This week, President Donald Trump flexed the power of the U.S. when it comes to trade. Mexico and Canada made concessions to avoid tariffs, and now Trump is looking at the European Union.
“Well, we have massive deficits with the European Union, massive like $350 billion, if you can believe it,” Pres. Trump said. “They don’t take our farm products. They don’t take our cars.”
Trump says the EU has abused the U.S. for years, and that needs to change. He also repeated the notion that it could be in Canada‘s best interest to become the 51st state of the United States, saying they have a lot more to lose than we do.
“Why are we willing to lose between $100 billion and $200 billion a year?” Trump said. “We don’t need that. As a state, it’s different, and there are no tariffs. I’d love to see that, but some people say that would be a long shot. If people wanted to play the game right, it would be 100% certain that they become a state.”
This week, Canadian Prime Minister Justin Trudeau offered concessions to keep the tariffs at bay for at least a month. President Trump is expected to keep in talks with Canada and Mexico over the next 30 days.
“Good flies? Is that like a good fire ant?” Miller said. “I don’t know what a good fly is. I don’t know if they’re afraid to kill house flies or stable flies, but I’m ready to kill the screwworm fly.”
October 13, 2025 01:28 PM
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Escalating U.S.–China tensions threaten soybean demand as farm finances are stretched further.
October 13, 2025 10:40 AM
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ock NH3 early, track China’s Oct. 15 call and any U.S. Russia-UAN action, stay nimble on urea, and budget cautiously for high-priced phosphate.
October 09, 2025 05:06 PM
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Large animal veterinarian Dr. Rosalyn Biggs with Oklahoma State University warns producers may not be prepared for the real threat of New World Screwworm.
October 09, 2025 01:10 PM
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Plan for a cooler global trade market in 2026 with tighter margins on exports, potential rate shifts, and premiums for reliable deliveries into Asian and African growth markets.
October 07, 2025 03:24 PM
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Mexico’s tougher, two-step treatment and added checkpoints are catching cases before they can spread—good news for producers near the border.
October 07, 2025 10:55 AM
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Despite tariffs having a less significant impact on exports, corn producers struggle with tariff-related increases on inputs, which complicates their bottom line.
October 06, 2025 01:13 PM
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October 06, 2025 12:11 PM
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.
October 03, 2025 01:04 PM
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