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vs China
Trade war, heavy rains credit weigh on Deere & Co.*
"'Ongoing concerns about export-market access, near-term demand for commodities such as soybeans, and a delayed planting season in much of North America are causing farmers to become much more cautious about making major purchases,' Deere Chairman and CEO Samuel Allen said in a prepared statement Friday."

vs Central America
Courts weigh Trump's plan to tap Pentagon for border wall

The Defense Department transferred $1 billion to border wall coffers in March and another $1.5 billion last week. Patrick Shanahan, the acting defense secretary, may decide as soon as Wednesday whether to transfer an additional $3.6 billion.

Last month, the Army Corps of Engineers awarded a $789 million contract to SLSCO Ltd. of Galveston, Texas, to replace 46 miles (74 kilometers) of barrier in New Mexico, paid for by Pentagon funds.

On Wednesday, Barnard Construction Co. of Bozeman, Montana, won a $141.8 million contract to replace 5 miles (8 kilometers) in Yuma and 15 miles (24 kilometers) in the Border Patrol's El Centro, California, sector. Southwest Valley Constructors of Albuquerque, New Mexico, won a $646 million contract to replace 63 miles (101 kilometers) in the Border Patrol's Tucson, Arizona, sector. All of those projects are funded by the Defense Department, with construction expected to begin in as little as 45 days.
[...]
Aside from California, states participating in the legal challenge are Colorado, Connecticut, Delaware, Hawaii, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, Virginia and Wisconsin.

injunction sought, one might suppose.
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* Brazil and Argentina soy exports to China during spring and early summer anyway. Other US grain commodities beyond scope of article. Chinese PMs and intermediate goods subject to tariff ignored elsewhere. Catepillar manufactures and sells in China.

Diversity is the key to economic and political evolution.
by Cat on Fri May 17th, 2019 at 09:49:57 PM EST
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