By: Jeff Kaprelian – Grains finished lower after the announcement of new tariffs yesterday. China immediately issued a statement saying they’d retaliate. As a result, November soybeans traded to a low of 864’4 and July fell to 841’4. We closed well off those lows, and there are a few reasons…
Commentary
Free Commentary
By: Dan Hueber – It is beginning to sound more and more like a school yard squabble to determine who is the strongest or smartest, while in reality, neither of the involved parties is showing the either of those attributes. After President Trump slapped tariffs on $50 billion worth of Chinese…
Daily Comments
By: Dan Hueber – It is beginning to sound more and more like a school yard squabble to determine who is the strongest or smartest, while in reality, neither of the involved parties is showing the either of those attributes. After President Trump slapped tariffs on $50 billion worth of Chinese…
Overnight Market Update
By: Kelley Fornoff – Not to be repetitive, but “tariff” is once again the big word of the day after President Trump announced plans for more tariffs against China last night and China has since responded, sending markets lower overnight. At the break, July corn is 7’4 lower at 348’4 and…
Afternoon Market Recap
By: Patrick McRae – Grain markets felt the net selling pressure but soybeans had a supportive close to end the day with the market making fresh contract lows in July briefly trading in the $8.00 area to close higher on the day. Crop conditions reports showed improvements with corn G/E…