Today is the National Day of Mourning for Former President Jimmy Carter

Today, the nation is pausing to remember the late President and humble peanut farmer, Jimmy Carter.

It is the National Day of Mourning, with the former President’s funeral today. Carter has been lying in state in the Capitol Rotunda and is currently making his way across D.C. right now.

A National Day of Mourning means there will be shakeups in the markets. Equities are closed, with commodity markets wrapping up at 12:15 PM Eastern.

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USMEF CEO Dan Halstrom joined us on Monday’s Market Day Report for his analysis on the U.S.-Taiwan trade agreement, which includes big bucks for U.S. Beef.
Record U.S. sorghum crop faces weak demand as China slashes imports, while corn farmers warn of rising costs, shrinking margins, and global market pressures.
Fewer cattle on feed suggest smaller slaughter numbers this winter, which could support strong prices if beef demand holds firm.
Dairy farmers are expected to face strong output and export gains, but lower prices and tighter margins will persist into next year.
With the latest detection just across the border, animal health officials on both sides are intensifying efforts to contain the outbreak before it spreads further north.
Producers and processors should watch trade policy closely as tariff impacts ripple through seafood markets.