How do consumers feel about all this tariff talk?
Researchers at the University of Illinois found it is largely a non-partisan issue, with Republicans and Democrats both saying they expect food prices to rise in the coming months.
The Gardner Food and Ag Policy survey found 85 percent of Democrats expect a larger food bill this year, while around 75 percent of Republicans feel the same. 77 percent of all participants said they are somewhat or very worried about the tariff situation.
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Treasury Secretary Scott Bessent last week said an announcement would be made on Tuesday. However, that self-imposed deadline has now passed.
Expect firm demand for dependable HRS and SW, steady movement in HRW, more sorting on SRW, and selective bids on durum until full milling results are released.
Dr. Todd Davis, Chief Economist with the Indiana Farm Bureau, shares a snapshot of his state’s harvest conditions and insights from producers.
Market analyst Kevin Huddleston said news of trade deals could rebound cotton prices in late fall, and producers need to be ready to strike deals.
