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For the fifth consecutive week, prices for five of the eight major fertilizers are lower compared to last month, with the remaining three nutrients being slightly higher. DTN designates a significant move as anything 5% or more. UAN28 is the only nutrient with a significant price move compared to a month earlier.
The U.S.-Mexico border reopened to cattle imports at Douglas, Arizona, following a USDA phased plan with safeguards against New World screwworm. Experts estimate 150,000--250,000 head may cross by year's end.
The Canadian tariffs, ranging from 15% to 50%, are set to take effect Sept. 8 in retaliation for U.S. tariffs on roughly $20 billion in Canadian products that took effect after trade talks collapsed late last week.
Reports the Trump administration may double the volume of small-refinery exemptions from the Renewable Fuel Standard have alarmed farm and biofuel groups.
