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: New World screwworm is back in the headlines after new cases were found in a hunter-harvested elk in Texas and a beef cow in New Mexico. The detection in wildlife could further complicate containment efforts, as implementing effective biosecurity measures is consid...
Cattle on Feed Expectations USDA’s monthly Cattle on Feed report that will show cattle inventory statistics as of 1 October will be released tomorrow, 23 October. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 100.3 percent of last year, which imp...
Key Takeaways: Dry bulk markets remain mixed with Capesize rates turning around from their recent weakness and posting solid gains on improved Chinese demand. Panamax vessels, on the other hand, saw rates decline amid greater tonnage availability in the South Atlantic and falling U.S. Gu...
