Asian Markets Plunge as Trump's Global Tariff Turmoil Deepens

Hong Kong (CNN) — Asian markets plunged on Monday, deepening a global stocks rout triggered by US President Donald Trump's trade war and China's forceful response to unexpectedly high tariffs.

Japan's benchmark Nikkei fell by more than 8% shortly after opening, while the broader Topix index last traded more than 6.5% lower after recovering from its steepest losses.

In mainland China, where markets reopened after a public holiday, the Shanghai Composite Index was last trading 6.7% lower. The blue-chip CSI300 index lost 7.5%. In Hong Kong, the benchmark Hang Seng index...

Trump’s Political Appointments: What They Mean for Commodity Markets

On January 20, 2025, Donald Trump was sworn in for this second term as US President. JD Vance also took the oath of office to become the 47th Vice President.

The new President and his political appointments have dotted headlines in the agricultural commodity space and beyond–grabbing the attention of individuals worldwide. More importantly, the people Trump is bringing aboard to lead, regulate, or deregulate the country’s industries will carry with them implications for domestic and international commodity markets...

US Valentine's Day Index 2025

As Valentine’s Day traditionally provides a boost for restaurants and confectionary retailers, Expana has analyzed the key commodities associated with this holiday.

Expana’s US Valentine's Day Chocolate Index consists of cocoa beans, sugar, and skimmed milk powder (SMP). In addition, consumption of strawberries increases during the Valentine’s Day period, and vanilla is widely used in preparation of cakes and chocolates. As a result, Expana has included the prices of these commodities separately in this report.

Although US consumers and retailers will welcome more affordable meal prices than in 2024, the cost of confectionery this Valentine’s...

Trudeau: Trump Will Pause Tariffs on Canada for 30 Days

As of Monday evening, US President Trump will postpone 25% tariffs on Canada, Reuters reported after Prime Minister Justin Trudeau wrote an X post about the matter.

After the day's second conversation with Trump, Trudeau wrote:

"I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl. Nearly 10,000 frontline personnel are and will be working on protecting..."

Top 10 Stories from 2024 on Expana

It was a big year for the food and agriculture industry. Below are some of the biggest headlines that sent shockwaves through the trade... 

ANALYSIS: US Egg Prices Soar as Production Hits Eight-Year Low Due to HPAI Outbreaks 

May 30, 2024: “Over the past two weeks, U.S. shell egg prices have soared by 45%, largely due to the ongoing spread of Highly Pathogenic Avian Influenza (HPAI), more commonly known as bird flu. The bird flu has been spreading across the US since February 2022—though not consistently..."

Billions in Aid Approved for US Farmers

As a government shutdown loomed, the US Congress passed spending legislation named the American Relief Act which was signed by President Biden on December 21, 2024. For agriculture and food-related commodities, this legislation contains one-time economic assistance payments, disaster relief payments, as well as partial funding from the rolled-over farm bill.

Part of the funding approved was $10 billion to support some American farmers across the nation. Within 90 days, economic assistance payments will only be dealt to farmers of eligible commodities like corn, soybeans, wheat, rice, canola, mustard...

Trump's Return Could Spark Major Shifts in Agri-Food Trade

Donald Trump secured a victory over Kamala Harris in the 2024 U.S. Presidential Election on November 5, marking a return to leadership that could bring sweeping changes to the agricultural commodities markets.

With a second term, Trump’s decisions could pave the way for notable shifts within trade policy, foreign relations and regulatory approaches.

At Expana’s Agri-Food Americas conference in Chicago last month, Alex Kazan, Partner and Geopolitical Co-Lead, Brunswick Group explained the massive impact the 2024 election would have on agricultural markets...

2024 Presidential Election Poised to Reshape U.S. Commodity Markets

As the 2024 Presidential Election quickly approaches, industry stakeholders are closely watching how the outcome could impact commodity markets, which are sensitive to shifts in policy and federal regulations.

When the new president takes office, businesses and consumers may see changes to key issues like trade and foreign policy. Stay tuned to Expana for continuous updates on how the election may affect agricultural and industrial markets.

Presidential Impact on International Trade

Changes in U.S. trade relations could either strengthen or disrupt markets for agricultural exports...

2024 Holiday Spending Expected to Reach New Record

Consumer spending on the winter holidays is expected to reach a record $902 per person on average across gifts, food, decorations and other seasonal items, according to the National Retail Federation’s latest consumer survey conducted by Prosper Insights & Analytics. The amount is about $25 per person more than last year’s figure and $16 higher than the previous record set in 2019.

“The winter holidays are a treasured time for Americans, and they are prioritizing spending on family this holiday season,” NRF Vice President of Industry and Consumer Insights Katherine...