With the Trump administration’s focus on trade policy reform and restructuring, there is renewed interest in the U.S. Census Bureau’s monthly trade reports. An advanced look at the September data will be issued on 25 October, and the official release will be on 2 November. The data for the month of August, however, showed a mixed bag for the administration’s three-part objective of increasing U.S. exports, boosting gross domestic product (GDP) and creating a positive trade balance. The August trade deficit in goods and services was $53.2 billion, up $3.2 billion from July. For the year, it is $31 billion or 8.6 percent higher versus the same period a year ago.
A primary catalyst of the trade gap is the reduction in exp...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...