Japan finance minister Kato says has no comment on forex
- warns tariffs could have a significant impact on trade systems
- also impact on economies
Japan finance minister Kato says has no comment on forex
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Corn futures climb 2-3 cents on yield drop fears; cash corn hits $3.93. Coffee & cocoa also see gains.
Wheat futures mixed: Spring wheat up 5-6 cents, HRW down 3.25 cents. Traders eye WASDE report & 867 mbu US stocks.
Live cattle futures dip $1.35 to $227.20, while feeder cattle gain $2.02. Boxed beef prices climb despite supply.
Cotton futures shed 35-43 points; crude oil nudges up to $61.02. Coffee & cocoa prices find support amid supply concerns.
BKR inks $44B Alaska LNG deal, boosting energy exports. Traders eye project risks vs. Asian demand.
Lean hog futures mixed; national base hog price at $82.12, down $1.83. Pork cutout down $2.84. Weekly slaughter up 27k head.
Chinese banks are issuing and reclaiming short-term “phantom” loans to meet targets amid weak demand, drawing regulatory scrutiny. Credit growth hit record lows.
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