By Jerry Hagstrom
DTN Political Correspondent
PALM SPRINGS, Calif. (DTN) — Commodity experts at the International Sweetener Colloquium here on Tuesday signaled that the announcements of the spread of the coronavirus and the fall of the stock market are making them uncertain about the future.
Following the stock decline and concerns about the coronavirus — COVID-19 — from the Centers for Disease Control, President Donald Trump on Wednesday announced a 5 p.m. Central news conference seeking to diffuse fears about the virus. Trump took to Twitter early Wednesday to criticize the media and Democrats in Congress for ?doing everything possible to make the (coronavirus) look as bad as possible, including panicking markets, if possible.? Trump added, ?USA in great shape!?
After two days of declines — including the steepest two-day drop in the Dow Jones Industrial Average in four years — U.S. stock indexes such as the DJIA, the S&P 500 and Nasdaq were each ticking upward in early trading Wednesday, as were commodity prices for corn, soybeans and cattle.
