WASHINGTON, D.C. (RFD NEWS) — President Donald Trump is expected to discuss trade and the ongoing conflict with Iran during a Cabinet meeting at the White House today, after weather concerns forced the gathering to be moved from Camp David.
While a ceasefire remains in place, overnight missile attacks are raising questions about its stability.
Energy markets are reacting cautiously, with crude oil prices remaining below $100/barrel and the national diesel average slipping another cent overnight.
The pork industry says fuel and transportation costs tied to the conflict continue to pressure operations, though export demand has largely remained steady.
USDA trade data show that pork exports to several Middle Eastern markets weakened in March, with shipments to Egypt down 9 percent.
Huma Chief Sales and Marketing Officer Fred Nichols joins us to discuss rising interest in carbon-based products, soil health strategies, and fertilizer cost concerns.
Current estimates indicate the federal government could be forced to return more than $150 billion to importers.
Ethanol plants kept production steady, but softer gasoline demand and lower exports may limit near-term momentum.
Aimee Bissell discusses Iowa planting progress, weather conditions, fertilizer costs, and concerns over early crop development.
Farmers are closely watching upcoming U.S.-China trade talks as rising fertilizer and diesel costs continue to pressure exports, margins, and rural economies.
Stronger overseas demand for both fuel ethanol and feed co-products continues to reinforce corn use beyond the domestic market.