What You Need to Know Today:
U.S. and Chinese officials are expected to discuss agriculture and non-tariff trade barriers ahead of Chinese President Xi Jinping’s visit to Washington later this month, potentially opening the door to additional U.S. agricultural purchases or improved market access. Diplomatic efforts to end the Russia-Ukraine war appear to be gaining momentum, with U.S. representatives expected to travel to Moscow and Kyiv for talks after Russian President Vladimir Putin indicated there may be a pathway toward a negotiated settlement. U.S. nonfarm payrolls increased by 162,000 jobs in August, well above expectations for a 53,000-job gain, signaling continued labor market strength and potentially giving the Federal Rese...
What You Need to Know Today: The U.S. dollar continued to strengthen Thursday as persistent inflation reinforced expectations for additional Federal Reserve interest rate hikes. Higher Treasury yields have helped support the dollar, potentially reducing the competitiveness of U.S. agricultural...
In yesterday’s WASDE, USDA reduced its overall red meat and poultry production forecast for 2026 as declines in beef and broiler output more than offset increases in pork and turkey production. Fourth-quarter beef production was revised downward because of slower fed cattle marketings and...
Key Takeaways: Dry bulk freight markets were stronger this week, but the rally was uneven and due to divergent dynamics across basins and vessel classes. Panamax markets were broadly higher, but Atlantic grain demand was primarily responsible while Asian activity was subdued. That trend...
