The Finance Committee held a hearing focused on trade and supply chains.
Ag voices were part of the conversation, including the American Soybean Association. President Caleb Ragland shared concerns about the economic pressure farmers are facing and urged lawmakers to focus on expanding market access in future trade deals.
“Our farm economy is in a dire situation. Commodity prices are down nearly 50% from three years ago, while farmers are still facing elevated prices for land, seeds, fertilizer, and pesticides. As the Administration negotiates with trading partners to reduce barriers and address reciprocal trade issues, we encourage this committee to press the White House on the importance of market access for U.S. agriculture. My written testimony includes specific asks of our industry, including a strong plea to couple this reciprocal tariff strategy with swift negotiations to reduce tariffs and remove market barriers for U.S. ag products.”
In a follow-up, Iowa Senator Chuck Grassley asked which countries could serve as future markets for U.S. soy products beyond China. Ragland pointed to India, noting its large population but acknowledging trade with the country remains complex.
At the White House’s “Celebration of Agriculture,” the Trump Administration announced a slate of policies to support farmers and ranchers, including biofuel mandates, SBA loan programs, and new labeling policies to boost domestic markets for ag products.
March 30, 2026 01:01 PM
·
This week on Champions of Rural America, Congressman Nick Begich discusses the lease sale, its economic impact, and what it could mean for future energy production in Alaska.
March 27, 2026 04:32 PM
·
RealAg Radio’s Shaun Haney discusses Canada’s new soil health strategy, its implications for producers, and its potential to support sustainable agriculture in Canada compared to USDA funding for conservation.
March 27, 2026 03:15 PM
·
National Association of Wheat Growers President Jamie Kress discusses how rising fertilizer prices pressure wheat producers and the Administration’s consideration of lowering duties on Moroccan phosphate.
March 27, 2026 02:32 PM
·
EPA estimates the rule could generate more than $10 billion for rural economies and support over 100,000 jobs across agriculture and manufacturing sectors.
March 27, 2026 01:06 PM
·
White House hosts “Celebration of Agriculture” as Trump administration signals new farmer support, including potential tax breaks and upcoming renewable fuel policy updates.
March 27, 2026 11:59 AM
·
