Much of the trade focus has been on China. However, the United States agricultural industry could be at a significant tariff disadvantage starting April 1 and it has nothing to do with China.
The amount of moisture received across the US southern high plains since October has been ridiculously low. Forecasters warn of intensifying drought and wheat crop losses.
What should have been good news for the grain and oilseed markets ended up having the opposite effect as we ended the week down, sharply down some cases says Jerry Gulke, president of the Gulke Group.