Tidbits, Stock Market, S&D Estimates, Fertilizer, Weather, Export Sales 11/6/26
Tidbits
The Stock Market lost more value yesterday than it gained on Wednesday as the Democrats began talking about the many things they are going to do when they take control of Congress in January, including imposing regulations that will slow the AI infrastructure buildout. The NASDAQ Index lost more than $2 trillion in value yesterday. Slow economic growth will reduce the demand for U.S. dollars, the exchange rate of the dollar will decline, making U.S. products more competitive in the world marketplace.
Anybody who has paid attention to what Democrats do when they have the power already knew massive regulations would be dumped on all businesses.
U.S. export sales for old crop soybeans were a healthy 1,456,100 mts, but down 11% from the 4-week average sales as last week’s sales were a marketing-year high of 2.5 million tons and November is the month that soybean importers begin the shift away from U.S. soybeans to South American origin.
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