Markets tumble amid China’s threat to impose export controls on rare earth minerals

The news immediately caused a drop in equities and commodities, with soybeans down 20 percent in a matter of minutes.

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.”

Related Stories
ASFMRA’s Tony Toso joins us with an update on California farmland values, ongoing market uncertainty, and key discussions shaping agriculture in the Golden State.
Recent USDA reports show a steady feedlot supply despite growing consumer demand for beef, ahead of typical seasonal summer trends.
As farmers and ranchers navigate rising input costs, lawmakers are considering a roughly $15 billion aid package to help, which would be tied to the spending bill for the war with Iran.
Lower costs improve competitiveness, but demand remains uncertain.
Policy clarity will determine the trajectory of soybean crush demand, but producers in Kansas have shown that expanding local crush capacity strengthens basis and marketing options.
Growing milk supply may pressure prices ahead.

LATEST STORIES BY THIS AUTHOR:

A Southern mac and cheese recipe that cuts like a casserole? Yes, please! The extra cheese is optional, but your family will thank you for it.
Paula Deen’s legendary Not Yo’ Mama’s Banana Pudding is an irresistible, easy, no-bake dessert recipe topped with decadent Chessmen butter cookies and a dollop of homemade whipped cream.