Trade has been a big topic at USDA’s Ag Outlook Forum this week in Washington, D.C.
Ag Secretary Brooke Rollins is delivering the keynote address this morning, and she mentioned the Administration’s commitment to securing fair trade deals for American farmers, noting that addressing trade issues is a top priority for the White House.
“We’re committed to getting a fair deal for American agriculture and trade. As you know, this is a top priority for this White House, and we’re going to get it done. I know that many in our industry are concerned, and rightly so, about the effect of tariffs on farmers. But I want you to know that your concerns are heard and that I will always be always your greatest champion.”
Rollins also provided updates on disaster relief, saying the Administration is going to deliver $40 billion in emergency aid, and the effort is moving quickly, with plans to meet the March 21st deadline set by Congress.
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Treasury Secretary Scott Bessent stated this week that the government will intervene to help, following China’s withdrawal from the U.S. soybean market. One trader says the industry will remain in a holding pattern until Tuesday.
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Farm CPA Paul Neiffer joins us to provide an updated analysis of projected ARC and PLC payments and potential delays due to the ongoing government shutdown.
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“It, all of a sudden, says that tracking and fighting hunger is not a priority, apparently, at the federal level.”
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