Conventional wisdom suggests that trade wars have no winners. This was certainly the case during the early 1930s as import-export tariffs helped to usher in an era of economic protectionism widely blamed for the Great Depression. The years of 2018 and 2019 are prompting many in the financial community to believe that history may be… Read more.
2018 proved to be a big year for global tariffs. The trade standoff between the U.S. and China had a significant impact on international markets, affecting everything from agriculture to automobiles. The pork market was among the hardest hit.
Trade talks with China, NAFTA replacement, and production data determine how to trade April and June 2019 Hogs this week. Read full details from the Swine Times.
US grain and oilseed markets exploded higher last night on the open following the G-20 meetings over the weekend leaving price gaps everywhere you look. The meeting appears to have been a success as the message has been spun as positive by both sides.
Row crop markets are mixed in the overnight, as the USD trades unchanged amidst an evening of low volume. All 4 markets I cover for you come into this morning facing weekly losses although no real technical damage has been done in any market with the exception of KC Wheat.
US row crop markets are higher across the board this morning as high level talks take place between the US and China per China’s commerce department. Soybeans are leading the way higher on this news as January beans make a run at 900.
Global markets finished an eventful trading week last week with a mildly negative tone, as signs of progress in US/China trade discussions were followed by negative comments late last week that indicated both sides remained far apart. But there were some signs that…