Tidbits, U.S.-China Talks, Fed Rate, Wheat Crops, Palm Oil, Middle East 10/29/25
- Wright team
- Oct 29
- 4 min read
Tidbits
We have added pricing comments for soybeans & fuel to the Weekly Summary & Recommendations, make sure to take a look.
U.S.-China: President Trump and Chinese President Xi Jinping will meet Thursday in Asia. That means they will talk while Americans are sleeping. The Wall Street Journal reports the U.S. and China have agreed to reduce port fees on vessels over 80,000 mts, which was a major point of contention. Most grain is shipped in Panamax vessels which gross 55,000 to 60,000 mts.
The Federal Reserve is expected to reduce interest rates by 25 basis points (one-fourth of a percent) this afternoon just before the CBOT closes and possibly announce an official end to its quantitative tightening (QT) policy. QT refers to a policy of generally making money more difficult to borrow to retard economic growth to reduce inflation. A shift away from QT is a shift to an easier money policy. A quantitative easing (QE) is printing more money, much lower interest rates, requiring smaller bank reserves, etc.
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