Trade War Calculations The market remains uncertain about the potential outcome from this coming weekend’s meeting between the leaders of China and the U.S. because it is a calculation of the political and economic tipping point. Note the following:
Neither side wants a long-term economic decoupling. Trump must appear to have accomplished something; Xi cannot concede to a “contain” China prescription. China is making offers to improve its trading practices, but none address the critical problem of the government’s deepening involvement in the economy. Beijing made unfulfilled promises to former U.S. Presidents Bill Clinton and George W. Bush. Trump does not need an agreement this weekend, but he must have one...
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...
