A big issue in 2024 was USDA’s push for “climate-smart” ag practices. The department poured $3 billion in tax dollars into getting farmers to enroll in projects to reduce emissions and sequester carbon.
With a new administration now in office, many are wondering what might lie ahead.
Roger McEowen with the Washburn School of Law spoke with RFD-TV’s own Suzanne Alexander on efforts under the previous administration, the impact on producers, and how new leadership could change USDA’s policies.
Related Stories
U.S. Secretary of Agriculture Brooke Rollins said permanent access to the higher ethanol blend would provide farmers with much-needed certainty while supporting domestic crop demand.
Larger grain stocks increase supply pressure, but strong fall disappearance — especially for corn and sorghum — suggests demand remains an important offset.
Record corn and sorghum crops boost feed grain supplies, while reduced soybean and cotton production tighten outlooks for oilseeds and fiber markets.
Lewis Williamson with HTS Commodities joined us to provide analysis on the January WASDE report and expectations for grain markets going forward.
Market reaction was bearish for corn and soybeans, with analysts noting that abundant supplies amid tepid demand could keep price pressure on agricultural commodities.
Protein markets are fragmenting. Beef is supply-driven and more structurally expensive, whereas pork and poultry remain price-competitive.