President Trump has secured a deal with the European Union, worth billions of dollars for industries like agriculture. He met the EU leader while on a trip to his property in Scotland.
Commission President Ursula von der Leyen acknowledged there was an imbalance and says this is a starting point to fix that.
She has agreed to invest $600 billion into the United States, and that is on top of already established spending. They will also face a 15 percent baseline tariff on anything sent here. During a press conference, President Trump said agriculture will benefit greatly from the deal, but leaders note details on ag trade are still being worked out. The EU has also committed to buying $750 billion worth of U.S. energy.
President Trump’s August 1st deadline is still in place. He told reporters this weekend that three to four other countries are currently in talks and could reach a deal before Friday.
In a statement provided to RFD-TV News, a USDA spokesperson reiterated President Trump and the USDA’s commitment to farmers in difficult economic times.
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China is not one of our top suppliers of cooking oil, according to USDA ERS data, but does export a lot of used cooking oil to the U.S. for biofuel production.
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Industry leaders say $11 billion in new investments could turn the tide as dairy producers face shrinking margins and growing uncertainty.
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Expect choppier basis and wider bids — hedge earlier, keep logistics flexible, and watch Argentina and India headlines for near-term opportunities.
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Even in this strong market, some beef producers are leaving money on the table by not following proven marketing practices.
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New U.S. fees on Chinese-owned and built ships took effect overnight, marking the latest escalation in maritime trade tensions between Washington and Beijing.
October 14, 2025 11:33 AM
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