For many American farmers, Canada and Mexico have become indispensable export markets at a time when trade disputes, weak commodity prices, and rising costs are already straining the agricultural economy. Iowa farmer Stu Swanson says many producers are operating on dwindling hope as financial pressures mount. CoBank CEO Tom Halverson argues that trade deals have helped US exports to Canada and Mexico grow roughly 600% since NAFTA’s creation. As negotiations begin, farmers are less focused on expanding the agreement than on preserving certainty and avoiding new disruptions that could further weaken an already fragile farm economy.
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US equity futures waver and oil dips as Iran cites “major progress” in peace talks with the US. The pound falls against major currencies as UK Prime Minister Keir Starmer announces his resignation. Monica Defend of Amundi Investment Institute looks ahead to a busy week of economic data.

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Micron’s earnings numbers came at a delicate moment for the AI industry. Shares of chipmakers and other technology companies had been hammered in recent days on fears that a spending boom was faltering. Questions remain on whether the tech sector can mitigate the boom-and-bust cycles that have characterized the industry.
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Micron Technology Inc. delivered a sales forecast that topped Wall Street estimates after AI-fueled shortages of components sent prices soaring. Revenue is projected to be $50 billion for the fiscal fourth quarter. Earnings come in at $25.31. Matt Bryson of Wedbush Securities reacts.
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Fisher Sand & Gravel embraced the MAGA immigration agenda early on and has won more than $8 billion in government contracts since July. Sophie Alexander explains.
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