U.S. grain futures climbed across the board Monday after U.S. and Mexican leaders confirmed a delay to a tariff announced by President Trump over the weekend; Canada later secured a similar pause.
He is hopeful after that some selling pressure will be taken off the grain markets ... levels in Brazil are running well under U.S. prices. And the market has continued to ignore lower production ...
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Trump has suggested duties as high as 25% on goods from Mexico and Canada and up to 60% on Chinese imports. Such measures would have profound implications for US farmers, as Mexico, Canada, and China ...
Randy Koenen of Red River Farm Network and Randy Martinson of Martinson Ag Risk Management break down the incoming tariffs and what they mean for ag markets on the Agweek Market Wrap.
Iowa-based Landus, one of the largest U.S. grain cooperatives, on Monday will urge farmer customers to sell, CEO Matt Carstens said. "We're looking at tariffs and the loss of the China market ...