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A new economic study paints a troubling picture of the potential results a renewed U.S./China trade war could have on farmers and the ag sector.
Randy Martinson, Martinson Ag, says corn and soybeans saw early pressure as both markets ran up into chart resistance which triggered fund profit taking.
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The Senate kicked off quietly as the House steals the spotlight to start 2025. Senate Majority Leader John Thune (R-S.D.) plans to pass individual appropriations bills and a farm bill as well as focus on regular order and extended floor debates.
Allison Thompson with The Money Farm says corn and soybeans both ran up into chart resistance and are seeing some profit taking by technical traders.
Sen. Katie Britt (R-Ala.) criticized the Biden administration for allegedly conducting secretive renegotiations of key trade agreements.