March 26, 2018
Trade tensions may be easing, but that could change with a tweet. The fear is once a president starts imposing tariffs, it will open a Pandora's box and lead to retaliation. China retaliated a little bit, but it's unclear where they are headed. Also, it looks like the U.S. and South Korea are closer to having a bilateral agreement, which Trump prefers.
Investors are starting to shun the dollar.
Market is usually focusing on planting intentions release this time of year, but instead is focused on trade. Farm Futures came out with its survey on March 23, which found farmers intend to plant more soybeans and less corn.
Grain Stocks report is also out March 29, which will show how much corn was fed over the winter. Also, watch the soybean number.
Markets are closed for Good Friday in the English-speaking world and some are also closed for Easter Monday.
You May Also Like