Heartland Ag Edge
Heartland Ag Edge
How Argentina's Move Shakes Grain Futures and Livestock Markets
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How Argentina's Move Shakes Grain Futures and Livestock Markets

Grain futures fell after Argentina's export tax cut. Corn, soybean, wheat prices dropped amid improved rain forecasts and upcoming tariffs. Livestock saw volatile swings.

Grain futures continued selling today after Friday's reversal lower. Argentina has lowered its export taxes, effectively making their grain cheaper compared to U.S. grain. Last night, the market opened lower due to a combination of improved rain prospects in southern Argentina, where crops have been severely impacted, and looming tariff concerns. Presid…

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