Wednesday, September 30, 2020 12:24PM CDT
Leaders from USDA and the U.S. Trade Representative's Office speaking at a conference Monday sounded alarms about Europe's Farm-to-Fork strategy, which they see Europe pushing to impose on other countries. The plan may focus on reducing agriculture's environmental footprint, but it threatens technology and innovation as well.
December corn is up 2 3/4 cents per bushel, November soybeans are up 5 3/4 cents, and December KC wheat is down 2 1/4 cents.
Despite moving into the fourth quarter and turning the calendar page to October, traders remain uncertain about short-term market support as questions of economic strength and consumer meat demand adds significant market uncertainty.