Closing Chatham elevator bids

-Corn, soybean, wheat futures all closed higher, more gains seen in corn and soybean futures, with wheat up 1-2 pennies.

-trade/tariff headlines continue to push and pull the market higher and lower.

-President Trump increased tariffs on China to 125%, while a 90 day pause was announced for most other counties, the pause announcement supported futures and turned things positive in the back half of the session.

-US Ethanol production showed a decrease in corn use, down 4% from last week.

-A US export sale of 198,000mt of soybeans for this crop year to an unknown buyer was announced this morning.

-Equity markets surged due to Trump announcing a 90 day pause on retaliatory tariffs (excluding China)

Have a good night.

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