top of page
If You Haven't, Try Our Daily Grain Market Reports FREE for 30 Days!

Tidbits, Colombia, AI, Lunar Year, ENSO, Export Inspections 1/28/25

Writer's picture: Wright teamWright team

Highlights


Colombia’s President Petro late Sunday agreed to all of President Trump’s terms on the deportation of migrants. Colombia is a top 5 buyer of U.S. corn and soybean meal while the U.S. is Colombia’s number one trading partner and buys nearly one-third of Colombia’s total exports. Colombia sends crude oil, gold, bananas, fresh-cut flowers, and more than one-quarter of US coffee imports come from Colombia.


U.S. tech stocks were sharply lower yesterday, after Chinese AI company DeepSeek released cost-effective AI models that could greatly reduce demand for GPU chips. Nvidia lost about 17%, nearly $600 billion in market value - largest one-day drop in market cap in history.


Tesla, Meta, Microsoft, Apple and Intel are due to release their financial results between Wednesday and Friday. Investors will also be looking for updates on AI improvements and indications of when artificial intelligence is going to show a return on big-ticket investments. The Return On Investment of AI was a big topic at the annual World Economic Forum in Davos last week.

Want to read more?

Subscribe to wrightonthemarket.com to keep reading this exclusive post.

bottom of page