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90-Day Pause and lower U.S. tariffs with China has avoided the Black Hole

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    90-Day Pause and lower U.S. tariffs with China has avoided the Black Hole

    Ag Commodity Corner+ Podcast
    90-Day Pause & lower U.S. tariffs with China has avoided the “Black Hole".


    A 90-day pause with China on tariffs down to 30% from145% has investors placing a premium on Trump promises.

    More U.S. trade with the Middle East was positive as Trump sign some more business for NVDA/AMD chips.

    Optimism over U.S. biofuel policy was driving soy oil futures higher but now pessimism over rumors that new RVO’s will be lower is futures lower and adding volatility to both soybean and canola futures.

    A possible U.S/ Iran deal was weighing on crude oil.

    And U.S. weather looks like it’s a drought buster into the 1st week of June especially for the U.S. Western Corn Belt.

    U.S.A. suspends the imports of Mexican cattle again over the ongoing screwworm disease and funds are now short corn while adding to their long soybean positions after a friendly USDA May new crop report.?
    ?

    #2
    Let's see if new ag Minister gets on china's ass about canola tariff?

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