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Farmers and industry groups fear the duties will exacerbate already high input costs and could lead to shortages.
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Arlan Suderman, Chief Commodities Economist with StoneX, says corn and wheat saw pressure from weather, largely disregarding the positive news of EU tariff delays.
The media is always recounting scary stories about how the environment is supposedly getting worse. They rarely give us the good news—and in my area, the environment is getting better. We can see it with our eyes.
Pete highlights recent auction sales including a Bobcat skid steer and Kubota wheel loader, along with a handful of used John Deere machines that brought good returns. He also mentions an upcoming sale to keep your eye on.
The start of June could bring high heat and drier weather, which is a stark contrast from the forecast for the last week of May.