NASHVILLE, Tenn. (RFD-TV) — While the ongoing government shutdown has furloughed nearly half of the staff at the U.S. Department of Agriculture (USDA) and paused the release of weekly harvest progress numbers, farmers across the country continue making strides in the fields.
Lewis Williamson, with HTS Commodities, joined us on Tuesday’s Market Day Report to share insight on what he is hearing from producers during harvest and how the shutdown could ripple through the ag sector.
In his interview with RFD-TV News, Williamson discussed the progress farmers are reporting despite the lack of official data, as well as the uncertainty surrounding the Trump Administration’s expected relief package aimed at supporting soybean growers still grappling with China’s absence from the market.
He also provided an update on Mississippi River levels and the potential implications for grain movement during this critical harvest window.
Lawmakers have until September 30 to shore up federal spending for next year, or risk a government shutdown. The Farm Bill is also set to expire the same day.
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Bottom line: Despite all the efforts advocates make, workers are still making less money.
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Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.
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China has been largely absent from U.S. markets lately, but not when it comes to cotton. It’s a buy that, traders say, isn’t surprising given China’s limitations.
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Assistance for losses due to flooding and wildfire on non-federally managed land
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Rep. Mike Simpson (R-ID) joined us on Champions of Rural America to share his insights on upcoming changes to public land management and how they will benefit agriculture and the Western working class.
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As the White House works to close the trade gap, patience is wearing thin for some lawmakers. Senator Chuck Grassley (R-IA) says farmers are getting backed into a corner.
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