act impulsively, as it will eventually hurt itself.”
At this juncture, the evidence appears to be to the opposite. A New Trade Era Ahead Either to be the opposite of Donald Trump or out of recognition that losing the North American market would be harmful, there is more political support for NAFTA now than before...
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...