Latest / Closing Market Report
May 18 | Closing Market Report
The May 18, 2026, Closing Market Report highlighted a strong rebound in commodity futures, fueled by optimism over a potential $17 billion increase in Chinese agricultural purchases facilitated by the Trump administration's proposed US-China Board of Trade.
Discussing global competitiveness, agricultural economist Joana Colussi noted that while Brazil produces corn at a lower total cost—largely through its second-crop (safrinha) system—the United States remains competitive by achieving double the average yields despite higher overhead and land expenses.
Finally, meteorologist Mark Russo…
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