Although domestic demand for U.S. corn continues to be strong, export demand has been disappointing. What is impacting exports? What are the expectations for the winter months?
A shrinking U.S. supply, a falling stocks-to-use ratio and the uncertainty of a third-consecutive La Niña growing season in South America kept soybean prices elevated through harvest.
Distrust between the two countries is still high, but Xi’s approval of the delegation’s visit signals his intention to prevent the relations from going off the rails and to find a way to communicate.
Unions and railroads are back at the negotiating table. By law, Congress can intervene to impose an agreement if the two sides remain deadlocked. However, one union is now on schedule to strike Dec. 5.
