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Dow falls 280 points, S&P logs weekly loss as Trump trade war escalates​

Stocks closed lower Friday, a day after the S&P 500 posted a new record high, following President Donald Trump’s announcement of a 35% tariff on Canada and threats of higher tariffs across the board.

The Dow Jones Industrial Average lost 279.13 points, or 0.63%, to close at 44,371.51. The S&P 500 slid 0.33% to end at 6,259.75, and the Nasdaq Composite ended the day 0.22% lower at 20,585.53.

Trump cited fentanyl as a reason for higher Canada duties, adding that they would go higher if the country retaliates. “If Canada works with me to stop the flow of Fentanyl, we will, perhaps, consider an adjustment to this letter,” Trump said in a letter posted on Truth Social.

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Markets Now Closes 7-11-25 Grains Plunge as Weather, Tariffs Trump WASDE: How Low Will Prices Fall?​

Jul 11, 2025
Dave Chatterton, Strategic Farm Marketing


11:08
 

Get Your Trump Bucks $$ With Eric Relph​

Jul 11, 2025
In this episode, Eric Relph of CommStock Investments breaks down the latest USDA Crop Production and WASDE reports, where surprising cuts to corn production estimates failed to move grain markets significantly. He also unpacks the new USDA Supplemental Disaster Relief Program for crop years 2023 and 2024, explaining eligibility requirements and how to apply.


9:22
 

USDA's WASDE Report Should Have Produced a Bullish Reaction. Here's Why It Didn't​

Jul 11, 2025
USDA made positive revisions to demand in the July WASDE report released Friday. The agency also didn't touch yield. So, why didn't the markets rally after the report? Arlan Suderman and Matt Bennett explain.


4:57
 

The New Economics of Farming in the US​

Jul 12, 2025
America’s farms are more productive than ever, but farmers are facing, rising input costs, and shrinking export markets. In Iowa, multigenerational families like the Swansons and Meyers are fighting to keep their legacy alive amid an agriculture trade deficit and growing reliance on government subsidies. To make up the difference, farmers are getting creative, processing about 90% of American corn for ethanol and gasoline, but the future of US farming hinges on access to export markets.

The New Economics of Farming in the US
 

These are America’s 10 strongest state economies best prepared for a recession​

  • With concerns about a recession still elevated, states are promoting themselves to business as economically strong and stable.
  • The strength of each state’s economy is the most important factor in CNBC’s 2025 state competitiveness rankings.
  • The CNBC study considers factors such as economic growth and state finances, but also the potential risk each state faces from higher tariffs and lower federal spending.
With the U.S. economy solid but still facing elevated risk of recession — or, as President Trump described it in May, in a “transition period” — states are pitching themselves as the most stable place for companies to locate no matter what happens to the economy.

“Multiple international headquarters, hundreds of billions of committed investments across a variety of industries and the economy to handle it all,” the Indiana Economic Development Corporation promises.

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What Are the Chances Congress Passes More Emergency Relief for Farmers This Year​

Jul 12, 2025
AgriTalk's Chip Flory spoke to Senate Ag Committee Chairman (R-Ark.) John Boozman this week.


3:59
 

Dow futures drop 100 points after Trump slaps 30% tariff on Mexico and the EU: Live updates​

U.S. equity futures slid early Monday as Wall Street contends with continued tariff risks and second-quarter earnings on deck.

Futures for the Dow Jones Industrial Average fell 140 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures also dropped 0.3% each.

President Donald Trump said Saturday that the U.S. will impose 30% tariffs on the European Union and Mexico starting Aug. 1. Leaders of the EU and Mexico indicated they intend to keep talking with the Trump administration this month in an attempt to agree on a lower rate.

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Wall Street Breakfast Podcast: Musk Not On Board With xAI-Tesla Tie-Up​

Summary

  • Elon Musk clarified he does not support a merger between Tesla and xAI.
  • Synopsys secured conditional Chinese regulatory approval for its $35B acquisition of Ansys, removing a key hurdle for the deal.
  • Warner Bros.' Superman dominated the box office with a $122M domestic debut, leading a strong weekend for major film releases.
  • Bitcoin surged past $120K, driving cryptocurrency stocks higher.
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Lobstermen navigate rising costs of living and working on the coast of Maine​

Jul 12, 2025
Lobstermen along Harpswell's working waterfront say they're facing considerable challenges associated with the high costs of living and working on the coast.


3:34
 

Most S&P 500 sectors set for Q2 earnings decline​

Seven of the S&P 500's 11 sectors are set to post cumulative second-quarter earnings declines, according to S&P Global Market Intelligence data.

Analysts expect the S&P 500's energy sector will post the largest year-over-year drop in cumulative EPS at 26.5%, as 15 of the sector's 23 stocks are poised for declines, according to estimates as of July 9. Front-month WTI crude oil futures prices have fallen by about 19% in the past year.

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Markets Now Closes 7-14-25 What Caused Ag Markets to Fall, Except Corn Monday?​

Jul 14, 2025
Mike Zuzulo, Global Commodity Analytics


10:07
 

Port of Los Angeles sees record container traffic as shippers race to beat Trump’s tariff deadlines​

  • The Port of Los Angeles says that shipping container traffic has increased as importers race to beat the latest deadlines set by President Trump for tariffs.
  • Trade from China, while short of a Covid-like surge, has been up ahead of the mid-August deadline for a deal which could raise tariffs on Chinese goods to 145%.
The Port of Los Angeles reported its best June ever for shipping container traffic, an increase in ocean freight that port executives described as a tariff whipsaw effect, with shippers racing to beat President Trump’s trade taxes, especially a mid-August deadline for tariffs on Chinese goods.

A total of 892,340 twenty-foot equivalent units (TEUs) were processed at the Port of Los Angeles in June, containers that were filled with holiday season and consumer replenishment products. The increase in containers was not a surprise after President Trump lowered the 145% tariff on Chinese goods to 45%. The deadline for the tariff negotiations with China is currently set for August 12. An increase in U.S. manufacturing orders from China during the pause helped fuel China’s trade surplus to $114.7 billion last month.

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