USDA is set to unleash a slew of reports on Friday. From Crop Production to Winter Wheat Seedings, the reports will ripple through the markets. What impact could prices see after the reports are released?
The White House touted over the weekend and again on Monday that China will immediately start buying U.S. agricultural goods. Ag economist Wally Tyner warns with tariffs still in place, that may not be a reality soon.
Recent price support caused by a lower national yield forecast dissipated this week, as negative consumption news and improving weather for harvest appeared, says University of Illinois ag economist Todd Hubbs.