Vietnam Inks Deals to Buy $3 Billion US Products Before Talks
Memoranda of understanding were signed during talks involving Minister of Agriculture and Environment Do Duc Duy in Iowa, Ohio, Maryland and Washington from June 2-6, the ministry said in a statement on Saturday.
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Yahoo
6 hours ago
- Yahoo
Trump visits Iowa to kick off America's 250th anniversary, reassure farmers on trade
By Nandita Bose WASHINGTON (Reuters) -President Donald Trump travels to Iowa on Thursday to kick off celebrations marking America's 250th anniversary next year and to tout recent trade and legislative actions to heartland voters who helped propel his return to the White House. Trump will deliver a campaign-style speech at the Iowa State Fairgrounds in Des Moines, a familiar stop for presidential candidates in the early primary state. Trump won Iowa's 2024 Republican caucuses by a historically large margin and carried the state by 13 percentage points in the general election. His latest visit comes ahead of a Friday deadline he set for Congress to pass his sweeping tax and spending legislation, a cornerstone of his second-term domestic agenda that touches everything from immigration to energy policy. In remarks mixing patriotism and policy, Trump will aim to reassure Iowa's voters that his administration is defending their interests and delivering tangible results, according to a person with knowledge of the speech. Trump's trade policies have whipsawed agricultural communities in Iowa, creating economic uncertainty and testing loyalties. Iowa farmers have been hit hard, especially with China's retaliatory tariffs slashing soybean exports and prices. In a Truth Social post on Tuesday announcing his trip, Trump called Iowa "one of my favorite places in the world." "I'll also tell you some of the GREAT things I've already done on Trade, especially as it relates to Farmers. You are going to be very happy with what I say," Trump said. At recent Republican town halls in Iowa, tensions flared as farmers and constituents pressed congressional leaders, including Republican Senator Chuck Grassley, to push back against Trump's retaliatory tariffs. Some Republicans also worry that deep cuts to the Medicaid health program in their sweeping tax bill will hurt the party's prospects in the 2026 midterm elections. Trump has made several memorable trips to the Iowa State Fairgrounds. In 2015, the reality TV star and presidential candidate gave children rides on his personal helicopter as he aimed to overshadow Democratic rival Hillary Clinton. In 2023, Trump's private jet buzzed low over the crowds in another flashy power move, stealing the spotlight from primary rival Ron DeSantis as he campaigned on the ground below.
Yahoo
16 hours ago
- Yahoo
Corn Weakness Extending to Tuesday's Midday
Corn prices are pulling off their early session lows, though contracts are still down 1 to 4 cents across the nearbys at midday. There were no deliveries against July futures overnight. The front month CmdtyView national average Cash Corn price is down 3/4 cents at $3.91. Crop Progress data indicated the US corn crop was 8% silking as of June 29, ahead of the 6% average pace. Condition ratings were up 3 points to 73% good/excellent, as the Brugler500 index was 6 points higher to 382. Ratings were improved in a number of state, with NE and SD up 16 points, TX 28 points higher, and IA 5 points better. States in the East were weaker, with OH down 5, IL 4 points lower, and IN 1 point worse. Coffee Prices Sharply Lower on Abundant Rainfall in Brazil Sugar Prices Plunge as NY July Futures Contract Expires Cocoa Prices Settle Mixed on Currency Fluctuations Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! The 7-day QPF from NOAA shows rains up to 1.5 inches in parts of IA, MN, and WI, with much of the rest of the Corn Belt seeing trace amounts. The quarterly USDA Grain Stocks report showed 4.643 bbu of corn in stocks on June 1. That was just slightly above the average trade estimate and down 354 mbu from the year prior. The annual Acreage report indicated 95.203 million acres of corn planted this spring according to producer surveys. That was just 123,000 below the March Intentions report and down 204,000 acres compared to estimates. Ukraine's ag ministry estimates the 2024/25 corn export total for the market year at 22 MMT, which is shy of the 29.5 MMT in 2024. StoneX estimates the Brazilian corn production total at 136.1 MMT, which is 2.1 MMT above their previous number on a hike to the second crop. ANEC estimate June Brazil exports at 566,435 MT, which is below the 982,812 MT prior estimate. Jul 25 Corn is at $4.18 1/2, down 2 cents, Nearby Cash is at $3.91, down 3/4 cent, Sep 25 Corn is at $4.05 3/4, down 3 1/2 cents, Dec 25 Corn is at $4.21 3/4, down 3 3/4 cents, New Crop Cash is at $3.79 1/2, down 1 1/2 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
2 days ago
- Washington Post
Tracking Trump: Senate passes the GOP budget bill; Musk and Trump resume fight; states sue Trump over mental-health cuts; and more
The Senate passed Trump's tax and immigration bill. Elon Musk and Trump made political threats against each other. A study estimated USAID cuts could cause 14 million deaths. Trump dropped a federal lawsuit against an Iowa pollster. A group of states sued the Trump administration over mental health grant cuts.
