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.
Congressman Adrian Smith of Nebraska joined us with the latest on efforts to secure year-round E15 sales.
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Jack Hubbard, with the Center for the Environment and Welfare, shares context and perspective on the controversial letter about Prop 12 circulating in Washington and how a review shows it misled the public.
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From tariff talks in Europe to SCOTUS uncertainty and rising farm losses, analysts say policy and global supply will shape grain markets in the year ahead.
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Large Brazilian crops heighten downside price risk if the weather allows production to reach projected levels.
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Ethanol and corn groups are not hiding their disappointment over new reports that the bill to allow year-round E15 sales failed as Congress forges ahead on government funding, with another shutdown looming.
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