China Tariff Fears Drag CBOT Soybeans to New Lows; Friday Announcement Possible

** AgResource AM Grain & Oilseed Comment: Good Morning! CBOT soybean and grain contracts started the overnight trading session higher on follow through buying from Tuesday’s strong gain. However, a media report that the Trump Administration is moving to place $50 Bil dollars of tariffs on Chinese goods (expectation of Chinese retaliation) pushed CBOT futures…

Markets Weak Overnight; Geopolitics Fail to Improve

AgResource Daily Farm Marketing Advice for Friday: 1/ Livestock Feeders: Extend 100% forward cash corn coverage through September at a price of $3.85 basis September futures. The weakening cash basis and drop in the CBOT offers a new feed pricing opportunity for livestock producers:  2/ Livestock Feeders: Cover 75% of your soymeal needs through September if September CBOT soymeal futures…