Speculation is rising around USMCA negotiations as Canadian Prime Minister Justin Trudeau resigns as leader of the Liberal Party. With proposed trade tariffs on the horizon, farmers on both sides of the border are keeping an eye on this situation.
Keith Currie with the Canadian Federation of Agriculture joined RFD-TV’s own Tammi Arender to discuss what Trudeau’s resignation mean for the country’s ag sector, how Canadian farmers are responding, and what kind of impact it could have for producers.
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Corn and cotton gave the strongest signals this week, while soybean demand remained softer than in the previous report.
StoneX’s Josh Linville discusses USDA’s efforts to boost domestic fertilizer production and his outlook on supply and prices.
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.
The trip is giving them a firsthand look at farming beyond the U.S.
Ethanol demand held together last week, but lower production and thinner stocks put more focus on export strength. Production capacity is also strengthening over time and benefiting soybean farmers.
Farm Bureau Economist Dr. Faith Parum discusses USDA’s efforts to expand fertilizer capacity, signals for farm profitability, and AFBF’s Farm Bill expectations.