The Rosario Grain Exchange said 100,000 hectares of soybeans in Argentina’s core production area were lost due to “irreversible stress symptoms” after extreme heat that lasted two weeks.
The consumer price index (CPI) rose 0.2% in December instead of 0.3% as reported last month, the revisions of the CPI data published by the Labor Department showed.
USDA will begin issuing final Emergency Relief Program (ERP) payments totaling approximately $306 million to eligible commodity and specialty crop producers who incurred losses due to natural disasters in 2020 and 2021.
A bipartisan border deal and foreign aid package is likely to fail in the Senate this week due to strong opposition from former President Trump and leading House Republicans.
Former President Donald Trump hinted at imposing tariffs on Chinese goods exceeding 60% if re-elected, signaling a more aggressive stance towards China, which is the primary supplier of goods to the United States.
