Corn and Soybean Prices Decline Amid Tariff Announcements and Export Sales Data
858+ Words Refined into 7 Facts by AI • 2 sources • 1h ago
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- Corn futures are under pressure, losing 5 to 9 cents.
- President Trump plans to impose reciprocal tariffs next week.
- Current corn commitments are 72% of USDA's estimate.
- Argentina's corn crop ratings show 25% excellent and 49% normal.
- Soybean prices declined by 8 to 11 cents on Friday.
- Speculators increased soybean net long positions by 533 contracts.
- Brazil's soybean crop estimate revised to 174.88 MMT.
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