The ag sector is keeping a close eye on Brazil trade developments, with a sweeping 50 percent tariff set to take effect next month. And with the US being a main beef market for the country, many are speculating over the potential impact.
Steve Sothmann with DTB AgriTrade joined us on “Market Day Report” for a closer look.
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Expanded access could boost demand for U.S. exports.
Margins shift across the chain based on timing.
Strong beef demand is offsetting weaker cash cattle.