Tidbits, Inflation Rates, Poland, Russian Wheat, Broilers & Ethanol 9/11/25
- Wright team
- Sep 11
- 5 min read
Tidbits
CBOT grain and oilseed markets are usually lower the two to four days before the USDA releases its monthly S&D. Yesterday, everything except bean oil was lower after being lower on Tuesday. Typically, prices reach a price low enough that some of the shorts (traders who sold before they buy) decide to take some profit and liquidate their short position by buying futures which results in a very modest rally the day before the S&D. The September S&D will be issued at 10 AM Mountain Time tomorrow.
Tariffs: The U.S. Supreme Court said it will decide whether the bulk of President Donald Trump’s tariffs are legal, agreeing to quickly review his signature economic policy in a case with worldwide financial and political implications.
The tariffs remain in place for now, even though a federal appeals court ruled that Trump exceeded his authority by imposing them. At stake are import taxes affecting trillions of dollars in international commerce.
A decision striking down the levies would cut the current average U.S. effective tariff rate of 16.3% by at least half and could force the U.S. to refund tens of billions of dollars, according to Bloomberg Economics analyst Chris Kennedy. It could also upend the preliminary trade deals Trump has struck with some countries.
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