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.
Farm Bureau Economist Dr. Faith Parum joins us to break down what year-round E15 passage could mean for agriculture, energy markets, and the future of renewable fuels in the United States.
Thailand will not replace major corn buyers overnight, but renewed access could create another outlet for U.S. corn demand.
Mike Steenhoek with the Soy Transportation Coalition joins us to discuss the proposed federal gas tax suspension, fuel cost pressures, and what the policy could mean for agriculture and transportation.
China’s soybean buying is shifting hard toward Brazil, leaving U.S. shipments at risk of slowing as South America’s record crop reaches export channels
EU simplification may reduce some paperwork, but U.S. exporters still face costly traceability requirements.
U.S. grain export inspections stayed solid for the week ending May 7, with corn still leading the export pace and soybeans posting a strong weekly rebound.
