China is currently rattling all of the markets right now. A short time ago, President Trump said China is becoming hostile and is threatening to impose export controls around the globe, on rare earth minerals.
The news immediately caused a drop in equities and commodities, with soybeans down 20 percent in a matter of minutes.
RFD-TV’s Tony St. James and market analyst Arlan Suderman of Stone X provide action and discuss what President Trump calls “a grave miscalculation.”
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Scouts are finding a mix of strong corn and areas affected by drought and hail.
Aging farmers are bringing new attention to how family land will be transferred.
Producers near affected facilities may have to look farther from home to market their cattle.
Heat, Tight Margins Shape Agriculture Across U.S. States
Strong ethanol output continues to support corn demand, but rising inventories and weaker exports could limit further growth.
China purchased roughly 53 million bushels of new-crop soybeans as U.S. corn demand also remained solid.
