Rumors continue to swirl around potential talks between the United States and Iran, keeping uncertainty elevated in the markets. Meanwhile, China’s Foreign Ministry is emphasizing that “trade wars have no winners,” positioning itself as a stabilizing voice in ongoing global trade tensions.
It’s a tale of two worlds across the U.S., with dry conditions persisting in the western Corn Belt, while excessive moisture is keeping planters sidelined in the eastern belt. Drought concerns are also beginning to spill over into the cattle market. At the same time, there’s some surprise that markets aren’t paying closer attention to reports of Foot-and-Mouth Disease in China, which could carry broader implications for global protein trade.
Tuesday Market Wrap Up with Mike Zuzolo at Global Commodity Analytics
