Those prices will likely 'remain at levels that should stimulate both farmer income and ag equipment spending.'

Steel Dynamics saw revenue grow 38% year-over-year on increased steel demand, especially for flat roll steel.

Stock futures rise as progress is made on reaching a U.S. fiscal package before the presidential election; Tesla, Netflix and AT&T are earnings highlights this week; American Airlines will fly Boeing 737 MAX jets before year-end.

The president is reinstating tariffs on the two countries in response to the devaluation of their currencies.

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.