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Trump announces U.S. reciprocal tariffs on 185 countries, and China retaliates, Trade War Escalates

Video: Trump announces U.S. reciprocal tariffs on 185 countries, and China retaliates, Trade War Escalates


President Trump unveiled steep tariff hikes on almost all U.S. trade partners, imposing a total tariff rate of 54% on China. In response, China struck back with a 34% tariff on all U.S. imports. The discussion also includes updates on 45Z, USDA Planting Intentions results, trends in the crude oil and stock markets, and current weather conditions.


 

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Bigger Corn Yield Pressures Grain; Local Food Reaches School Lunch Trays

Video: Bigger Corn Yield Pressures Grain; Local Food Reaches School Lunch Trays

USDA raised corn and soybean yield estimates above trade expectations, sending grain futures sharply lower. Ahead of National School Lunch Week, one Iowa district shows how local farms and food hubs are helping supply school cafeterias — and the costs and logistics involved. Naomi Blohm and Ted Seifried break down the report and what it means for grain markets.