Later today, President Trump will meet with his Panamanian counterpart to discuss the Panama Canal.
We could get some clarity after a week of back-and-forth between the two countries.
“We’re going to meet with Panama on Friday about 3:30 in the afternoon by phone,” said Pres. Trump. “And maybe they’ll be some representatives that, you know, here or there, but we’re going to be talking to Panama on Friday, essentially, and they’ve agreed to certain things, but I’m not happy with it.”
Secretary of State Marco Rubio traveled to Panama on his first trip abroad.
This week, he announced that the country would eliminate fees on U.S. government ships. However, Panama’s President said that was not true and accused the U.S. of spreading lies. Rubio walked back his claim but did say that Panama is expected to eliminate the fees.
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Ethanol exports are expanding on strong demand from Canada and Europe, while DDGS shipments remain broad-based and supportive for feed markets.
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Shawn Haney, Host of RealAg Radio on Rural Radio SiriusXM Channel 147, joined us on Tuesday’s Market Day Report with the latest news from Canada impacting the ag sector.
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U.S. Trade officials announced new deals with El Salvador, Guatemala, Ecuador, and Argentina, as well as a steep reduction in tariffs on Swiss imports.
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China’s cost advantage with Brazilian soybeans and vague public messaging leave U.S. export prospects uncertain heading into winter.
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