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Sam Swanson with The Money Farm says soybeans are seeing short covering as U.S. Treasury Secretary Bessent said the possibility of extending a pause of import duties on Chinese goods for longer than three months exists if China halts its plan for strict new export controls on rare-earth elements.
Chip Nellinger, Blue Reef Agri-Marketing, says corn futures closed higher on technical buying and short covering after holding chart support and the spreads even tightened.
Market on the Move: Ag Markets Chop Around & Metal Markets Continue to Surge Higher Ft. Oliver Sloup
Oliver Sloup is on Markets on the Move as ag markets chop around and metal markets continue to surge higher. Tune in!
National Farmers Union (NFU) today sent letters to President Trump and Congressional leaders urging immediate action to provide economic relief for family farmers and ranchers facing worsening financial conditions.
A cattle-raising family is going all-in on drone application technology, and a side hustle spinoff business is in the works after finding success spraying their own pasture land.
Brady Huck with Advance Trading says corn and soybeans have been holding support and holding up well amid harvest pressure and the China trade woes.