“Our farm economy is in a dire situation": Industry leaders urge farm trade prioritization

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.

Related Stories
The American Farm Bureau Federation’s 2026 agenda centers on labor stability, biosecurity, and economic resilience for family farms. Expanded DMC coverage improves risk protection for dairy operations facing tighter margins.
Texas Agriculture Commissioner Sid Miller today unveiled a bold plan to protect the nation’s prime farm and ranchland from the rapid spread of data centers.
U.S. Secretary of Agriculture Brooke Rollins said permanent access to the higher ethanol blend would provide farmers with much-needed certainty while supporting domestic crop demand.
Leadership development and bipartisan engagement remain central to advancing agriculture’s priorities in 2026.
Federal nutrition policy is signaling a stronger demand for whole foods produced by U.S. farmers and ranchers. Consumer-facing guidance favors animal protein, but institutional demand may change little under existing saturated fat limits.
Tennessee Rep. John Rose joined us to pay tribute to his friend and colleague, Rep. Doug LaMalfa, a true Champion of Rural America.

LATEST STORIES BY THIS AUTHOR:

While row crops are expected to see softer impacts, analysts say severe weather of this magnitude will not be as kind to cattle producers.
Cape Cod FarmHER Chloe Starr dives into the world of shellfish farming at one of the few oyster & clam hatcheries in the U.S.
University of Nebraska President Dr. Jeffrey Gold joined us to discuss seasonal affective disorder, winter mental health, and practical strategies for maintaining well-being in rural communities.
FWSSR Communications Director Matt Brockman discusses the event’s competitions, safety preparations, and family-friendly activities during the opening weekend.
From Junior Heifer Shows to Mustang Magic competitions, the 23-day event brings together 4-H and FFA participants, livestock enthusiasts, and families to celebrate North Texas’ rich Western heritage.
CLAAS Senior Vice President for the Americas Region Eric Raby joined us to preview the new docuseries “CLAAS: Made for More,” premiering tonight at 9 PM ET only on RFD-TV.
Dairy farmer and Discover Ag co-host Tara Vander Dussen joined us to discuss the Whole Milk for Healthy Kids Act, her experience at the signing, and what’s next for her family and farm.