More than 20 lawmakers have written Ag Secretary Brooke Rollins, warning the plan could go sideways for farmers. They argue Congress was left in the dark and warn any future moves out of the Beltway would be a mistake.
The group of 23 lawmakers who wrote USDA leadership were all democrats, but some Republicans, like Iowa Senator Chuck Grassley, also took issue with the roll out. He says that USDA only came to the table after the fact, leaving lawmakers little time to digest the information.
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USDA’s Quarterly Grain Stocks report shows increased supplies across all major commodities, with corn, soybeans, and wheat stocks all rising compared to a year ago. Lewis Williamson with HTS Commodities discusses producer and market sentiment ahead of the key report.
Tony St. James and StoneX’s Arlan Suderman provide real-time insight on the USDA’s annual Prospective Plantings report, which shows a shifting acreage across commodities, with farmers planning to cut back on corn and wheat while increasing soybean and cotton acres.
SBA Administrator Kelly Loeffler breaks down the Grocery Guarantee Program, its goals for expanding farmer access to capital, and its potential impact on food production and prices.
Lower shipping costs alone will not restore export competitiveness.
The USDA’s upcoming reports will drop on Tuesday afternoon, giving the trade real results on acreage shifts, drought concerns, and ongoing trade tensions, adding uncertainty for U.S. farmers.