This will be the first full week of trade under President Trump’s new trade policy. Commodities will trade all week with tariffs in place, and while there might be some turbulence, energy groups say desired results will be worth it.
“The President and his administration have been very clear about this - the whole purpose is to bring jobs back to this country, and to bring economic opportunity back to this country. It is shocking to see our trade deficit and how much we are spending in other countries, and those countries are restricting our goods and services. The agriculture sector is the one that’s probably hurt the most and has probably gotten the least attention so far,” said David Holt, President of Consumer Energy Alliance.
From an energy stance, Holt says the emergency orders signed last month will likely help bring consumer costs down, including diesel and gas prices. However, he says it will also help lower costs to run artificial intelligence facilities, which require a lot of energy.
Seven out of the eight major fertilizers saw recent price decreases. However, one key type of fertilizer bucked the overall trend with an 11-percent rise.
September 21, 2023 11:02 AM
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The USDA’s latest crop forecast for corn and soybean production will impact U.S. producers as well as make an impact on global trade.
September 20, 2023 12:25 PM
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Egg prices have been on a roller coaster this year, soaring sky-high and falling back down to Earth in just a few months.
September 19, 2023 12:41 PM
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September 14, 2023 11:51 AM
Dr. Tim Boring with the Michigan Department of Agriculture shed light on the current challenges and opportunities impacting farmers across the State in a conversation with RFD-TV’s own Tammi Arender at the NASDA Annual Meeting this week in Wyoming.
September 13, 2023 02:07 PM
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RFD-TV had the privilege to speak with Susan Littlefield, Farm Director at KRVN in Lexington, Nebraska, who shared her unique perspective covering the event over the last 25 years in her work as a dedicated broadcasting professional.
September 12, 2023 02:44 PM
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