As the Trump Administration works to balance U.S. trade books, lawmakers on the Ways and Means Committee are frustrated with a lack of progress over the last four years.
Congressman Randy Feenstra of Iowa says the Biden Administration opened zero new trade markets.
“So when you talk about export markets, whether it be corn, soybeans, wheat, cotton, we haven’t opened anything; cattle, hogs, dairy, and now we have that opportunity. We’re really working with the Administration right now. Everyone is hearing about tariffs, but I’m also hearing about the opportunity to have new export markets for all our commodities, and that’s exciting to hear about.”
Feenstra says there are a lot of exciting things on the horizon for agriculture, and he hopes to see greater market access over the next four years.
Prepare for acute UAN risk and a brief urea shock; maintain steady ammonia and phosphate plans, and monitor potash basis on the coasts.
October 06, 2025 11:56 AM
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“A government shutdown impacts all Americans and has serious consequences, including for farmers. It just adds additional uncertainty, disrupts critical services.”
October 06, 2025 11:23 AM
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Agricultural exports continue to be a key contributor to rural employment. However, rural businesses still struggle to fill numerous job openings.
October 06, 2025 10:46 AM
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Treasury Secretary Scott Bessent stated this week that the government will intervene to help, following China’s withdrawal from the U.S. soybean market. One trader says the industry will remain in a holding pattern until Tuesday.
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University of Illinois Ag Economist Gary Schnitker says early projections indicate soybeans will be more profitable than corn in 2026.
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“In the first six months of 2025, 181 Chapter 12 bankruptcies were filed nationwide.”
October 02, 2025 11:06 AM
