WASHINGTON, D.C. (RFD NEWS) — President Donald Trump is scheduled to deliver a primetime address to the nation tonight, with investors and agricultural markets watching closely for potential policy announcements.
The White House has released few details about the 9 p.m. Eastern address, though administration officials have indicated it is expected to focus on election security and voting systems.
As traders await the president’s remarks, they’re also monitoring a number of global developments that continue to influence commodity markets, including ongoing tensions in the Middle East and the war in Ukraine.
Jeremy Zwinger, CEO of The Rice Trader and Farm and Trade Inc., says the uncertainty is creating additional volatility across the agriculture sector.
“The risk premiums are being put back in the market,” Zwinger said, pointing to rising oil prices and geopolitical instability as key factors influencing commodity markets. He added that conflicts involving Iran and Ukraine, along with broader political uncertainty, are making it more difficult for global markets to establish direction.
Higher energy prices can ripple through agriculture by increasing transportation, fertilizer, and production costs, as well as affecting grain and oilseed markets.