Agricultural trade experts are voicing concerns about the destruction reciprocal tariffs starting April 2nd could cause to exports. Former USDA chief economist Joe Glauber calls tariffs a tax on consumers and points to putting duties on egg imports as a prime example. ”No way you could import any egg from Turkey if you’re going to…… Continue Reading
Soybeans were modestly lower on fund and technical selling, compounding what would have already been a week-to-week decline. Harvest is ongoing in South America, putting a lot of soybeans and eventually soybean products onto the market. The USDA’s updated supply, demand, and production numbers, and CONAB’s new estimates for Brazil are both out April 10th.…… Continue Reading