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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The USDA noted that peanut edible utilization season-to-date is down 3% on the year, despite overall stocks increasing.
“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
Missouri Director of Agriculture Chris Chinn joined us Monday to share highlights from Secretary Brooke Rollins’ visit and her perspective on USDA’s new initiatives.
North Dakota Farmers Union (NDFU) President Mark Watne joined us Monday to share his perspective on the America First Trade Promotion Program and potential implications for producers.
Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.
