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The tariff rate on U.S. soybeans is as high as 56.5%, including goods and services tax (GST) and value added tax (VAT). This high tariff structure acts as a significant trade barrier for U.S. soybean exports to India.

Darren Frye, Water Street Advisory, says the 50 basis point interest rate cut by the Fed was anticipated but is friendly for the ag markets.

Farm equipment and technology news briefs for the week of September 15, 2024.

Picket-fence corn stands with photocopied plants – uniform stalks and ears – deliver high yields. Where crops are uneven, farmers need to take that into consideration as they make final yield estimates.

Kent Beadle, Paradigm Futures, says November soybeans are finally above the 50 day moving average for a number of reasons, including more talk of China business.

As corn and soybean growers get ready for harvest, they’re counting on high yields, given optimistic forecasts from USDA and the Pro Farmer Crop Tour. But will a hot and very dry final month of the season have an impact?

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Brad Kooima, Kooima Kooima Varilek, says the cattle market has just felt better the last week with cash finally bottoming and futures posting a higher weekly close.

Financial analyst says the next 48 days might be a good time to just ‘lay low and take a little off the table.’

The contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) is set to expire on Sept. 30.