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.
American Farm Bureau economist Bernt Nelson says consumers are still buying meat despite ongoing price pressures.
Crave Brothers Farmstead Cheese is using cattle waste to help power its dairy operation and cheese production.
Analysts say drought, tight cattle supplies and summer grilling demand continue shaping the protein market outlook.
Senate Majority Leader John Thune says senators are trying to align the E15 effort with broader Farm Bill negotiations as producers continue grappling with weak farm income and elevated costs.
Soybeans accounted for nearly half of the $15 billion in losses on U.S. ag exports to China due to tariffs, according to researchers at North Dakota State University.
Feed grain supplies may tighten in 2026/27, supporting higher corn and sorghum prices despite large crops.
