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Bessent Provides Some Details of China Purchases of U.S. Soybeans and Market Pops Higher What U.S. and China agreed to and key questions to be answered Link: Early Chinese Soybean Buys May Signal Thaw, Not DisappointmentLink: Fed Cuts Rates, To End Balance Sheet Runoff as Shutdown Clouds OutlookLink: Senate Finance Panel Grills USTR Nominee on…

Early Chinese Soybean Buys May Signal Thaw, Not DisappointmentAnalysts caution against reading too much into modest COFCO purchases ahead of Trump/Xi summit China’s COFCO has purchased three cargoes of U.S. soybeans — the first confirmed Chinese buys for this season — ahead of Thursday’s meeting between President Donald Trump and Chinese President Xi Jinping in…

Senate Finance Panel Grills USTR Nominee on Argentina, China, Soybeans, Sorghum, Cotton, Wheat, Potatoes & MeatCallahan defends reciprocal trade approach amid bipartisan criticism over beef imports and soybean market losses Dr. Julie Callahan, President Trump’s nominee to serve as Chief Agricultural Negotiator at the Office of the U.S. Trade Representative, faced pointed questions from senators…

Mexico, U.S. Advance Talks on Cattle Border Reopening — But No Date Set Berdegue says progress made with USDA’s Rollins on sterile fly production; NWS Chiapas plant key to lifting restrictions Mexican Agriculture Minister Julio Berdegue said after a virtual meeting with USDA Secretary Brooke Rollins that while discussions advanced on reopening the U.S. border…

China Purchases First U.S. Soybeans of Season Fed watch today | Senate vote against Trump’s Brazil tariffs going nowhere in House Link: Bipartisan Backlash Builds Against Trump’s Argentina Beef PlanLink: Senate Judiciary Committee Hearing: Competition in Seed & Fertilizer IndustriesLink: Video: Wiesemeyer’s Perspectives, Oct. 24Link: Audio: Wiesemeyer’s Perspectives, Oct. 24 Today’s Updates: UP FRONT— Markets, Fed, Gov’t shutdown…

🌦️ Weather 🌾 Grains 🐂 Livestock 💰 Financials 📅 Today’s Calendar (Central Time) Tommy Grisafi Nesvick Trading Group, LLC 424 Church Street, Suite 1330 Nashville, TN 37219 615-988-1882 (office) 219-477-9167 (cell) tommyg@nesvick.com Disclaimer : Futures trading involves risk of loss and is not suitable for everyone

Bipartisan Backlash Builds Against Trump’s Argentina Beef Plan Trump’s plan to expand Argentine imports and financial aid sparks rare pushback from both GOP farm-state lawmakers and Senate Democrats The Trump administration’s proposal to dramatically expand beef imports from Argentina has triggered sharp opposition from cattle-state Republicans, Senate Democrats and rancher groups, who argue the move…

Senate Judiciary Committee Hearing: Competition in the Seed and Fertilizer IndustriesLawmakers and witnesses warn that consolidation and tariffs are driving record farm costs and threatening U.S. agricultural competitiveness The Senate Judiciary Committee’s Oct. 28 hearing on “Competition Issues in the Seed and Fertilizer Industries” (link) drew bipartisan concern over rising farm input costs, lack of…
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