The United States has secured two deals involving the Panama Canal after months of back and forth over the key waterway.
In last night’s cabinet meeting with the President, Secretary of Defense Pete Hegseth shared that the Panama Canal Authority has agreed to allow U.S. military vessels to pass through first and free.
A memorandum of understanding has also been signed between the two countries to secure the Panama Canal from Chinese influence.
A military base for both the U.S. and Panama has been established, the Defense Secretary went on to describe Panama’s President as very complimentary of the U.S., calling him a great ally.
More than 40% of the United States container traffic, worth nearly $270 billion, passes through the canal each year.
Traders say that shift could eventually prompt the USDA to scale back soybean export projections, noting the outlook differs greatly for other grain commodities.
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The changing political climate in America is leading to a drop in migrant crossings near the U.S.-Mexico border, where ranchers like Dr. Mike Vickers say they witnessed horrors from death to child trafficking.
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Corn and soybean exports continue to anchor weekly inspection totals, with China maintaining a visible role, while wheat and sorghum remain more dependent on regional and seasonal demand shifts.
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Rail continues to carry a larger share of the grain load, increasing sensitivity to rail capacity, labor, and pricing conditions.
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