From: Terry Reilly
Sent: Tuesday, March 03, 2020 2:12:16 PM (UTC-06:00) Central Time (US & Canada)
Subject: FI Evening Grain Comments 03/03/20
PDF attached includes updated US soybean complex S&D’s
9:02:05 am livesquawk FOMC Lower Target Range For The Federal Funds Rate By 1/2 Percentage Point, To 1 To 1 1/4 Percent.
– Closely Monitoring Developments And Their Implications For The Economic Outlook And Will Use Its Tools And Act As Appropriate To Support The Economy.
– Fundamentals Of The U.S. Economy Remain Strong
G-7 made statement that they stand ready combat any significant downturn in global economy. Specifically, the International Monetary Fund and the World Bank said they are ready to help member nations.
COVID-19: 90,000+ infected and 3,300+ deaths. Total Number Of Cases In Italy Rises To 2502 From 2036 On Monday – RTRS Citing Document