Thursday, December 12, 2019 12:32PM CST
The fertilizer industry is urging swift passage of USMCA by the Canadian and U.S. governments. A recent fertilizer outlook conference also stressed that trade uncertainties are bearish for global fertilizer supply and demand. Both geopolitical and environmental policy issues can have an effect on the industry.
March corn is up 5 cents per bushel, January soybeans are up 12 1/2 cents, and March KC wheat is up 5 cents.
With all of the talk over the last week about trade negotiators getting "closer" to a deal, there remains anticipation Friday morning that some action may be seen before the weekend. This is keeping futures on edge.