President Donald Trump says Iran has announced the Strait of Hormuz is fully open.
In a post to Truth Social, Trump says Iran has now declared the waterway “fully open and ready for full passage.” The announcement comes as energy markets have been reacting sharply to developments in the region.
This is a developing story.
Related Stories
U.S.-Canada trade talks continue, with tariffs and dairy market access remaining key issues, and potential changes to Canada’s dairy quotas affecting U.S. producers.
For farmers and ranchers, the combination of expanding export opportunities, uncertain Chinese demand, and unpredictable weather will continue to shape markets heading into the months ahead.
Mexican cattle could improve southern feedlot supplies without reversing the long-term shortage.
The Dutch denim brand’s collapse highlights the financial challenges facing circular fashion and cotton manufacturing.
Industry analysts are also monitoring oil markets as global conflicts continue.
The Farm Bureau is encouraging officials to strengthen the USMCA agreement while ensuring U.S. producers continue to have reliable access to key North American markets.
