January 28, 2025
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Tariff Uncertainty Continues
President Trump’s tariff plans remain unclear, with reports suggesting a gradual increase starting at 2.5%. 🌎 Meanwhile, Canada is preparing for potential tariffs on U.S. goods, with some politicians pushing for a united global response. 🇨🇦
Brazil’s Soybean Crop Update
Brazil's soybean crop forecast has been slightly reduced, and the slow harvest is affecting the second corn crop. 🌱
Russian Wheat Prices Rise
Russian wheat prices rose due to a limited supply. 🌾
U.S. Export Trends
U.S. corn exports showed strength last week, but soybean shipments fell short of expectations. 🌽 Soybean shipments were down 26%, while wheat exports exceeded expectations. 📉
JBS Enters the Egg Market
JBS has entered the egg market, acquiring a stake in South America's top producer. 🥚
U.S. Corn Exports to Mexico
The U.S. exported corn to Mexico, continuing trade despite tariff threats. 🌽
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