The American Farm Bureau Convention is underway in San Antonio, Texas! Farmers and ranchers gather as the USCMA trade deal review process for next year takes center stage.
According to AFBF’s Dave Salmonsen, “There is a built-in review process to make sure that the agreement is living up to what the three countries want it to. So, the U.S., Canada, and Mexico, each country will start thinking about it this year, defining their goals, and really deciding is this merely a review, look at some tweaks, how is it working, or is this going to be a real negotiation? Are there real big substantive issues that need to be changed and renegotiated?”
However, despite the process in place, Salmonsen warns there are several outside factors that could influence it.
“President Trump has issued an executive order called the America First Trade Policy, and it’s really a direction for all federal agencies to look at a variety of trade issues, but specifically on the U.S.-Mexico-Canada agreement. So there certainly is an opportunity and a potential that all this discussion about USMCA may not wait till 2026,” he adds.
The federal government’s status is far from the only factor moving the markets on Friday. Two critical reports released today on producer inflation and the status of the U.S. cattle herd are also top of mind.
January 30, 2026 12:51 PM
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The changing political climate in America is leading to a drop in migrant crossings near the U.S.-Mexico border, where ranchers like Dr. Mike Vickers say they witnessed horrors from death to child trafficking.
January 30, 2026 11:47 AM
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Record milk output looks strong today, but shrinking replacement numbers mean future supply adjustments could be faster and more volatile.
January 30, 2026 11:44 AM
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A rapidly intensifying winter storm is expected to develop into a bomb cyclone this weekend, affecting the Southeast, southern Virginia, and potentially parts of the mid‑Atlantic and New England.
January 30, 2026 10:52 AM
Brent Graves of StockShowAuctions.com takes us to Grayson County to see the damage from a historic winter ice storm and what it will take to rebuild.
January 30, 2026 09:32 AM
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Strong blending demand continues to support ethanol use even as production and exports fluctuate.
January 30, 2026 07:00 AM
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