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.
This case could influence how much leverage grain shippers have when a preferred rail outlet is blocked or priced too high.
Farm Bureau economist Dr. Faith Parum says EPA’s final biofuel volumes keep corn demand steady and strengthen the outlook for soybean-based diesel feedstocks.
Industry leaders say overseas markets remain critical as USDA pushes for broader export opportunities.
CME Group’s Fred Seamon joins us to break down the drop in farmer sentiment, discuss the role of input costs and global factors, and share his outlook for the ag economy ahead.
RealAg Radio’s Shaun Haney and other experts break down ongoing energy market volatility, its impact on producer decision-making, and key indicators farmers should monitor moving forward.
Cotton margins improved slightly, even as fertilizer and fuel costs rose due to the Strait of Hormuz disruption linked to the Iran war.
