It has been a wild week for the markets trying to digest all the changes with trade.
President Trump is asking for patience through all of this, but lawmakers are already taking action. This week, Senators Ron Wyden and Rand Paul issued a resolution to stop the tariff plan, saying only Congress has tariff authority.
Also up for debate is legislation to stop emergency tariffs after 60 days unless Congress decides otherwise. Both measures have bipartisan support.
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Corn and cotton gave the strongest signals this week, while soybean demand remained softer than in the previous report.
Reliance on vegetable imports remains uneven, with domestic production still anchoring several major categories.
StoneX’s Josh Linville discusses USDA’s efforts to boost domestic fertilizer production and his outlook on supply and prices.
Officials say the virus is not a food safety risk and does not affect humans
The Texas Department of Agriculture confirmed a New World Screwworm case about 119 miles from the Texas border, near Zapata, Texas, and north and west of the Rio Grande Valley.
Beef is leading the decline as slaughter drops and supplies tighten.
