Treasury Secretary Pushes "Easier" Tariff Plan
Podcast: Grain Markets and Other StuffPublished On: Tue Jan 28 2025
Description: Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.Tariff Uncertainty ContinuesPresident Trump’s tariff plans remain unclear, with reports suggesting a gradual increase starting at 2.5%. 🌎 Meanwhile, Canada is preparing for potential tariffs on U.S. goods, with some politicians pushing for a united global response. 🇨🇦Brazil’s Soybean Crop UpdateBrazil's soybean crop forecast has been slightly reduced, and the slow harvest is affecting the second corn crop. 🌱Russian Wheat Prices RiseRussian wheat prices rose due to a limited supply. 🌾U.S. Export TrendsU.S. corn exports showed strength last week, but soybean shipments fell short of expectations. 🌽 Soybean shipments were down 26%, while wheat exports exceeded expectations. 📉JBS Enters the Egg MarketJBS has entered the egg market, acquiring a stake in South America's top producer. 🥚U.S. Corn Exports to MexicoThe U.S. exported corn to Mexico, continuing trade despite tariff threats. 🌽
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