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U.S. Corn Acres Higher Than Expected

The USDA released its crop acreage report Friday morning.
 
Dan Basse is the president of AgResource Company in Chicago.
 
"It was a big shock," he said. "U.S. corn seeding came in at 91.7 million acres. That was down only 1.1 million acres from the March intention. We in Chicago had been expecting a decline anywhere between 6 and 12 million acres based on the cool, wet spring weather and farmers having all of these problems but the...data suggests that corn did get seeded."
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Tariff Threats Toss Markets, Tax Purchasers

Video: Tariff Threats Toss Markets, Tax Purchasers

During events around this week’s World Economic Forum in Davos, Switzerland, President Donald Trump retracted his latest threat to impose tariffs on eight European nations including Denmark and the United Kingdom.