While some parts of the President’s tariff plan are on hold, the Farm Bureau says the next three months will be critical for reaching a deal.
“But now is the time for discussion with a lot of the countries, whether they had the 10 percent additional or the much higher levels, the country specific, will be engaging in discussions with the administration. See what kind of a deal they can work out in exchange for, perhaps again reducing the tariffs they may have on some of our products by looking at some of their non-tariff trade barriers. In agriculture, of course, we’re looking to standards,” said AFBF’s Dave Salmonsen.
Salmonsen says the Farm Bureau is just waiting to see what happens next and says they will be closely monitoring export numbers in the coming months.
Seasonal pricing strength is lining up with crop stress, giving wheat producers another weather-driven marketing window. Shaun Haney joins us to discuss concerns from ag bankers on farm profitability.
Corn and cotton gave the strongest signals this week, while soybean demand remained softer than in the previous report.
Reliance on vegetable imports remains uneven, with domestic production still anchoring several major categories.
StoneX’s Josh Linville discusses USDA’s efforts to boost domestic fertilizer production and his outlook on supply and prices.
Officials say the virus is not a food safety risk and does not affect humans
The Texas Department of Agriculture confirmed a New World Screwworm case about 119 miles from the Texas border, near Zapata, Texas, and north and west of the Rio Grande Valley.
