Randy Martinson, Martinson Ag, says market reaction has been muted to possible 25% tariffs on Mexico and Canada and 10% on China on the first day of the Trump administration.

Trump’s ability to bypass Congress through executive orders provides him with a powerful tool to reshape SNAP and other welfare programs.

Mexico is making a strategic push to boost its role in global trade.

Kent Beadle with Paradigm Futures says soybeans built on Friday’s bullish reversal with talk China is looking for more U.S. soybeans. Cattle had a volatile session with a bearish Cattle on Feed Report and sorting through import restrictions on Mexican cattle due to New World Screwworm.

Brad Kooima, Kooima Kooima Varilek, says cattle futures shook off the bearish Cattle on Feed Report numbers with an announcement of New World Screwworm detected in Mexico. Soybeans built on the key reversal Friday on talk of China buying U.S. soybeans.

Tomm Pfitzenmaier with Summit Commodity Brokerage says farmers need to use the strong basis levels, especially on corn, to make some cash sales. However, there are options they can use to take advantage of a rally later on.

Key changes in estate and gift tax exemptions and valuation rules for 2025 offer expanded benefits, though some are temporary:

The question becomes whether threats of tariffs include barring used cooking oil imports outright or merely tariffing the product, especially from China.

The Department of Energy (DOE) released its SAF Grand Challenge Roadmap Implementation Framework, outlining strategies to produce 3 billion gallons of sustainable aviation fuel (SAF) by 2030.

There is evidence the supply-side of the 2024/25 balance sheets for corn and soybeans is still a moving target, which means there’s potential for more market volatility in the next six weeks. On the demand side, questions remain as well.