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1. Soybean, Grain Futures Little Changed Overnight Soybean and grain futures were mostly little changed as investors weigh the effects of tariffs imposed by the U.S. and its trading partners. U.S. President Donald Trump last week announced a blanket 10% tariff rate on goods from all countries and higher rates on others. China, the world’s largest importer of soybeans, will face a 54% tariff rate starting April 9, according to data from the White House. Other countries including Japan and the UK also saw higher rates. Beijing retaliated by imposing a 34% tariff on all imports from the U.S. and…
Babysitting a 4-year-old boy is not for the faint of heart nor for anyone who hasn’t spent at least six months training for a triathlon. Toddlers are perpetual motion machines. In addition to constantly being on the move — a toddler never walks when he or she can either skip or run — preschoolers seem to think that they should always be humming or singing or simply making some sort of noise. Just watching a toddler is exhausting; keeping up with one should be classified as an Olympic event. My wife and I babysat our grandson while our son and…
The March World Agricultural Supply and Demand Estimates (WASDE) report showed U.S. corn and soybean ending stocks unchanged while wheat stocks were revised slightly higher due to weak export demand. The April WASDE report is due Thursday, April 10. Ahead of the new report, here is what farmers need to know about the corn, soybean, and wheat markets, and what Grain Market Insider will be looking for in the updated balance sheets. Corn Market Expectations U.S. corn carryout for 2024/2025 was left unchanged at 1.54 billion bushels on the March report. World ending stocks were lowered from 290.31 million metric tons…
Since the COVID-19 pandemic, Americans have been experiencing the sting of increasing prices in almost every aspect of life — most notably at the supermarket. Meat, specifically, has been considerably more expensive, frequently surpassing the overall rate of food price increases. With ongoing inflation, shifting political scenes, and altering consumer confidence, researchers have been attempting to learn more about how individuals’ financial conditions influence the way they purchase and consume meat. The most recent Meat Demand Monitor report, the first quarter of 2025, throws more light on this relationship. In plain language, the study looks at how people’s feelings about…
Today USDA released the first Crop Progress report of the season. Corn Planting Progress USDA said as of April 6, 2% of this year’s corn crop has been planted in the top 18 corn-growing states. That’s on track the five-year average of 2%. According to today’s report, corn planting has begun in six of the top 18 states: Kansas: 4%Kentucky: 1%Missouri: 6%North Carolina: 6%Tennessee: 3%Texas: 59% This time last year, seven states had started planting corn — Illinois, Kansas, Kentucky, Missouri, North Carolina, Tennessee, and Texas. Oat Crop Progress Across the nine top oat-growing states, 31% of planting is complete,…
Mexico has recorded its first human case of H5N1 avian influenza, also known as bird flu, the country’s health ministry announced Friday. The disease was found in a 3-year-old girl from the northern Durango state, who is seriously ill and hospitalized. The health ministry reaffirmed that there is no current evidence to suggest persistent human-to-human transmission of the virus. The World Health Organization has stated that the risk to the general public is low. H5N1, a highly pathogenic strain of avian influenza, has spread globally in animals since 2020, causing extensive outbreaks in commercial poultry and sporadic incidence in other…
By Liz Lee BEIJING, April 7 (Reuters) – Threats and pressure are not the right way to deal with China, a Chinese foreign ministry spokesperson said on Monday after describing U.S. President Donald Trump’s “reciprocal tariffs” as bullying. The tariffs are “typical unilateralism and protectionism, and economic bullying”, spokesperson Lin Jian told a regular press conference. He said that U.S. tariffs in the name of reciprocity only served its own interest at the expense of other countries. Last week, Trump introduced an additional 34% tariff on Chinese goods as part of steep levies imposed on most U.S. trade partners, bringing the total duties on China…
The rodeo world is grieving the loss of professional bull rider Dylan Grant, who died after sustaining fatal injuries during the Wharton County Youth Fair Xtreme Bulls event in Wharton, Texas, in front of 2,500 spectators. Grant, 24, was bucked off and then trampled by a bull during the second round of competition on April 3. According to a statement from the Professional Rodeo Cowboys Association, medics at the event immediately responded and transported him to a waiting helicopter. He was flown to Memorial Hermann-Texas Medical Center in Houston, where he later succumbed to his injuries. Grant’s alma mater, the…
Ahead of 9:30 a.m. CT, May corn was up 6½¢ at $4.66¾ per bushel. May soybeans were up 12¢ at $9.89 per bushel. May wheat contracts were also higher. CBOT wheat was up 16¼¢ at $5.45¼ per bushel. KC wheat was up 13¼¢ at $5.70¾. Minneapolis wheat was up 11¼¢ at $5.95¾. Naomi Blohm, senior market advisor at Total Farm Marketing, said the shock of the tariff announcements from the White House last week may be factored into the grain markets for now, barring any new developments. “The collapse in the stock market will force Trump to begin trade negotiations…
Top Third Ag Marketing helps farmers become better agricultural marketers with the goal of marketing crops and livestock in the top third of prices. Mark Gold and his team provide AGDAILY.com with the latest information and a look ahead in their audio commentary. Listen here! https://www.agdaily.com/wp-content/uploads/2025/04/Top-Third-AgDaily-2025-04-07.mp3 The post Markets in Minutes: Top Third looks ahead for week of April 7, 2025 appeared first on AGDAILY.