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PM markets: what does Trump's speech mean for ag prices?

Trump restates commitments to back US interests in trade, as well as suggesting infrastructure spending is still on the cards

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Cautions over loss of US's Mexico ag trade, as Trump takes power
Ag commentators - including from Washington itself - flag the importance of Mexican ag imports, at a time of a weak peso and threats to free trade
Cocoa futures extend losses, after weak North American grind data
North American cocoa processing miss expectations, extending the previous session's currency-driven selloff
Russian sellers lift prices at Egyptian wheat tender
Russian wheat offers are hiked by some $6-8 a tonne in just a week, with the strong rouble and weather disruption lifting prices
US farmland price falls extend into fifth calendar year
However, the rate of decline in farmland prices is easing, a survey shows. A machinery market rout is losing some ferocity too
Triple downgrade for Argentina's flood-hit soybean crop
Both Buenos Aires and Rosario grains exchanges and Argentina's ag ministry cut soy forecasts - but not by as much as some other commentators
Farm sector welcomes choice of Perdue as US ag secretary
Environmental groups may be unhappy, but others say the former veterinarian and grain trader "ticks a lot of boxes"
World wheat harvest to dip in 2017-18 - but not by much, says IGC
The IGC, in its first estimate for world wheat output next season, pegs it at the third biggest ever, with India making up for weak US sowings
Black grass threat spurs higher UK spring barley sowings
UK farmers are gearing up for a big spring barley sowing campaign, with some malting barley seed varieties sold out
EU wheat exports to recover, a bit, in 2017-18 - Strategie Grains
... but they will not return to recent highs above 30m tonnes, the analysis group says, warning of some frost damage to crops
Chinese pork deal sends Atria shares to six-year high
The group wins a pork export deal to the key Chinese market, and takes to 33% the jump in it shares since it in October gained trade consent
White maize futures plumb 14-month low
Good rains are prompting ideas of an upgrade to planted area estimates, with conditions reportedly good
High local production costs will keep Chinese pork imports heavy
A shortage of rural labour and high feed costs will continue to inflate Chinese pork prices, US officials say
Features and market reports
Low US winter wheat sowings won't spark wheat rally
... on their own. The plethora of existing supplies should leave buyers still spoilt for choice. Still, the weak plantings offer grain bulls hope
Featured market report PM markets: what does Trump's speech mean for ag prices?
Trump restates commitments to back US interests in trade, as well as suggesting infrastructure spending is still on the cards
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