Today's US trade representative came out speaking harshly against China on failure to honor Phase 1 trade deal.
Today's US trade representative came out speaking harshly against China on failure to honor Phase 1 trade deal.
Wheat futures are sharply higher with corn values also higher, with soybeans reducing their losses as the day progresses.
The USDA crop created volatility again today for the market.
Mounted a recovery despite continual strength in the US dollar.
Higher interest rates overnight on the year cause a surge in the dollar, with commodity selling almost universal.
It's Monday and the beginning of harvest in corn futures are sharply higher, somebody wants to own corn.
Wheat has a 2nd day of big gains, today China is the source of that buying.
A Reuters story on EPA mandates being lowered for grains fails to create lasting selling.
China buys soybeans on their own bad news which likely is not so bad after soybeans broke on Monday.
Commodities in the financial markets were all sharply lower today, on Chinese woes.